Fort Worth Medical Facility
For Sale
Contact for pricing
4441 Bryant Irvin Rd N, Fort Worth, TX 76132
100% leased medical facility in Fort Worth, Texas.
Property Size7,819 SF
Lot Size1.43 Acres
Price / SF$575.52
Days on Market201
Property Features for 4441 Bryant Irvin Rd N
General Information
Standard status
Active
Size
7,819 SF
Class
B
Lot size
1.43 Acres
Property subtype
Office
Zoning
PD-606/ER
Building Details
Year Built
2005
Listing Agency:
Partners - Austin
Listed By:
Ryan McCullough, SIOR · License #TX 742422
Source:
Crexi
Added: Jan 23
Changed: Aug 8
Last Checked: Aug 8 at 6:32AM
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 Partners - Austin
Investment Insights
Based on property information with market context.
This single-tenant medical facility is 100% leased, generating a net operating income of $297,138.24 at a 6.60% cap rate. The property is secured by a long-term absolute NNN lease with a national behavioral healthcare operator. Constructed in 2005 and renovated in 2022, the 7,819 square foot building is situated on a 1.425-acre infill site. It features purpose-built medical improvements and a parking ratio of 4.98 per 1,000 square feet, supporting efficient healthcare operations. Located in Fort Worth, Texas, the asset benefits from strong demographic fundamentals, proximity to major regional healthcare systems, and sustained population growth. This positions the property as a stable, passive, institutional-quality medical investment suitable for long-term ownership.
Key Highlights
- 100% leased single‑tenant medical facility with a long‑term absolute NNN lease.
- $297,138.24 net operating income at a 6.60% cap rate.
- Located in Fort Worth, Texas, benefiting from strong demographics and population growth.
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
$136,344
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
3.03%
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%
$2,726,880
$2.7M
Cap Rate 7%
$1,947,771
$1.9M
Cap Rate 9%
$1,514,933
$1.5M
Market Conditions
NOI Build-Up for 7,819 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
$234.6K $30.00/SF
− Vacancy
−$52.8K −$6.75/SF
EGI
$181.8K $23.25/SF
− OpEx
−$45.4K −$5.81/SF
NOI
$136.3K $17.44/SF
Area
Fort Worth, TX
Vacancy
22.50%
Lease Rate
$30.00 /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%
$2,726,880
Cap Rate 7%
$1,947,771
Cap Rate 9%
$1,514,933
Alternative Uses
Best Use
Office B
$1.95M
$1.70M – $2.27M
NOI $136,344 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$1.63M
$1.43M – $1.90M
NOI $114,001 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$2.84M
$2.49M – $3.31M
NOI $198,822 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,573
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76132, TX
26,249
Population
13,906
Households
1.9
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
3,547
Density / Sq Mi
$67,017
Median Household Income
$42,579
Median Earnings
$1,354
Median Rent
$401,200
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 100% leased medical facility in Fort Worth, Texas.
Where is this medical office space located?
The property is located at 4441 Bryant Irvin Rd N Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 100% leased single‑tenant medical facility with a long‑term absolute NNN lease.; $297,138.24 net operating income at a 6.60% cap rate.; Located in Fort Worth, Texas, benefiting from strong demographics and population growth.
