7148 Trail Lake Dr - Medical FOR SALE


Fort Worth, TX 76123- Wedgwood
$2,100,000 USD
817-897-5190
7148 Trail Lake Dr, Fort Worth, TX for Sale
$2,100,000 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

7148 Trail Lake Dr
Fort Worth, TX 76123
Wedgwood


HIGHLIGHTS

  • 29 paved spaces, 11-12 gravel spaces in back
  • Year Built: 2004

OVERVIEW

Building has been used as a medical office for over 12 years. It could be used as a general office building with very little modification. There are 9 exam rooms, 2 administrative office (with check-in window), one large office that can be used for therapy or procedures, 2 waiting rooms, one break room, one storage/utility room, and 5 bathrooms. A remodel was done in 2020 that was approximately $250,000. Front and back doors have magnetic lock access control. New owner can occupy within 45-60 days. The property has an uncommon and very liberal industrial park zoning. There is room to build a second building behind the first with ample parking. Construction can go up to 3 stories and add enough additional parking to maintain the current 8 /1000sf ratio. A sample site plan was done to demonstrate what the property can accommodate, see attached. A sewer line extension was installed under the side parking lot for future construction of a second building. The property was built in 2004 and has only had one owner. It is 1.1 miles to the Chisholm Trail Parkway. There is a private 550 ft water well for property irrigation. Saves thousands in city water costs and not subject to water restrictions. When tested in June 2004 it yielded 40gpm with 0 ft drawdown after 1hr. Building is supplied by city water. Power is three phase. High speed internet installed. Attic is foam insulated with floor space for storage. Commission available to buyer's agent. Use contact links for information or email owner at SLS@209STLOUIS.COM.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,287 SF

ZONING

IP

APN/PARCEL ID

42239905

ASK ABOUT THIS PROPERTY

Steven SimmonsSouthwest Sports & Spine LlpMore Info
817-897-5190

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Steven SimmonsSouthwest Sports & Spine LlpMore Info
817-897-5190

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