Two-Phase Retail Strip
For Sale
Contact for pricing
1801 Lone Oak Road, Weatherford, TX 76086
Two-phase strip center totaling 33,756 SF on approximately 3.53 acres across two addresses in Weatherford, Texas.
Property Size33,756 SF
Lot Size3.53 Acres
Price / SF$287.83
Days on Market64
Property Features for 1801 Lone Oak Road
General Information
Standard status
Active
Size
33,756 SF
Class
A
Lot size
3.53 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
C-1
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$710,340
Building Details
Year Built
2024
Buildings
2
Tenancy
Multi
Listing Agency:
Trinity Country Real Estate
(817) 594-8183
Listed By:
Matt Milligan · License #0500456
Source:
Crexi
Added: Jun 9
Changed: Aug 8
Last Checked: Jun 20 at 8:44AM
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 Trinity Country Real Estate
Investment Insights
Based on property information with market context.
Lone Oak Strip Center Phase 1 and Phase 2 offer a combined retail property totaling 33,756 square feet on approximately 3.53 acres. The offering includes space at 1801 Lone Oak Road and 1725 Lone Oak Road, presented as a cohesive strip center configuration intended for retail tenants.
The property is located in Weatherford, Texas, with the two parcels addressed along Lone Oak Road. As a multi-phase retail center, it provides an ownership platform for retailers seeking a dedicated strip center environment.
For buyers and operators, this asset is marketed as a stabilized retail offering, making it a fit for those looking to acquire an income-producing retail center with established center identity across two phases. Prospective tenants can evaluate the available retail space within the Lone Oak Strip Center concept when considering location and center format within Weatherford.
The property is located in Weatherford, Texas, with the two parcels addressed along Lone Oak Road. As a multi-phase retail center, it provides an ownership platform for retailers seeking a dedicated strip center environment.
For buyers and operators, this asset is marketed as a stabilized retail offering, making it a fit for those looking to acquire an income-producing retail center with established center identity across two phases. Prospective tenants can evaluate the available retail space within the Lone Oak Strip Center concept when considering location and center format within Weatherford.
Key Highlights
- Two‑phase Lone Oak Strip Center totals 33,756 SF of retail space
- Located at 1801 Lone Oak Road and 1725 Lone Oak Road in Weatherford, TX 76086
- Sits on approximately 3.53 acres
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
$543,149
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
5.59%
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%
$10,862,980
$10.9M
Cap Rate 7%
$7,759,271
$7.8M
Cap Rate 9%
$6,034,989
$6.0M
Market Conditions
NOI Build-Up for 33,756 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
$814.2K $24.12/SF
− Vacancy
−$38.3K −$1.13/SF
EGI
$775.9K $22.99/SF
− OpEx
−$232.8K −$6.90/SF
NOI
$543.1K $16.09/SF
Area
Parker County, TX
Vacancy
4.70%
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%
$10,862,980
Cap Rate 7%
$7,759,271
Cap Rate 9%
$6,034,989
Alternative Uses
Best Use
Retail
$7.76M
$6.79M – $9.05M
NOI $543,149 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$33.54M
$29.35M – $39.13M
NOI $2,347,942 @ 7.0% cap · market cap 24.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
320k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Superstores 27%
Shops & Services 14%
Electronics 4%
Walmart
Superstores
87,209 visits/mo
0.3 miles
Chuy's
Dining
25,175 visits/mo
0.2 miles
Murphy USA
Shops & Services
23,034 visits/mo
0.2 miles
McDonald's
Dining
22,444 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
16,116 visits/mo
0.4 miles
Demographics for 76086, TX
21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Two-phase strip center totaling 33,756 SF on approximately 3.53 acres across two addresses in Weatherford, Texas.
Where is this strip mall located?
The property is located at 1801 Lone Oak Road Weatherford, TX.
What is the asking price?
The asking price for this property is $9,715,965.
What are key features of this property?
This property features: Two‑phase Lone Oak Strip Center totals 33,756 SF of retail space; Located at 1801 Lone Oak Road and 1725 Lone Oak Road in Weatherford, TX 76086; Sits on approximately 3.53 acres
