4409 River Oaks Blvd

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4409 River Oaks Blvd

Fort Worth, TX 76114
Asking Price
$4.92M
Cap Rate
7.3%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Retail | 7.30% CAP | 82,923 SqFt <ul><li>​Value Add Retail Center: Below Market Rents - Average Rental Rate of $5.65 Per Square Foot | Competing Retail is Leasing at $18-$20 in the Immediate Area | Mix of Gross & NNN Leases | Ability to Covert to NNN Over Time | Priced at Only $90 Per Square Foot - Well Below Replacement Cost</li><li>​Growing & Improving Trade Area: The River Oaks / West Fort Worth Submarket Continues to Experience Residential Growth and Redevelopment | Strengthening Long-Term Demand for Local Retail Services |

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NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.38%
Monthly Payment
$24,366.213
Annual Cash Flow
$-212,394.554

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