6825 Manhattan Blvd - Medical FOR SALE


Fort Worth, TX 76120- Outer East Fort Worth
$2,950,000 USD
214-934-6265
6825 Manhattan Blvd, Fort Worth, TX for Sale
$2,950,000 USD
Medical - FOR SALE
1/19
null | 7.5% Cap Rate

6825 Manhattan Blvd
Fort Worth, TX 76120
Outer East Fort Worth


HIGHLIGHTS

  • Single Story, Walk up Medical and Office
  • Flexible Zoning with Ft. Worth Address
  • Stabilized Property with consistent Cashflow, Value Add opportunity to continue pushing rates to market and convert remaining leases to NNNs

OVERVIEW

6825 Manhattan Blvd is a 19,924-square-foot, single-story, multi-tenant medical office building in Fort Worth, Texas. The property is anchored by Cook Children’s Medical, a premier healthcare provider that brings long-term stability and enhances the building’s tenant mix. As a regional destination for pediatric care, Cook Children’s generates strong foot traffic and visibility, creating synergy for surrounding businesses and medical users. The property is stabilized at 94% occupancy and provides excellent cashflow while the next owner has the opportunity to continue pushing rents to market rate, converting leases to NNN, and/or retain the current tenant or take the ability to occupy a foot print in the East Wing. The building has been renovated in 2025 with new HVACs, Building System Updates, ADA compliant bathrooms, Monument Sign, and a new Roof in 2022 with some additional TPO improvements in 2025 included with the new HVACs. Positioned on Manhattan Boulevard, —across from Manhattan Plaza— the asset offers excellent accessibility and exposure. Zoned E in Fort Worth, the property supports office, medical, and retail uses. The City of Fort Worth has approved plans for the residential subdivision surrounding the property to turn Manhattan Blvd into a thoroughfare connecting the street with Randol Mill Rd. and John T. White Rd. As the residential development reaches its next phase, the anticipated completion is set for 2026 and bring both increased surrounding roof tops and additional accessibility to Manhattan Blvd. With immediate access to E Loop 820 and I-30, the location serves a robust five-mile population of approximately 403,800 residents.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gramercy Place 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

F1 Commercial

APN/PARCEL ID

04851706

ASK ABOUT THIS PROPERTY

Grant MorrisonAFT PropertiesMore Info
214-934-6265

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Grant MorrisonAFT PropertiesMore Info
214-934-6265

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