Zoned GR Office
For Sale
Contact for pricing
820 SW Wilshire Boulevard, Burleson, TX 76028
Zoned GR office building with 100% occupancy and a 7+ year remaining lease term.
Property Size17,800 SF
Price / SF$292.13
Days on Market27
Property Features for 820 SW Wilshire Boulevard
General Information
Standard status
Active
Size
17,800 SF
Property subtype
OFFICE
Zoning
GR
Occupancy
100%
Building Details
Buildings
1
Building Size
17,800 SF
Tenancy
Single
Listing Agency:
RE/MAX - Orr & Associates Real Estate
(817) 681-7764
Listed By:
Michael Langford · License #0574473
(817) 681-7764
Source:
Moodyscre
Added: Jul 7
Changed: Jul 29
Last Checked: Aug 1 at 9:22AM
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 RE/MAX - Orr & Associates Real Estate
Investment Insights
Based on property information with market context.
An office building totaling 17,800 SF with 100% occupancy. The current structure is supported by a remaining term of 7+ years left of the original lease, with lease payment increases of 5% every 2 years. The lease also includes 2- 5 year options for continued occupancy.
The property is zoned GR and is identified as having land for expanded development. It is located in the Burleson area, at 820 SW Wilshire Boulevard, Burleson, TX 76028.
For buyers and tenants evaluating a stabilized office asset, the combination of full occupancy, a remaining lease runway, and on-site land for potential expansion may be important considerations as part of their site and leasing plans.
The property is zoned GR and is identified as having land for expanded development. It is located in the Burleson area, at 820 SW Wilshire Boulevard, Burleson, TX 76028.
For buyers and tenants evaluating a stabilized office asset, the combination of full occupancy, a remaining lease runway, and on-site land for potential expansion may be important considerations as part of their site and leasing plans.
Key Highlights
- 17,800 SF office building with 100% occupancy
- 7+ years left of the original lease
- 5% increases every 2 years
Financial Insights For Office B
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 | $546.8k | $30.72 |
| − Vacancy | −$149.8k | −$8.42 |
| EGI | $397.0k | $22.30 |
| − OpEx | −$99.2k | −$5.58 |
| NOI | $297.7k | $16.73 |
17,800 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.25M
$3.72M – $4.96M
NOI $297,741 @ 7.0% cap · market cap 5.73%
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 287.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Zoned GR office building with 100% occupancy and a 7+ year remaining lease term.
Where is this office building located?
The property is located at 820 SW Wilshire Boulevard Burleson, TX.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 17,800 SF office building with 100% occupancy; 7+ years left of the original lease; 5% increases every 2 years
