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5216 Sycamore School Rd 3,690 SF 100% Leased Retail Building Fort Worth, TX 76123 $1,987,187 ($538.53/SF) 6.40% Cap Rate
Investment Highlights
- Income producing property, 10 year leases with extensions in place.
Executive Summary
**** DO NOT DISTURB OR CONTACT THE TENANT ****
New Construction (2024).
Fully leased retail building.
Rent increases (2% Smoothie and 12% on 6/1/2030 for Eggs)
8+ and 9+ years remaining on lease terms.
Outparcel building at vibrant, retail intersection with Wal-Mart.
New Construction (2024).
Fully leased retail building.
Rent increases (2% Smoothie and 12% on 6/1/2030 for Eggs)
8+ and 9+ years remaining on lease terms.
Outparcel building at vibrant, retail intersection with Wal-Mart.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,690 SF
Building Class
C
Year Built
2022
Price
$1,987,187
Price Per SF
$538.53
Cap Rate
6.40%
NOI
$127,180
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.86 AC
Zoning
F1 - Real Commercial
Frontage
300’ on Sycamore School Raod
Nearby Major Retailers
Property Taxes
| Parcel Number | 42544830 | Improvements Assessment | $1,007,832 |
| Land Assessment | $603,168 | Total Assessment | $1,611,000 |
Property Taxes
Parcel Number
42544830
Land Assessment
$603,168
Improvements Assessment
$1,007,832
Total Assessment
$1,611,000
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5216 Sycamore School Rd
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