Former Internet Company Office
For Sale
Contact for pricing
820 SW Wilshire Blvd, Burleson, TX 76028
Recently updated office building with a break room kitchen, multiple conference rooms, and office and cubicle spaces.
Property Size17,800 SF
Price / SF$278.09
Days on Market195
Property Features for 820 SW Wilshire Blvd
General Information
Standard status
Active
Size
17,800 SF
Class
B
Property subtype
Office
Zoning
GR
Occupancy
100%
Lease Type
NNN
Investment Type
Core
Net Operating Income
$373,800
Additional Details
Traffic Count
40,000 vehicles/day
Amenities
break room kitchen
1 training room
3 conference rooms
8 offices
4 large room cubicle areas
Building Details
Year Built
1960
Year Renovated
2025
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Orr & Associates
Listed By:
Michael Langford · License #TX 0574473
(817) 681-7764
Source:
Crexi
Added: Apr 11
Changed: Oct 14
Last Checked: Oct 20 at 5:20PM
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 Orr & Associates
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Investment Insights
Based on property information with market context.
This recently updated office building offers a break room kitchen, one training room, three conference rooms, eight offices, and four large room cubicle areas. The layout is designed to support both individual workstations and shared meeting needs.
The property is located along a main thoroughfare in the area, SW Wilshire Boulevard, with approximately 40,000+ vehicles per day.
The interior configuration provides a mix of enclosed offices, conference and training space, and larger open cubicle areas, supporting a range of office use formats.
The property is located along a main thoroughfare in the area, SW Wilshire Boulevard, with approximately 40,000+ vehicles per day.
The interior configuration provides a mix of enclosed offices, conference and training space, and larger open cubicle areas, supporting a range of office use formats.
Key Highlights
- Located on SW Wilshire Boulevard in Burleson, TX, with approximately 40,000+ vehicles per day
- Recently updated office building
- Includes a break room kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$297,741
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,954,820
$6.0M
Cap Rate 7%
$4,253,443
$4.3M
Cap Rate 9%
$3,308,233
$3.3M
Market Conditions
NOI Build-Up for 17,800 SF
Gross rent
$546.8K $30.72/SF
− Vacancy
−$149.8K −$8.42/SF
EGI
$397.0K $22.30/SF
− OpEx
−$99.2K −$5.58/SF
NOI
$297.7K $16.73/SF
Area
Johnson County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,954,820
Cap Rate 7%
$4,253,443
Cap Rate 9%
$3,308,233
Alternative Uses
Best Use
Office B
$4.25M
$3.72M – $4.96M
NOI $297,741 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$213.36M
$186.69M – $248.92M
NOI $14,935,366 @ 7.0% cap · market cap 301.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
40,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 76028, TX
74,023
Population
27,928
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
77.5 sq mi
ZIP Area
955
Density / Sq Mi
$100,125
Median Household Income
$53,464
Median Earnings
$1,691
Median Rent
$294,500
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Recently updated office building with a break room kitchen, multiple conference rooms, and office and cubicle spaces.
Where is this office building located?
The property is located at 820 SW Wilshire Blvd Burleson, TX.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Located on SW Wilshire Boulevard in Burleson, TX, with approximately 40,000+ vehicles per day; Recently updated office building; Includes a break room kitchen
