Equipped Barbershop Retail
For Sale
Contact for pricing
7201 Baker Boulevard #B-1, Richland Hills, TX 76118
Barber stations, chairs, mirrors, and shampoo areas are already in place, with utilities included.
Property Size800 SF
Price / SF$4.38
Days on Market9
Property Features for 7201 Baker Boulevard #B-1
General Information
Standard status
Active
Size
800 SF
Property subtype
Business
Additional Details
Highway Access
Yes
Building Details
Year Built
2002
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:43PM
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 Magnorum Realty Services, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 800-square-foot retail space is configured as a barbershop, with barber chairs, stations, mirrors, shampoo areas, furnishings, and operating equipment. Utilities are included, and the space dates to 2002. The shop can operate under a new business name, with signage subject to permission.
The property is at 7201 Baker Boulevard, Suite B-1, in Richland Hills, with access to I-820 and the surrounding Mid-Cities area. Individual barber chairs may be rented to other barbers at rates set by the operator.
The property is at 7201 Baker Boulevard, Suite B-1, in Richland Hills, with access to I-820 and the surrounding Mid-Cities area. Individual barber chairs may be rented to other barbers at rates set by the operator.
Key Highlights
- Approximately 800 SF of retail space
- Existing barber chairs, stations, mirrors, and shampoo areas
- Furnishings and equipment for barbershop operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,279
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,580
$265.6K
Cap Rate 7%
$189,700
$189.7K
Cap Rate 9%
$147,544
$147.5K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$20.0K $24.96/SF
− Vacancy
−$998 −$1.25/SF
EGI
$19.0K $23.71/SF
− OpEx
−$5.7K −$7.11/SF
NOI
$13.3K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,580
Cap Rate 7%
$189,700
Cap Rate 9%
$147,544
Alternative Uses
Best Use
Retail
$189.7K
$166.0K – $221.3K
NOI $13,279 @ 7.0% cap · market cap 379.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.4K
$246.2K – $328.3K
NOI $19,699 @ 7.0% cap · market cap 562.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,242 visits/mo
0.4 miles
Valero Energy
Shops & Services
3,623 visits/mo
0.4 miles
Public Storage
Shops & Services
1,287 visits/mo
0.5 miles
Demographics for 76118, TX
16,537
Population
6,584
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
9.7 sq mi
ZIP Area
1,705
Density / Sq Mi
$90,453
Median Household Income
$47,969
Median Earnings
$1,400
Median Rent
$290,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Barber stations, chairs, mirrors, and shampoo areas are already in place, with utilities included.
Where is this retail space located?
The property is located at 7201 Baker Boulevard #B-1 Richland Hills, TX.
What are key features of this property?
This property features: Approximately 800 SF of retail space; Existing barber chairs, stations, mirrors, and shampoo areas; Furnishings and equipment for barbershop operations
