Retail Storefront
923 N Ave G Clifton, TX 76634
923 N Ave G, Clifton, TX, 76634
Contact for pricing
For Sale
Contact for pricing
For sale retail storefront property with a stated 5.75% cap rate and 10+ years remaining.
Property Size7,225 SF
Price / SF$285.81
Days on Market43
Property Features for 923 N Ave G
General Information
- Standard status
- Active
- Size
- 7,225 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing agency
Marcus & Millichap - Denver
Listed by
Drew Isaac · License #CO FA.100023779
Source
Crexi
Added: Jun 10 Updated: Jul 21 at 8:15PM Checked: Jul 21 at 8:15PM
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 Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
This retail storefront property is being offered for sale at 923 N Ave G in Clifton, Texas. Public remarks indicate a 5.75% cap rate and 10+ years remaining.
The property is listed as a commercial retail asset with an overall size of 7,225 square feet. Additional specifics on configuration or tenant layout were not provided in the available information.
The property is listed as a commercial retail asset with an overall size of 7,225 square feet. Additional specifics on configuration or tenant layout were not provided in the available information.
Key Highlights
- Retail storefront property built in 2021
- Listing notes a 5.75% cap rate
- Listing notes 10+ years remaining
Local Financial Insights For Retail
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 | $134.4k | $18.60 |
| − Vacancy | −$14.1k | −$1.95 |
| EGI | $120.3k | $16.65 |
| − OpEx | −$36.1k | −$4.99 |
| NOI | $84.2k | $11.65 |
7,225 SF · lease $18.60/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $84,192 @ 7.0% cap · market cap 4.08%
Second Best
Industrial
$912.3K
$798.3K – $1.06M
NOI $63,861 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$1.91M
$1.67M – $2.22M
NOI $133,431 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
O'Reilly Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Pippy’s Petals — 406 N Avenue G, Clifton, TX 76634
- Blossom Shop — 307 W 3rd St, Clifton, TX 76634
FAQs
What type of property is this?
Storefront property - For sale retail storefront property with a stated 5.75% cap rate and 10+ years remaining.
Where is this storefront property located?
The property is located at 923 N Ave G Clifton, TX.
What is the asking price?
The asking price for this property is $2,065,000.
What are key features of this property?
This property features: Retail storefront property built in 2021; Listing notes a 5.75% cap rate; Listing notes 10+ years remaining
