Absolute Net Retail
For Sale
Contact for pricing
9541 Clifford St, Fort Worth, TX 76108
For sale retail space with absolute net terms and corporate tenant, backed by BBB-rated operator.
Property Size7,296 SF
Price / SF$191.20
Days on Market807
Property Features for 9541 Clifford St
General Information
Standard status
Active
Size
7,296 SF
Property subtype
RETAIL
Listing Agency:
CBRE - Corporate
(972) 345-2014
Listed By:
Bradley (Brad) Benjamin · License #LIC.#980500024
(972) 345-2014
Source:
Moodyscre
Added: Jun 5, 2024
Changed: Jul 26
Last Checked: Jul 26 at 3:05PM
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 CBRE - Corporate
Investment Insights
Based on property information with market context.
This for-sale retail space is offered on an absolute net lease structure, with no landlord responsibilities. The property is backed by an international corporate tenant that is described as BBB-rated and is supported by an established 15-year track record.
CBRE location intelligence reports nearly $2 million in annual sales at this location. The surrounding area is characterized as having strong and increasing demographics, with the retail site noted as being surrounded by 35+ national retailers. Visibility and ingress/egress are described as excellent from Clifford Street.
Additional details beyond the provided remarks, including specific unit layout, size breakdowns, or interior condition, are not included in the information provided.
CBRE location intelligence reports nearly $2 million in annual sales at this location. The surrounding area is characterized as having strong and increasing demographics, with the retail site noted as being surrounded by 35+ national retailers. Visibility and ingress/egress are described as excellent from Clifford Street.
Additional details beyond the provided remarks, including specific unit layout, size breakdowns, or interior condition, are not included in the information provided.
Key Highlights
- Backed by a BBB‑rated international corporate tenant
- Absolute net lease structure with no landlord responsibilities whatsoever
- CBRE location intelligence reports nearly $2M in annual sales at this location
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
$117,273
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
8.41%
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%
$2,345,460
$2.3M
Cap Rate 7%
$1,675,329
$1.7M
Cap Rate 9%
$1,303,033
$1.3M
Market Conditions
NOI Build-Up for 7,296 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
$176.0K $24.12/SF
− Vacancy
−$8.4K −$1.16/SF
EGI
$167.5K $22.96/SF
− OpEx
−$50.3K −$6.89/SF
NOI
$117.3K $16.07/SF
Area
ZIP 76108
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
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%
$2,345,460
Cap Rate 7%
$1,675,329
Cap Rate 9%
$1,303,033
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.95M
NOI $117,273 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,830 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail space with absolute net terms and corporate tenant, backed by BBB-rated operator.
Where is this retail space located?
The property is located at 9541 Clifford St Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Backed by a BBB‑rated international corporate tenant; Absolute net lease structure with no landlord responsibilities whatsoever; CBRE location intelligence reports nearly $2M in annual sales at this location
