3848 North Tarrant Pky - Medical FOR SALE


Fort Worth, TX 76244- North Fort Worth
$375,000 USD
817-715-5222
3848 North Tarrant Pky, Fort Worth, TX for Sale
$375,000 USD
Medical - FOR SALE
1/21
null | Request Cap Rate

3848 North Tarrant Pky
Fort Worth, TX 76244
North Fort Worth


HIGHLIGHTS

  • * Bite size investment
  • * NNN lease structure recommended
  • * Strong demographics
  • * High traffic easy access
  • * Low Maintenance

OVERVIEW

PROFESSIONAL OFFICE OR MEDICAL CONDO in FAST GROWING N FORT WORTH - ALLIANCE AREA! Perfect for owner user or as a BITE-SIZE investment opportunity to purchase and lease out for passive income. Located on N Tarrant Parkway, a major east-west arterial connector in the North Fort Worth - Alliance corridor, this suite is ideally supported by strong demographics and traffic patterns. Plug-n-play suite was last utilized as a pharmacy; or use your imagination to establish your own business here as this community consists of professional service uses - general business office or uses in connection with the medical profession. For investors, asking lease rates are between $28 - $35 NNN in this development. Proforma cap rates estimated between 6.8% - 8.5% depending on future lease terms. The Association has insurance that covers the roof, exterior walls, and common areas. The Association will cover any maintenance issues on the outside of the building, exterior walls, common elements, roof. Owners are required to have their own insurance policy that covers the inside. The association pays for the water, sewer, landscaping, and waste removal. Owners pay for the electricity inside their units. The association covers exterior electricity. ***Equipment shown is negotiable to convey on separate Bill of Sale***

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

42449179

ASK ABOUT THIS PROPERTY

Michelle RawlsGeoDwell Commercial Real EstateMore Info
817-715-5222

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Michelle RawlsGeoDwell Commercial Real EstateMore Info
817-715-5222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.