6001 Watauga Rd, Watauga, TX
Retail space available for sale or lease in Watauga, Texas.
- Added:
- Jan 5, 2024
- Days on Market:
- 888
- Last Refresh:
- May 19 at 8:59 pm
Property Features for 6001 Watauga Rd
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Lot size
- 0.59 Acres
- Property subtype
- OFFICE
Listing agent Nathan Vasseur (682) 429-7400
Listing office Team & Vasseur Commercial Real Estate (682) 429-7400
Listing date Jan 5, 2024
Source Moodyscre
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
HighLights
- For sale or lease option
- Previously used as a Texas Car Title and Payday Loan Service facility
- Old Sonic building
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $24.96 |
| − Vacancy | −$1.4k | −$1.25 |
| EGI | $27.3k | $23.71 |
| − OpEx | −$8.2k | −$7.11 |
| NOI | $19.1k | $16.60 |
Alternative Uses
Current Use by Public Records
Map
- City
- Watauga
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2725
- Latitude
- 32.8644
