8329 8351 camp bowie west fort worth, texas 76116 for sale · 2020-04-16 · features location:...

FEATURES Location: Just east of intersection of Camp Bowie West and Las Vegas Trail on the south side of the street

Building Size: 11,726 SF (+/-) (Per TAD)

Land Size: 39,312 SF (+/-) (Per TAD)

Building Description: 11 rental units - masonry and plate glass front - built in

1959 (Per TAD) - separately metered - roof is approximately 6-7 years old (Per owner)

Zoning: CB-WB (Western Business - allows retail and office (bars

and clubs not allowed)

Taxes, 2019: $13,200 approximate - TAD value of $472,103

Occupancy: 62% (approximate)

Sales Price: $495,000 ($42.21 PSF on building area) ($12.59 PSF on land area)

Cap Rate: 5.6% (approximate)

Parking: 35 spaces (approximately)

Additional Info: 1.) Minerals will not be conveyed

2.) Most leases are month-to-month or short term

8329-8351 Camp Bowie West Fort Worth, Texas 76116

FOR

SALE Commercial

Strip Shopping

Center

Gary Vasseur [email protected]

Nathan Vasseur

[email protected]

www.vasseurcre.com

2931 Oak Park Circle Fort Worth, Texas 76109

(p) 817.335.7575 (f) 817.870.1911

All information furnished is from sources deemed

reliable and is submitted subject to errors, omissions, change of price or other conditions, prior

sale, lease or withdrawal.

CURRENT INCOME EXPENSES

2931 Oak Park Circle Fort Worth, Texas 76109 (p) 817.335.7575

(f) 817.870.1911

Gary Vasseur [email protected] Nathan Vasseur [email protected] www.vasseurcre.com

All information furnished is from sources deemed reliable and is submitted subject to errors, omissions, change of price or other conditions, prior sale, lease or withdrawal.

* Current Gross Income $51,600 ($7.12 PSF)

Expenses (approximate): Taxes $13,200 Insurance $ 3,500 Maintenance (projected) $ 5,000 Management (4% projected) $ 2,064 Total Expenses (approximate) $23,764 Net Operating Income $27,836 * 1.) Subject to Game Room obtaining Certificate of Occupancy. Disclaimer: The above income pro forma has been provided solely for the reader's

reference. A prospective buyer should rely on their own investigation and/or projections.

RENT ROLL


(f) 817.870.1911



Address Size Tenant Monthly Rent

8329 1,200 SF (+/-) Vacant/Retail $0

8331-A 600 SF (+/-) Storage $200

8331-B 800 SF (+/-) Storage $0 - handles lawn maintenance and HVAC repair

8333 800 SF (+/-) Storage $300

8335 800 SF (+/-) Office/Dental Lab $500

8337 800 SF (+/-) Vacant/Office $0

8339 800 SF (+/-) Vacant $0

8341 800 SF (+/-) Tattoo Studio $500

8343 (#100 & #200)

1,700 SF (+/-) Vacant/Office $0

8347 1,700 SF (+/-) Church $800

8351 1,700 SF (+/-) Game Room

(change of use application pending. Not currently paying rent.)

$2,000

Total 11,700 SF (+/-) $4,300 per month

These are approximate sizes.

Remaining Term

Month-to-Month

Month-to-Month

Month-to-Month

July, 2020

March 1, 2021

Month-to-Month

1 year from date of approved Certificate of Occupancy

PROPERTY PHOTOS


(f) 817.870.1911



TAX MAP


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SURVEY


(f) 817.870.1911



AERIAL


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LOCATION MAPS


(f) 817.870.1911



Property Information and Condition Statement


(f) 817.870.1911



8329 8351 camp bowie west fort worth, texas 76116 for sale · 2020-04-16 · features location:...

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