East Endcap Medical Office
For Sale
Contact for pricing
8468 N Riverside Dr, Fort Worth, TX 76244
Shell-condition medical/professional unit in an endcap with on-site parking including ADA spaces.
Property Size1,951 SF
Price / SF$399.79
Days on Market77
Property Features for 8468 N Riverside Dr
General Information
Standard status
Active
Size
1,951 SF
Total Parking Spaces
59
Property subtype
OFFICE
Building Details
Tenancy
Multi
Listing Agency:
Practice Real Estate Group
(512) 956-5076
Listed By:
Jason Guay
Source:
Moodyscre
Added: May 15
Changed: Jul 25
Last Checked: Jul 25 at 12:56PM
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 Practice Real Estate Group
Investment Insights
Based on property information with market context.
Located at 8468 N Riverside Dr in Fort Worth, this offering is Building 1’s east endcap unit. The space is delivered in shell condition and is available now.
The property provides 59 total on-site parking spaces, including 38 medical spaces and 5 ADA spaces. Existing tenants include a general dentist, an autism behavior center, and a psychiatrist, supporting a medical and professional healthcare office environment.
The unit is restricted to medical or professional use only, making it a fit for practices and clinics seeking ownership of an endcap office suite within a healthcare-focused property.
The property provides 59 total on-site parking spaces, including 38 medical spaces and 5 ADA spaces. Existing tenants include a general dentist, an autism behavior center, and a psychiatrist, supporting a medical and professional healthcare office environment.
The unit is restricted to medical or professional use only, making it a fit for practices and clinics seeking ownership of an endcap office suite within a healthcare-focused property.
Key Highlights
- Shell‑condition medical/professional unit in a building 1 east endcap, available now
- Medical or professional use only
- On‑site parking total: 59 spaces, including 38 medical and 5 ADA
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 | $58.5k | $30.00 |
| − Vacancy | −$13.2k | −$6.75 |
| EGI | $45.4k | $23.25 |
| − OpEx | −$11.3k | −$5.81 |
| NOI | $34.0k | $17.44 |
1,951 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$486.0K
$425.3K – $567.0K
NOI $34,021 @ 7.0% cap · market cap 4.36%
Second Best
Healthcare Medical
$406.4K
$355.6K – $474.1K
NOI $28,446 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$708.7K
$620.1K – $826.8K
NOI $49,610 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76244, TX
77,154
Population
26,098
Households
3
Avg Household Size
33
Median Age
45%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
5,178
Density / Sq Mi
$119,542
Median Household Income
$62,021
Median Earnings
$1,954
Median Rent
$363,200
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Shell-condition medical/professional unit in an endcap with on-site parking including ADA spaces.
Where is this medical office space located?
The property is located at 8468 N Riverside Dr Fort Worth, TX.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Shell‑condition medical/professional unit in a building 1 east endcap, available now; Medical or professional use only; On‑site parking total: 59 spaces, including 38 medical and 5 ADA
