Corner Office
For Sale
Contact for pricing
1100 Pennsylvania Ave, Fort Worth, TX 76104
Office units on a corner lot at Pennsylvania & Adams Avenue in Fort Worth’s Medical District.
Property Size4,379 SF
Price / SF$194.11
Days on Market95
Property Features for 1100 Pennsylvania Ave
General Information
Standard status
Active
Size
4,379 SF
Property subtype
OFFICE
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 335-7575
Listed By:
Philip Samples · License #553590
(214) 586-8584
Source:
Moodyscre
Added: Jun 12
Changed: Sep 2
Last Checked: Sep 13 at 9:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
Corner office units located at 1100 Pennsylvania Ave on the corner of Pennsylvania Avenue and Adams Avenue in Fort Worth’s Medical District. The property offers 4,379 SF of space in a high-visibility setting within a dense commercial and neighborhood context.
The location is positioned for easy access to major thoroughfares serving downtown Fort Worth, nearby retail destinations, and surrounding established neighborhoods. The area’s traffic and commercial activity can support a range of office uses, including owner-user and investor occupancy strategies.
With its corner-lot configuration and accessible placement in the Medical District, this property is suited for tenants looking for a practical address with straightforward site presence and good day-to-day accessibility for staff and visitors.
The location is positioned for easy access to major thoroughfares serving downtown Fort Worth, nearby retail destinations, and surrounding established neighborhoods. The area’s traffic and commercial activity can support a range of office uses, including owner-user and investor occupancy strategies.
With its corner-lot configuration and accessible placement in the Medical District, this property is suited for tenants looking for a practical address with straightforward site presence and good day-to-day accessibility for staff and visitors.
Key Highlights
- 4,379 SF office units
- Corner lot at Pennsylvania Avenue and Adams Avenue
- Located in Fort Worth’s Medical District
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,359
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,527,180
$1.5M
Cap Rate 7%
$1,090,843
$1.1M
Cap Rate 9%
$848,433
$848.4K
Market Conditions
NOI Build-Up for 4,379 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$131.4K $30.00/SF
− Vacancy
−$29.6K −$6.75/SF
EGI
$101.8K $23.25/SF
− OpEx
−$25.5K −$5.81/SF
NOI
$76.4K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,527,180
Cap Rate 7%
$1,090,843
Cap Rate 9%
$848,433
Alternative Uses
Best Use
Office B
$1.09M
$954.5K – $1.27M
NOI $76,359 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,349 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,928
Businesses Nearby
Explore this area
Business Placement
Demographics for 76104, TX
21,571
Population
9,605
Households
2.2
Avg Household Size
32
Median Age
21%
College-Educated
74%
High-School Grad
5.9 sq mi
ZIP Area
3,656
Density / Sq Mi
$56,848
Median Household Income
$38,131
Median Earnings
$1,385
Median Rent
$145,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Worth, TX
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Frequently Asked Questions
What type of property is this?
Office units - Office units on a corner lot at Pennsylvania & Adams Avenue in Fort Worth’s Medical District.
Where is this office units located?
The property is located at 1100 Pennsylvania Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,379 SF office units; Corner lot at Pennsylvania Avenue and Adams Avenue; Located in Fort Worth’s Medical District
