Fort Worth Retail Investment
901 N SYLVANIA AVE Fort Worth, TX 76111
901 N SYLVANIA AVE, Fort Worth, TX, 76111
Contact for pricing
For Sale
Contact for pricing
Well-maintained retail asset with national tenants and dependable cash flow.
Property Size3,540 SF
Price / SF$268.08
Days on Market68
Property Features for 901 N SYLVANIA AVE
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2004
Listing Agency
KHALiL REAL ESTATE
(817) 881-2662
Listed by
Karam Khalil · License #9016033
Source
Crexi
Added: May 11 Checked: Jul 17 at 5:19 am
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 KHALiL REAL ESTATE
Investment Insights
Based on property information with market context.
This Fort Worth property presents an investment opportunity featuring a well-maintained retail asset with national-brand tenancy and dependable cash flow. The property is leased to MetroPCS, occupying approximately 840 square feet, with a franchise operator that operates over 400 stores nationwide. Ascend Staffing occupies approximately 2,700 square feet; this company has more than 50 offices across the country. The building has an attractive elevation, arches throughout, strong curb appeal, and excellent overall condition due to consistent maintenance and upkeep. This is an opportunity for an investor looking to park capital in an asset with strong tenancy, dependable income, and long-term ownership appeal. The property is strategically located in Fort Worth near Highway 35W, Highway 121, and Highway 183, providing strong accessibility and desirable positioning. The property is being offered on a pro forma basis, presenting investors with stable in-place tenancy today along with future income growth potential and long-term upside. The property is suitable for retail and service-oriented users.
Key Highlights
- Strong national‑brand tenancy (MetroPCS and Ascend Staffing) providing dependable cash flow
- NNN lease structure offers a low‑management ownership profile
- Attractive building elevation, strong curb appeal, and excellent overall condition due to consistent maintenance
Local 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 | $106.2k | $30.00 |
| − Vacancy | −$23.9k | −$6.75 |
| EGI | $82.3k | $23.25 |
| − OpEx | −$20.6k | −$5.81 |
| NOI | $61.7k | $17.44 |
3,540 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$881.8K
$771.6K – $1.03M
NOI $61,729 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$812.9K
$711.3K – $948.3K
NOI $56,900 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,015 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A Taste of Heaven
Restaurant
PDQ Staffing
Employment Agency
Metro by T-Mobile
Mobile Phone Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Well-maintained retail asset with national tenants and dependable cash flow.
Where is this retail space located?
The property is located at 901 N SYLVANIA AVE Fort Worth, TX.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Strong national‑brand tenancy (MetroPCS and Ascend Staffing) providing dependable cash flow; NNN lease structure offers a low‑management ownership profile; Attractive building elevation, strong curb appeal, and excellent overall condition due to consistent maintenance
