Multi-Tenant Shopping
5199 McCart Avenue, Fort Worth, TX 76115
For Sale
Contact for pricing
The property combines a varied tenant roster with multiple entry and exit points.
Property Size75,980 SF
Lot Size8.39 Acres
Price / SF$180.76
Days on Market51
Property Features for 5199 McCart Avenue
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Road Access
Building Details
Tenancy
Listing Agency:
SHOP Companies
Listed By:
Tommy Tucker · License TX #850939
(214) 960-2887
Source:
Crexi
Added: Sep 23
Changed: Nov 5
Last Checked: Nov 12 at 8:18AM
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 SHOP Companies
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Investment Insights
Based on property information with market context.
Spanning 75,980 square feet across two parcels totaling approximately 8.39 acres, this retail center is 86.72% leased. Its tenants include AutoZone, Mr. Gatti’s Pizza, Antojitos Latinos, Van Marcke Plumbing and The Classic Barber Shop. The property has multiple ingress and egress points and a monument sign visible from two sides. Average lease expiration is February 2031.
Retailers in the surrounding area include QuikTrip, Taco Bell, Dollar General, Sherwin Williams, 7-Eleven, CVS, Subway, Walgreens and Dollar Tree.
Retailers in the surrounding area include QuikTrip, Taco Bell, Dollar General, Sherwin Williams, 7-Eleven, CVS, Subway, Walgreens and Dollar Tree.
Key Highlights
- 75,980‑square‑foot retail center on two parcels totaling +/- 8.39 acres
- 86.72% leased to a mix of retail and service tenants
- Tenants include AutoZone, Mr. Gatti’s Pizza, Antojitos Latinos, Van Marcke Plumbing and The Classic Barber Shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,221,270
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,425,400
$24.4M
Cap Rate 7%
$17,446,714
$17.4M
Cap Rate 9%
$13,569,667
$13.6M
Market Conditions
NOI Build-Up for 75,980 SF
Gross rent
$1.83M $24.12/SF
− Vacancy
−$88.0K −$1.16/SF
EGI
$1.74M $22.96/SF
− OpEx
−$523.4K −$6.89/SF
NOI
$1.22M $16.07/SF
Area
Fort Worth, TX
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 Rate 5%
$24,425,400
Cap Rate 7%
$17,446,714
Cap Rate 9%
$13,569,667
Alternative Uses
Best Use
Retail
$17.45M
$15.27M – $20.35M
NOI $1,221,270 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$27.60M
$24.15M – $32.20M
NOI $1,932,019 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
86.7%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76115, TX
20,956
Population
6,706
Households
3.1
Avg Household Size
29
Median Age
17%
College-Educated
53%
High-School Grad
4.6 sq mi
ZIP Area
4,556
Density / Sq Mi
$51,823
Median Household Income
$29,868
Median Earnings
$1,177
Median Rent
$132,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Shopping centers in Fort Worth
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Plaza — 5707 crowley rd ste c, fort worth, tx 76134
Frequently Asked Questions
What type of property is this?
Shopping center - The property combines a varied tenant roster with multiple entry and exit points.
Where is this shopping center located?
The property is located at 5199 McCart Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $13,734,000.
What are key features of this property?
This property features: 75,980‑square‑foot retail center on two parcels totaling +/- 8.39 acres; 86.72% leased to a mix of retail and service tenants; Tenants include AutoZone, Mr. Gatti’s Pizza, Antojitos Latinos, Van Marcke Plumbing and The Classic Barber Shop
