Renovated Office Retail
For Sale
Contact for pricing
6717 Calmont Ave, Fort Worth, TX 76116
Single-tenant office/retail building with a clean, modern interior and recent renovation, currently used as a bridal salon.
Property Size2,124 SF
Price / SF$247.18
Days on Market127
Property Features for 6717 Calmont Ave
General Information
Standard status
Active
Size
2,124 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Building Details
Tenancy
Single
Listing Agency:
Team & Vasseur Commercial Real Estate
(817) 335-7575
Listed By:
Nathan Vasseur
(682) 429-7400
Source:
Moodyscre
Added: May 12
Changed: Sep 6
Last Checked: Sep 14 at 9:28AM
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 Team & Vasseur Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,124 SF (+/-) single-tenant office/retail building has undergone a recent renovation and features a clean, modern interior. The current setup operates as a bridal salon, and the layout is compatible with boutique retail, service-oriented uses, or an office/showroom concept.
Located in West Fort Worth at 6717 Calmont Ave, the property is designed for convenient customer and employee access.
The offering includes a dedicated single-tenant building configuration, making it well-suited for an owner-operator or a tenant seeking a private, renovated space for their brand or services.
Located in West Fort Worth at 6717 Calmont Ave, the property is designed for convenient customer and employee access.
The offering includes a dedicated single-tenant building configuration, making it well-suited for an owner-operator or a tenant seeking a private, renovated space for their brand or services.
Key Highlights
- 2,124 SF single‑tenant office/retail building in West Fort Worth
- Clean, modern interior with a recent renovation
- Currently operating as a bridal salon
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
$34,140
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
6.50%
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%
$682,800
$682.8K
Cap Rate 7%
$487,714
$487.7K
Cap Rate 9%
$379,333
$379.3K
Market Conditions
NOI Build-Up for 2,124 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
$51.2K $24.12/SF
− Vacancy
−$2.5K −$1.16/SF
EGI
$48.8K $22.96/SF
− OpEx
−$14.6K −$6.89/SF
NOI
$34.1K $16.07/SF
Area
Fort Worth, TX
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%
$682,800
Cap Rate 7%
$487,714
Cap Rate 9%
$379,333
Alternative Uses
Best Use
Retail
$487.7K
$426.8K – $569.0K
NOI $34,140 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$771.6K
$675.1K – $900.2K
NOI $54,009 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 76116, TX
51,639
Population
25,808
Households
2
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.3 sq mi
ZIP Area
4,198
Density / Sq Mi
$54,738
Median Household Income
$39,040
Median Earnings
$1,205
Median Rent
$286,500
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
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant office/retail building with a clean, modern interior and recent renovation, currently used as a bridal salon.
Where is this retail space located?
The property is located at 6717 Calmont Ave Fort Worth, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,124 SF single‑tenant office/retail building in West Fort Worth; Clean, modern interior with a recent renovation; Currently operating as a bridal salon
