5796 E Hwy 114 Haslet, TX 76052
Four buildings on 2.186 acres with staggered lease terms.
Property Features for 5796 E Hwy 114
General Information
- Standard status
- Active
- Size
- 21,500 SF
- Lot size
- 2.19 Acres
- Property subtype
- Retail, Office
Listing office Pierce Investments
Listing date May 21, 2026
Source Crexi
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 Pierce Investments
Investment Insights
Based on property information with market context.
Key Highlights
- High occupancy rate of 83% indicating strong income potential.
- Diverse tenant mix reduces risk and provides stable income streams.
- 2.186‑acre site at the corner of SH 114 and CR 4841 offers high visibility and accessibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $536.6k | $24.96 |
| − Vacancy | −$26.8k | −$1.25 |
| EGI | $509.8k | $23.71 |
| − OpEx | −$152.9k | −$7.11 |
| NOI | $356.9k | $16.60 |
