8201 North Beach Street

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8201 North Beach Street

Fort Worth, TX 76244
Asking Price
$3.55M
Cap Rate
6%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

100% OCCUPIED : SIGNIFICANT MARK-TO-MARKET RENT OPPORTUNITY : SIGNALIZED HARD-CORNER LOCATION <p><strong>SIGNIFICANT MARK-TO-MARKET RENT OPPORTUNITY</strong></p><p>Average in-place rents of approximately $30.40/SF compare favorably to recent retail lease comparables in the trade area ranging from approximately $40/SF to $50/SF, providing a clear path to future NOI growth through lease renewals and rollover.</p><p></p><p><strong>100% OCCUPIED DAILY-NEEDS RETAIL CENTER | ANCHORED BY ETHNIC GROCER</strong></p><p>Fully leased to a diverse mix of service-oriented and necessity-based tenants t

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NOI
$80,000
Cap Rate
2.25%
DSCR
0.38
Underwater
Cash-on-Cash
-12.28%
Monthly Payment
$17,558.516
Annual Cash Flow
$-130,702.187

Location & Travel Times