7050 Ridgmar Meadow Rd, Fort Worth, TX 76116
Turnkey restaurant space available for sale in Fort Worth.
- Added:
- Sep 15, 2021
- Days on Market:
- 1758
- Last Refresh:
- Jul 2 at 9:05 am
Property Features for 7050 Ridgmar Meadow Rd
General Information
- Standard status
- Active
- Size
- 6,924 SF
- Property subtype
- Retail
Listing office Structure Commercial (214) 373-8300
Listing date Sep 15, 2021
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 Structure Commercial
HighLights
- Turnkey restaurant space ready for immediate operation.
- Freestanding building offering independence and visibility.
- Located at 7050 Ridgmar Meadow Rd, Fort Worth, TX 76116.
- Opportunity to implement your own culinary vision.
- Space is ready to elevate your dining concept.
- Opportunity for a flavorful journey of success.
Overview
Local Financial Insights For Specialty 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 | $167.0k | $24.12 |
| − Vacancy | −$8.0k | −$1.16 |
| EGI | $159.0k | $22.96 |
| − OpEx | −$39.7k | −$5.74 |
| NOI | $119.2k | $17.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.437442
- Latitude
- 32.7457754
