Physician-Led Medical Office
For Sale
Contact for pricing
8030-8032 Camp Bowie W Blvd, Fort Worth, TX 76116
Leased medical primary-care facility occupied by WellMed Medical Group within a physician-led healthcare network.
Property Size4,500 SF
Price / SF$251.41
Days on Market98
Property Features for 8030-8032 Camp Bowie W Blvd
General Information
Standard status
Active
Size
4,500 SF
Total Parking Spaces
32
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$76,365
Building Details
Year Built
1970
Units
7
Tenancy
Single
Listing Agency:
Franklin Street Tampa
Listed By:
Tommy Turner · License #760567
Source:
Crexi
Added: Jun 2
Changed: Sep 6
Last Checked: Sep 7 at 5:58AM
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
The property at 8030–8032 Camp Bowie W Blvd is operating as a medical/primary-care location under WellMed Medical Group. The asset is presented in the remarks as a leased medical office, reflecting established healthcare use at the address.
WellMed has grown from a single clinic into a physician-led healthcare network focused on proactive, value-based care for seniors. The remarks state WellMed serves more than 1 million older adults across Texas, Florida, and New Mexico through more than 16,000 physicians and clinicians, offering specialties that include cardiology, neurology, and palliative care.
From an ownership and tenant-quality perspective, the remarks connect WellMed to UnitedHealth Group through its status as a wholly owned subsidiary of UnitedHealth Group (NYSE: UNH). The information provided also notes WellMed benefits as part of Optum and references UnitedHealth Group’s scale and credit profile, including an A+ rating from S&P, to support long-term financial commitments.
WellMed has grown from a single clinic into a physician-led healthcare network focused on proactive, value-based care for seniors. The remarks state WellMed serves more than 1 million older adults across Texas, Florida, and New Mexico through more than 16,000 physicians and clinicians, offering specialties that include cardiology, neurology, and palliative care.
From an ownership and tenant-quality perspective, the remarks connect WellMed to UnitedHealth Group through its status as a wholly owned subsidiary of UnitedHealth Group (NYSE: UNH). The information provided also notes WellMed benefits as part of Optum and references UnitedHealth Group’s scale and credit profile, including an A+ rating from S&P, to support long-term financial commitments.
Key Highlights
- Leased medical primary‑care facility occupied by WellMed Medical Group
- On‑site address listed as 8030–8032 Camp Bowie W Blvd operating as WellMed/Fort Worth Family Practice
- WellMed is a wholly owned subsidiary of UnitedHealth Group (NYSE: UNH)
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
$65,610
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
5.80%
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%
$1,312,200
$1.3M
Cap Rate 7%
$937,286
$937.3K
Cap Rate 9%
$729,000
$729.0K
Market Conditions
NOI Build-Up for 4,500 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
$121.5K $27.00/SF
− Vacancy
−$12.2K −$2.70/SF
EGI
$109.4K $24.30/SF
− OpEx
−$43.7K −$9.72/SF
NOI
$65.6K $14.58/SF
Area
Fort Worth, TX
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$1,312,200
Cap Rate 7%
$937,286
Cap Rate 9%
$729,000
Alternative Uses
Best Use
Healthcare Medical
$937.3K
$820.1K – $1.09M
NOI $65,610 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M
NOI $114,426 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
996
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Leased medical primary-care facility occupied by WellMed Medical Group within a physician-led healthcare network.
Where is this medical center located?
The property is located at 8030-8032 Camp Bowie W Blvd Fort Worth, TX.
What is the asking price?
The asking price for this property is $1,131,333.
What are key features of this property?
This property features: Leased medical primary‑care facility occupied by WellMed Medical Group; On‑site address listed as 8030–8032 Camp Bowie W Blvd operating as WellMed/Fort Worth Family Practice; WellMed is a wholly owned subsidiary of UnitedHealth Group (NYSE: UNH)
