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Office and Warehouse Investment Property
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142 N FM 730, Boyd, TX 76023

Office/warehouse buildings with outside storage on 2.232 acres.

Property Size2 SF
Lot Size2.23 Acres
Days on Market153

Property Features for 142 N FM 730

General Information

Standard status Active
Size 2 SF
Lot size 2.23 Acres
Property subtype Retail
Listing Agency: Transwestern Fort Worth
Listed By: Gavin Behr · License #692962
Source: Transwestern
Added: Mar 7 Changed: Jul 10 Last Checked: Aug 7 at 12:44AM

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 Transwestern Fort Worth

Investment Insights

Based on property information with market context.

This property features two buildings: an office building with approximately 4,430 square feet and a warehouse/service center building with 5,360 square feet. The property also includes industrial outside storage on a 2.232-acre tract. The site has nearly 20 years of operating history. A recent three-year early lease extension indicates a strong commitment to the site, resulting in nearly 4 years of remaining lease term. The lease is an absolute triple net lease with no landlord responsibilities. The total operating revenue in fiscal year 2023 was more than $4.2 billion and more than $1 billion in total comprehensive income.

Key Highlights

  • High Cap Rate: Enjoy a 7.25% return on investment based on a $200,000 Net Operating Income (NOI).
  • Absolute Triple Net Lease: Ensuring passive income with no landlord responsibilities.
  • Strong Tenant Commitment: Benefit from nearly 4 years of remaining lease term due to a recent three‑year early lease extension.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Building Supply Electrical Service Pharmacy Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby

Demographics for 76023, TX

6,825
Population
2,614
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
90%
High-School Grad
53.8 sq mi
ZIP Area
127
Density / Sq Mi
$80,927
Median Household Income
$40,736
Median Earnings
$1,091
Median Rent
$281,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office/warehouse buildings with outside storage on 2.232 acres.
Where is this mixed-use property located?
The property is located at 142 N FM 730 Boyd, TX.
What are key features of this property?
This property features: High Cap Rate: Enjoy a 7.25% return on investment based on a $200,000 Net Operating Income (NOI).; Absolute Triple Net Lease: Ensuring passive income with no landlord responsibilities.; Strong Tenant Commitment: Benefit from nearly 4 years of remaining lease term due to a recent three‑year early lease extension.
More about this property
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