Back to Search

Neighborhood Retail Center with Multiple Units

5932 River Oaks Boulevard Fort Worth, TX 76114

5932 River Oaks Boulevard, Fort Worth, TX, 76114

$2,150,000

For Sale

$2,150,000

Multi-tenant retail center with seven suites, anchored by State Farm, and a 2025 roof replacement.

Property Size12,047 SF

Lot Size0.69 Acres

Price / SF$178.47

AddedJul 3

Days on Market14

Last RefreshJul 16 at 4:13 am

Property Features for 5932 River Oaks Boulevard

General Information

Standard status: Active
Size: 12,047 SF
Lot size: 0.69 Acres
Property subtype: Retail

Building Details

Year Built: 1986

Listing office SVN | Trinity Advisors

Listing date Jul 3, 2026

Source Svn

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 SVN | Trinity Advisors

Investment Insights

Based on property information with market context.

Calloway Center is a 12,047-square-foot, seven-unit neighborhood retail center built in 1986. The property is currently 85% occupied and is zoned “E” Commercial. Tenancy includes State Farm Insurance (in place since 1998) along with Happy Donuts, Fort Worth Float Company, Liquor Empire, Royal Spa, and Eduardo's Pastry Kitchen, reflecting a mix of daily-needs and service-oriented uses. Recent ownership improvements include a new roof installed in 2025.

The center is located at 5932-5952 River Oaks Boulevard in Fort Worth, Texas. The site encompasses approximately 0.69 acres and is presented as an existing multi-tenant retail asset with an occupied base and space remaining for lease.

For investors, Calloway Center offers a diversified neighborhood tenant mix with established operators and a portion of remaining vacancy that may be targeted for additional leasing. For retail users, the property’s current tenant roster supports a service retail environment, and the existing unit configuration within a single retail center can simplify merchandising and day-to-day operations compared with standalone locations.

Key Highlights

12,047 SF neighborhood multi‑tenant retail center at 5932‑5952 River Oaks Boulevard with 7 units
Built in 1986 and located on approximately 0.69 acres; zoned "E" Commercial
Currently 85% occupied by a mix of neighborhood service tenants, including State Farm Insurance (occupied since 1998)

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$290.6k	$24.12
− Vacancy	−$13.9k	−$1.16
EGI	$276.6k	$22.96
− OpEx	−$83.0k	−$6.89
NOI	$193.6k	$16.07

12,047 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.77M

$2.42M – $3.23M (±1% cap)

NOI $193,638 @ 7.0% cap · market cap 9.01%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.38M

$3.83M – $5.11M (±1% cap)

NOI $306,331 @ 7.0% cap · market cap 14.25%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Vince Adams - State ... Insurance Agency

Suggested Use

Similar For Sale Nearby

$1,200,000

6,280 SF

Two-Building Flex Corner Property

Two adjacent buildings on a corner lot with an updated office and a warehouse with roll-up doors.

2025 E Rosedale Street, Fort Worth, TX 76104

View Details
$1,650,000

6,775 SF

Automotive Service and Warehouse Complex

A fenced, multi-building industrial site with roll-up doors and yard space for vehicle service and related commercial uses.

10901 Jacksboro Highway, Fort Worth, TX 76135

View Details
$775,000

Flex Warehouse with Level Doors

A versatile 2011-built flex warehouse with offices, HVAC, and multiple 10-foot level doors for flexible operations and visibility.

6450 Appian Way, Fort Worth, TX 76135

View Details
$2,200,000

Office-Warehouse Facility with Secure Yard

Turnkey office and heated/cooled warehouse on fully secured acreage with multiple overhead doors and on-site restrooms.

8400 Calmont Avenue, Fort Worth, TX 76116

View Details
$405,000

4,612 SF

Modern Office Condo Suite

Turnkey second-generation office condo with private offices, conference room, and energy-efficient finishes.

3121 Bailey Drive, Fort Worth, TX 76177

View Details
$545,000

Flex Space with Roll-Up Warehouse

Light industrial flex property with office, showroom, and warehouse/shop space plus grade-level roll-up access.

3013 Joyce Drive, Fort Worth, TX 76116

View Details
$1,400,000

3,400 SF

Four-Story Condo with Rooftop Terrace

Four-bedroom, three-bath four-story condo with a private elevator and rooftop terrace with an outdoor kitchen.

9216 Live Oak Lane, Fort Worth, TX 76179

View Details
$2,195,000

6,350 SF

Boutique Five-Unit Townhome-Style Property

Newly built five-unit multifamily with individual entries, attached garages, and upper-level outdoor space for a townhome feel.

1120 Galveston Avenue, Fort Worth, TX 76104

View Details
$607,500

3,216 SF

Duplex With Two Outdoor Courtyards

Turn-key duplex with two well-maintained 2-bedroom units, each with a garage and multiple outdoor living areas.

5011 Ledgestone Drive, Fort Worth, TX 76132

View Details
$1,300,000

Mixed-Use Bar and Gym Building

Commercial building offers a turnkey bar setup and a fully operational rear gym, each with distinct interior spaces.

3717 Mccart Avenue, Fort Worth, TX 76110

View Details
$660,000

3,232 SF

Detached Duplex Income Property

New construction duplex offers two fully detached homes with 3 bedrooms, 2.5 baths, and a 2-car garage each.

3109 Karen Street, Fort Worth, TX 76116

View Details
$749,900

Multi-Suite Office Building

Double-lot office building with eight suites and newer roof, currently operating with a law office plus month-to-month subleases.

2905 Lackland Road, Fort Worth, TX 76116

View Details

Similar Off Market Nearby

Coin Cloud Bitcoin ATM — 5516 River Oaks Blvd, River Oaks, TX 76114

For sale
Shopping centers
TX
Fort Worth
76114
5932 River Oaks Boulevard

What type of property is this?

Shopping center - Multi-tenant retail center with seven suites, anchored by State Farm, and a 2025 roof replacement.

Where is this shopping center located?

The property is located at 5932 River Oaks Boulevard Fort Worth, TX.

What is the asking price?

The asking price for this property is $2,150,000.

What are key features of this property?

This property features: 12,047 SF neighborhood multi‑tenant retail center at 5932‑5952 River Oaks Boulevard with 7 units; Built in 1986 and located on approximately 0.69 acres; zoned "E" Commercial; Currently 85% occupied by a mix of neighborhood service tenants, including State Farm Insurance (occupied since 1998)