Multi-Tenant Retail Building For
For Sale
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6436 Meadowbrook Dr, Fort Worth, TX 76112
Multi-tenant retail building in Fort Worth, near Loop 820.
Property Size2,200 SF
Price / SF$204.55
Days on Market1755
Property Features for 6436 Meadowbrook Dr
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Zoning
F1
Lease Type
Gross
Investment Type
Value Add
Building Details
Year Built
1965
Year Renovated
2019
Buildings
2
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Texas Invest Co
Listed By:
Aaron Wimberly · License #TX 614860
Source:
Crexi
Added: Nov 11, 2021
Changed: Aug 22
Last Checked: Aug 30 at 9:25PM
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 Texas Invest Co
Investment Insights
Based on property information with market context.
This multi-tenant retail/professional building in Fort Worth offers 2,200 square feet of leasable space, divided into 3 suites. One of the tenants, The Barber Shop, is selling the property due to the owner's retirement. The other two suites are occupied on a month-to-month basis, with one tenant having been there for over 10 years. The property is located on the corner of Meadowbrook Drive and Forest Avenue, approximately 800 feet from Loop 820.
Key Highlights
- Hard corner location at Meadowbrook Drive and Forest Avenue.
- Proximity to Loop 820 (800 feet).
- Multi‑tenant retail/professional building.
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
$35,362
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
7.86%
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%
$707,240
$707.2K
Cap Rate 7%
$505,171
$505.2K
Cap Rate 9%
$392,911
$392.9K
Market Conditions
NOI Build-Up for 2,200 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
$53.1K $24.12/SF
− Vacancy
−$2.5K −$1.16/SF
EGI
$50.5K $22.96/SF
− OpEx
−$15.2K −$6.89/SF
NOI
$35.4K $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%
$707,240
Cap Rate 7%
$505,171
Cap Rate 9%
$392,911
Alternative Uses
Best Use
Retail
$505.2K
$442.0K – $589.4K
NOI $35,362 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$799.2K
$699.3K – $932.4K
NOI $55,942 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 76112, TX
43,132
Population
19,077
Households
2.3
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
11.3 sq mi
ZIP Area
3,817
Density / Sq Mi
$56,179
Median Household Income
$35,543
Median Earnings
$1,215
Median Rent
$207,100
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 - Multi-tenant retail building in Fort Worth, near Loop 820.
Where is this retail space located?
The property is located at 6436 Meadowbrook Dr Fort Worth, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Hard corner location at Meadowbrook Drive and Forest Avenue.; Proximity to Loop 820 (800 feet).; Multi‑tenant retail/professional building.
