Retail Space with NNN
For Sale
Contact for pricing
5370 North Beach Street, Haltom City, TX 76137
Arby’s-occupied retail property with a short-term NNN lease structure.
Property Size3,077 SF
Price / SF$567.11
Days on Market54
Property Features for 5370 North Beach Street
General Information
Standard status
Active
Size
3,077 SF
Property subtype
Retail
Site & Location
Neighborhood
Sterling Creek
Additional Details
Cap Rate
10.4%
Building Details
Tenancy
Single
Listing Agency:
CBRE - Seattle
Listed By:
Dino Christophilis · License #WA 24717
(206) 595-5752
Source:
Crexi
Added: Sep 10
Changed: Oct 25
Last Checked: Nov 1 at 3:02AM
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 - Seattle
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Investment Insights
Based on property information with market context.
This 3,077-square-foot retail property is occupied by Arby’s under a short-term NNN lease. The offering combines an established restaurant use with a clearly defined lease structure and a reported 10.40% cap rate.
Located at 5370 North Beach Street in Haltom City, Texas, the property provides a retail investment opportunity within the North Beach Street commercial corridor.
Located at 5370 North Beach Street in Haltom City, Texas, the property provides a retail investment opportunity within the North Beach Street commercial corridor.
Key Highlights
- 3,077 SF retail property
- Arby’s occupancy
- Short‑term NNN lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,458
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$989,160
$989.2K
Cap Rate 7%
$706,543
$706.5K
Cap Rate 9%
$549,533
$549.5K
Market Conditions
NOI Build-Up for 3,077 SF
Gross rent
$74.2K $24.12/SF
− Vacancy
−$3.6K −$1.16/SF
EGI
$70.7K $22.96/SF
− OpEx
−$21.2K −$6.89/SF
NOI
$49.5K $16.07/SF
Area
ZIP 76137
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%
$989,160
Cap Rate 7%
$706,543
Cap Rate 9%
$549,533
Alternative Uses
Best Use
Retail
$706.5K
$618.2K – $824.3K
NOI $49,458 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.3K
$710.8K – $947.7K
NOI $56,863 @ 7.0% cap · market cap 3.26%
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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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 76137, TX
60,555
Population
24,118
Households
2.5
Avg Household Size
34
Median Age
33%
College-Educated
92%
High-School Grad
13.6 sq mi
ZIP Area
4,453
Density / Sq Mi
$86,886
Median Household Income
$49,068
Median Earnings
$1,632
Median Rent
$283,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Arby’s-occupied retail property with a short-term NNN lease structure.
Where is this retail space located?
The property is located at 5370 North Beach Street Haltom City, TX.
What is the asking price?
The asking price for this property is $1,745,000.
What are key features of this property?
This property features: 3,077 SF retail property; Arby’s occupancy; Short‑term NNN lease
