Multi-Tenant Retail Building For
6436 Meadowbrook Dr Fort Worth, TX 76112
6436 Meadowbrook Dr, Fort Worth, TX, 76112
Contact for pricing
For Sale
Contact for pricing
Multi-tenant retail building in Fort Worth, near Loop 820.
Property Size2,200 SF
Price / SF$204.55
Days on Market1710
Property Features for 6436 Meadowbrook Dr
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency
Texas Invest Co
Listed by
Aaron Wimberly · License #TX 614860
Source
Crexi
Added: Nov 11, 2021 Checked: Jul 17 at 7:31 am
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 Texas Invest Co
Investment Insights
Based on property information with market context.
This multi-tenant retail/professional building in Fort Worth offers 2,200 square feet of leasable space, divided into 3 suites. One of the tenants, The Barber Shop, is selling the property due to the owner's retirement. The other two suites are occupied on a month-to-month basis, with one tenant having been there for over 10 years. The property is located on the corner of Meadowbrook Drive and Forest Avenue, approximately 800 feet from Loop 820.
Key Highlights
- Hard corner location at Meadowbrook Drive and Forest Avenue.
- Proximity to Loop 820 (800 feet).
- Multi‑tenant retail/professional building.
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 | $53.1k | $24.12 |
| − Vacancy | −$2.5k | −$1.16 |
| EGI | $50.5k | $22.96 |
| − OpEx | −$15.2k | −$6.89 |
| NOI | $35.4k | $16.07 |
2,200 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$505.2K
$442.0K – $589.4K
NOI $35,362 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$799.2K
$699.3K – $932.4K
NOI $55,942 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Barber Shop
Barber Shop
Wonderful Wigs On The Go ...
Clothing & Fashion Store
The Natural Hair Salon ...
Hair Salon
Loc Star Fort ...
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Multi-tenant retail building in Fort Worth, near Loop 820.
Where is this retail space located?
The property is located at 6436 Meadowbrook Dr Fort Worth, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Hard corner location at Meadowbrook Drive and Forest Avenue.; Proximity to Loop 820 (800 feet).; Multi‑tenant retail/professional building.
