Occupied Office
9284 Huntington Sq, North Richland Hills, TX 76182
For Sale
Contact for pricing
A five-year gross lease assigns roof and structural obligations to the landlord.
Property Size7,904 SF
Lot Size0.77 Acres
Price / SF$216.98
Days on Market8
Property Features for 9284 Huntington Sq
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Road Access
Tenant in Place
Property Use
Building Details
Year Built
Tenancy
Listing Agency:
Summit RE
Listed By:
Jason Vitorino · License #TX 512565
(469) 844-8884
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 4:18PM
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 Summit RE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2000, this 7,904-square-foot office property occupies a 0.77-acre site and is fully leased. The tenant renewed ahead of expiration for a five-year term under a gross lease, with the landlord responsible for the roof and structure. The property has a 7.75% cap rate.
Located just off Precinct Line Road in North Richland Hills, the office offers access to Fort Worth, Dallas, and DFW Airport.
Located just off Precinct Line Road in North Richland Hills, the office offers access to Fort Worth, Dallas, and DFW Airport.
Key Highlights
- 7,904‑square‑foot office building on 0.77 acres
- Fully occupied; tenant renewed early for a 5‑year gross lease
- 7.75% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,581
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,620
$2.7M
Cap Rate 7%
$1,951,157
$2.0M
Cap Rate 9%
$1,517,567
$1.5M
Market Conditions
NOI Build-Up for 7,904 SF
Gross rent
$242.8K $30.72/SF
− Vacancy
−$60.7K −$7.68/SF
EGI
$182.1K $23.04/SF
− OpEx
−$45.5K −$5.76/SF
NOI
$136.6K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,620
Cap Rate 7%
$1,951,157
Cap Rate 9%
$1,517,567
Alternative Uses
Best Use
Office B
$1.95M
$1.71M – $2.28M
NOI $136,581 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,628 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 76182, TX
31,117
Population
11,845
Households
2.6
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
3,577
Density / Sq Mi
$119,722
Median Household Income
$60,589
Median Earnings
$1,821
Median Rent
$364,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Office buildings in Tarrant County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A five-year gross lease assigns roof and structural obligations to the landlord.
Where is this office building located?
The property is located at 9284 Huntington Sq North Richland Hills, TX.
What is the asking price?
The asking price for this property is $1,715,000.
What are key features of this property?
This property features: 7,904‑square‑foot office building on 0.77 acres; Fully occupied; tenant renewed early for a 5‑year gross lease; 7.75% cap rate
