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$325,000

Est. payment - /mo

914 Sqft Lot

Active

3848 N Tarrant Parkway #150 Fort Worth, TX 76244

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Ntmv Ph 2 Bldg 1

MLS Listing ID 20898221

Total Fin. Sqft 913

Year Built 2018

Annual Tax Amount $7,874

Lot Size 914 Sqft

Acres 0.021

Property Sub-Type Office

Property Description

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***

Location

State TX

County Tarrant

Zoning Commercial - Professional Services; General Business Office or use in connection with the Medical Profession.

Direction From Highway I35-W, east on N Tarrant Parkway to the property. From North Beach Street, west on N Tarrant Parkway to the property.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Luxury Vinyl Plank

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Community Mailbox, Electricity Connected, Underground Utilities

Roof Type Concrete,Spanish Tile

Garage No

Building

Foundation Slab

Structure Type Brick,Stone Veneer

Others

Ownership Of record

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20898221

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Michelle Rawls • Keller Williams Realty