Retail Space with NNN
For Sale
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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 Market8
Property Features for 5370 North Beach Street
General Information
Standard status
Active
Size
3,077 SF
Property subtype
Retail
Additional Details
Cap Rate
10.4%
Building Details
Tenancy
Single
Listing Agency:
CBRE - Seattle
Listed By:
Dino Christophilis · License #WA 24717
(206) 292-1600
Source:
Crexi
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 16 at 2:40PM
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
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 = 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
$49,458
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
2.83%
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%
$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
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
$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 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%
$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.
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
