3848 N Tarrant Parkway 150, Fort Worth, TX 76244
sale
$325,000
|
Office
Courtesy Of Keller Williams Southlake- Dallas DFW (DRO Management II, LLC), Listed By Michelle Rawls
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***
Read More About This Property
Read Less About This Property
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: 6-10 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Stone Veneer
- Exterior Type: Brick
- Exterior Type: Stone
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Tile - Ceramic
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: NTMV BLOCK 1 LOT 150 3.56% OF COMMON AREA PLAT D21
- MLSID: 20898221
- Roof Type: Spanish Tile
- Roof Type: Tile
- Roof Type: Concrete
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.