5117 Watauga Road

Watauga, TX 76137

Listing ID: 187822
$2,410,000
For Sale
  • Lot Size Acres 1.316
  • Building Sq Ft 12,230
  • Building Price per Sq Ft $197.00
  • Land Sq Ft 57,313
  • NOI $156,491
  • CAP Rate % 6.50
5117 Watauga Road - main image
5117 Watauga Road - alt image 2
5117 Watauga Road - alt image 3
Description

Single tenant  (State Lease) building. Eight (8) years left on term. Four (4) five (5) year renewal options. Built for state agency that has been in the property for 11 years. Stabilized income producing property with credit tenant.

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population19,053131,764290,292
Population Median Age323435
Population by Age0-9 Yrs3239 (16%)19179 (14%)43249 (14%)
10-19 Yrs3366 (17%)19642 (14%)44873 (15%)
20-29 Yrs2560 (13%)20790 (15%)40337 (13%)
30-39 Yrs2564 (13%)19805 (15%)43031 (14%)
40-49 Yrs3048 (15%)18117 (13%)40180 (13%)
50-59 Yrs2179 (11%)16189 (12%)36235 (12%)
60-69 Yrs1160 (6%)10294 (7%)24298 (8%)
70+ Yrs937 (4%)7748 (5%)18089 (6%)
Median HH Income$68,052$70,543$72,490
Total Household Income< 24K675 (11%)4833 (10%)10445 (10%)
25-49K1469 (25%)9413 (20%)19550 (20%)
50-74K1026 (17%)10032 (22%)20424 (21%)
75-99K1049 (18%)7746 (17%)14635 (15%)
100-199K1396 (24%)11662 (25%)26621 (27%)
200K+197 (3%)1565 (3%)5519 (5%)
Highest Education LevelNo Diploma1782847621599
Diploma or GED30902150744051
Some College28922302044987
Assoc. Degree613706615663
Bachelors Degree19121714841255
Higher Degree874600915535
Total Housing Units6,01347,869102,489
--Owner-Occupied4,21828,40864,797
--Renter-Occupied1,59416,84332,398
Owner-Occupied Values< 100K1060466211043
100-199K24271633729485
200-299K634586915067
300-399K7311145835
400-499K212202314
500K+22061053
Total Working Age Population13,924100,346218,217
In Work Force9,85173,131156,401
Not In Work Force4,07327,21561,816
Workforce Employed9,26269,238148,527
Workforce Unemployed5893,7697,584
Civlian Workforce9,85073,008156,112
Military Workforce1123289
Total Households5,81245,25197,194
Family Households4,61732,70271,767
Non-Family Households1,19512,54825,428
Married Couple3,20723,58053,303
Other Family1,4109,12218,464
Married w/Child1,52311,02125,899
Single Male w/Child1921,1552,661
Single Female w/Child5864,0928,124

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Tarrant County1,446,219+251,809,034+192,143,755+172,507,170

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Directions
Listing Agent
No Image Available

Byron McCoy

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