Former Bank with
For Sale
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9636 White Settlement Rd, Fort Worth, TX 76108
6,590 SF former bank outparcel to Aldi, drive-thru included.
Property Size6,590 SF
Price / SF$379.36
Days on Market220
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Property Features for 9636 White Settlement Rd
General Information
Standard status
Active
Size
6,590 SF
Class
A
Total Parking Spaces
46
Property subtype
Retail
Investment Type
Value Add
Building Details
Year Built
2004
Buildings
1
Units
1
Listing Agency:
DUWEST
Listed By:
Will Walters · License #TX 596941
(214) 675-3665
Source:
Crexi
Added: Mar 10
Changed: Oct 14
Last Checked: Oct 14 at 9:31PM
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 DUWEST
Investment Insights
Based on property information with market context.
This 6,590 square-foot property is a former bank location. It includes a drive-thru. The property is an outparcel to an Aldi grocer.
Key Highlights
- Drive thru included
- Outparcel to Aldi Grocer
- Former bank
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,491
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,820
$2.3M
Cap Rate 7%
$1,621,300
$1.6M
Cap Rate 9%
$1,261,011
$1.3M
Market Conditions
NOI Build-Up for 6,590 SF
Gross rent
$159.0K $24.12/SF
− Vacancy
−$7.6K −$1.16/SF
EGI
$151.3K $22.96/SF
− OpEx
−$37.8K −$5.74/SF
NOI
$113.5K $17.22/SF
Area
ZIP 76108
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,820
Cap Rate 7%
$1,621,300
Cap Rate 9%
$1,261,011
Alternative Uses
Best Use
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,491 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$1.51M
$1.32M – $1.77M
NOI $105,925 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,783 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 76108, TX
46,170
Population
18,031
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
43.1 sq mi
ZIP Area
1,071
Density / Sq Mi
$78,471
Median Household Income
$44,235
Median Earnings
$1,418
Median Rent
$238,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bank - 6,590 SF former bank outparcel to Aldi, drive-thru included.
Where is this bank located?
The property is located at 9636 White Settlement Rd Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Drive thru included; Outparcel to Aldi Grocer; Former bank
