NNN Dollar General Retail
For Sale
$1,410,000
4433 Mansfield Hwy, Fort Worth, TX 76119
NNN retail property leased to Dollar General Corporation, located at 4433 Mansfield Hwy in Fort Worth, Texas.
Property Size7,500 SF
Days on Market137
Property Features for 4433 Mansfield Hwy
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Commercial
Lease Term
±6.77 Yrs
Building Details
Building Size
7,500 SF
Year Built
2017
Listed By:
Ty Baumgartner · License #821306 (TX)
(214) 623-5946
Source:
Matthews
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 6 at 3:53AM
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 Ty Baumgartner
Investment Insights
Based on property information with market context.
This NNN retail property is offered for sale and currently leased to Dollar General Corporation. It presents an investment structure tied to an established national tenant, with long-term lease characteristics referenced in the offering materials.
The property is located at 4433 Mansfield Hwy in Fort Worth, Texas, along a retail corridor described in the remarks as well-positioned for consumer demand from nearby residential neighborhoods, schools, and local businesses.
The property is located at 4433 Mansfield Hwy in Fort Worth, Texas, along a retail corridor described in the remarks as well-positioned for consumer demand from nearby residential neighborhoods, schools, and local businesses.
Key Highlights
- NNN retail property leased to Dollar General Corporation (NYSE: DG)
- Location: 4433 Mansfield Hwy, Fort Worth, Texas
- Long‑term lease with an established national tenant, Dollar General Corporation
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
$129,163
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
9.16%
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%
$2,583,260
$2.6M
Cap Rate 7%
$1,845,186
$1.8M
Cap Rate 9%
$1,435,144
$1.4M
Market Conditions
NOI Build-Up for 7,500 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
$180.9K $24.12/SF
− Vacancy
−$8.7K −$1.16/SF
EGI
$172.2K $22.96/SF
− OpEx
−$43.1K −$5.74/SF
NOI
$129.2K $17.22/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /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%
$2,583,260
Cap Rate 7%
$1,845,186
Cap Rate 9%
$1,435,144
Alternative Uses
Best Use
Specialty Retail
$1.85M
$1.61M – $2.15M
NOI $129,163 @ 7.0% cap · market cap 9.16%
Second Best
Retail
$1.72M
$1.51M – $2.01M
NOI $120,552 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$2.72M
$2.38M – $3.18M
NOI $190,710 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,397 visits/mo
0.0 miles
Cash America
Shops & Services
5,162 visits/mo
0.2 miles
Valero Energy
Shops & Services
3,808 visits/mo
0.2 miles
Demographics for 76119, TX
50,850
Population
16,697
Households
3
Avg Household Size
32
Median Age
8%
College-Educated
66%
High-School Grad
15.9 sq mi
ZIP Area
3,198
Density / Sq Mi
$46,537
Median Household Income
$29,387
Median Earnings
$1,234
Median Rent
$146,100
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?
NNN property - NNN retail property leased to Dollar General Corporation, located at 4433 Mansfield Hwy in Fort Worth, Texas.
Where is this nnn property located?
The property is located at 4433 Mansfield Hwy Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,410,000.
What are key features of this property?
This property features: NNN retail property leased to Dollar General Corporation (NYSE: DG); Location: 4433 Mansfield Hwy, Fort Worth, Texas; Long‑term lease with an established national tenant, Dollar General Corporation
