Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2018
Sq.Footage
N/A
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***
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone, Brick, Stone Veneer
-
Parking
Common, Parking Lot
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.021
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$325,000
-
Tax Amount
7874.0
-
Zoning
Commercial - Professional Services; General Business Office or use in connection with the Medical Profession.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
150
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Middle School
High School
Listing Courtesy of Michelle Rawls , Keller Williams Realty
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