Freestanding Convenience
For Sale
Contact for pricing
8001 Bangor Dr, Benbrook, TX 76116
Operating neighborhood store with real estate, convenience retail, ATM, lottery, Bitcoin, and delivery sales components.
Property Size2,000 SF
Lot Size0.23 Acres
Price / SF$299.50
Days on Market144
Property Features for 8001 Bangor Dr
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.23 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
Beam Real Estate
(972) 484-6644
Listed By:
Shehzad Ziauddin · License #TX 653171
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 9:15PM
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 Beam Real Estate
Investment Insights
Based on property information with market context.
This freestanding convenience store includes the operating business and the underlying real estate. The property occupies 0.23 acres and contains a 2,000 SF building. Store hours are 7:00 AM to 11:00 PM, with inside retail sales supported by DoorDash delivery, ATM service, lottery commissions, Bitcoin activity, and miscellaneous income streams.
The property is located at 8001 Bangor Drive in Benbrook, Texas, near Fort Worth. The offering combines an operating neighborhood retail business with an on-site commercial building and land, providing a single-asset acquisition for an owner-operator or business buyer.
The property is located at 8001 Bangor Drive in Benbrook, Texas, near Fort Worth. The offering combines an operating neighborhood retail business with an on-site commercial building and land, providing a single-asset acquisition for an owner-operator or business buyer.
Key Highlights
- Business operations and real estate offered together
- Freestanding convenience store on 0.23 acres
- 2,000 SF building
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
$33,197
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
5.54%
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%
$663,940
$663.9K
Cap Rate 7%
$474,243
$474.2K
Cap Rate 9%
$368,856
$368.9K
Market Conditions
NOI Build-Up for 2,000 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
$49.9K $24.96/SF
− Vacancy
−$2.5K −$1.25/SF
EGI
$47.4K $23.71/SF
− OpEx
−$14.2K −$7.11/SF
NOI
$33.2K $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 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%
$663,940
Cap Rate 7%
$474,243
Cap Rate 9%
$368,856
Alternative Uses
Best Use
Retail
$474.2K
$415.0K – $553.3K
NOI $33,197 @ 7.0% cap · market cap 5.54%
Second Best
Specialty Retail
$432.8K
$378.7K – $504.9K
NOI $30,294 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$703.5K
$615.6K – $820.8K
NOI $49,248 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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- Fiesta Mart #69 — 7809 Camp Bowie Blvd, Fort Worth, TX 76116
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating neighborhood store with real estate, convenience retail, ATM, lottery, Bitcoin, and delivery sales components.
Where is this grocery and convenience store located?
The property is located at 8001 Bangor Dr Benbrook, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Business operations and real estate offered together; Freestanding convenience store on 0.23 acres; 2,000 SF building
