Tuscan-Style Retail
For Sale
Contact for pricing
9336 Team Ranch Road, Fort Worth, TX 76126
Four freestanding salon-suite properties with established occupancy and ongoing business operations across North Texas.
Property Size45,305 SF
Price / SF$441.89
Days on Market19
Property Features for 9336 Team Ranch Road
General Information
Standard status
Active
Size
45,305 SF
Property subtype
Retail
Occupancy
97%
Investment Type
Stabilized
Net Operating Income
$1,564,306
Financials
Cap Rate
7.81%
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2013
Buildings
4
Tenancy
Multi
Construction
Tuscan-style villa
Listing Agency:
Summit Real Estate
(469) 844-8884
Listed By:
Jason Vitorino · License #TX 512565
Source:
Crexi
Added: Aug 14
Changed: Aug 30
Last Checked: Sep 1 at 12:18AM
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 Real Estate
Investment Insights
Based on property information with market context.
This retail portfolio comprises four freestanding salon-suite properties totaling 45,305 square feet. Built in 2013, the assets feature Tuscan-style villa architecture and include the existing salon-suite business operations. Portfolio occupancy is reported at 97%+, with several properties retaining most of their original tenants since opening, supporting continuity across the platform.
The properties are distributed among Keller, Lewisville, McKinney, and Fort Worth within the Dallas-Fort Worth Metroplex. Access and exposure are tied to Davis Blvd, State Highway 121, Virginia Pkwy, and Interstate 820. The portfolio is offered with a reported blended cap rate of 7.81%.
The properties are distributed among Keller, Lewisville, McKinney, and Fort Worth within the Dallas-Fort Worth Metroplex. Access and exposure are tied to Davis Blvd, State Highway 121, Virginia Pkwy, and Interstate 820. The portfolio is offered with a reported blended cap rate of 7.81%.
Key Highlights
- Four‑property retail portfolio totaling 45,305 SF
- 97%+ occupied across the salon‑suite portfolio
- Freestanding Tuscan‑style villa architecture
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$728,213
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,564,260
$14.6M
Cap Rate 7%
$10,403,043
$10.4M
Cap Rate 9%
$8,091,256
$8.1M
Market Conditions
NOI Build-Up for 45,305 SF
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.
Gross rent
$1.09M $24.12/SF
− Vacancy
−$52.5K −$1.16/SF
EGI
$1.04M $22.96/SF
− OpEx
−$312.1K −$6.89/SF
NOI
$728.2K $16.07/SF
Area
Fort Worth, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,564,260
Cap Rate 7%
$10,403,043
Cap Rate 9%
$8,091,256
Alternative Uses
Best Use
Retail
$10.40M
$9.10M – $12.14M
NOI $728,213 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.46M
$14.40M – $19.20M
NOI $1,152,016 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 76126, TX
25,444
Population
10,598
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
94%
High-School Grad
68.7 sq mi
ZIP Area
370
Density / Sq Mi
$107,668
Median Household Income
$58,393
Median Earnings
$1,677
Median Rent
$357,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Four freestanding salon-suite properties with established occupancy and ongoing business operations across North Texas.
Where is this retail space located?
The property is located at 9336 Team Ranch Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $20,020,000.
What are key features of this property?
This property features: Four‑property retail portfolio totaling 45,305 SF; 97%+ occupied across the salon‑suite portfolio; Freestanding Tuscan‑style villa architecture
