3848 N Tarrant Parkway

3848 N Tarrant Parkway
Ntmv Ph 2 Bldg 1
Fort Worth, Texas. 76244
$325,000.00
Summary
Building SqFt: 913 / Public Records
Gross SqFt: 913 / Public Records
$/Gr SqFt: $355.97
Zoning: Commercial - Professional Services; General Business Office or use in connection with the Medical Profession.
# Units:1
Stories:
Year Built: 2018 / Preowned
Unexempt Taxes: $7,874
Leasable SqFt: 913
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***

Property Information
Pool:
No
Handicapped Accessible:
Yes
Home Owner's Association:
No
Parking:
Directions:
From Highway I35-W, east on N Tarrant Parkway to the property. From North Beach Street, west on N Tarrant Parkway to the property.
Possession:
Closing/Funding
Showing:
Appointment Only,Showing Service
Property Detail
Flooring:
Ceramic Tile,Luxury Vinyl Plank
Ceiling Height:
8 to10 Feet
Heating / Cooling:
Central,Electric
TransactionIncludes:
Building Only
Security:
Security System
Construction:
Brick,Stone Veneer
Roof:
Concrete,Spanish Tile
Foundation:
Slab
Garage / Parking:
Common,Parking Lot
Buildings:
0
Utilities:
City Sewer,City Water,Community Mailbox,Electricity Connected,Underground Utilities
Listing Information
MLS #:
20898221
Buyers Agent:
Kimball Real Estate
Listing Agent:
Michelle Rawls
 
(817) 991-2382
Listing Office:
Keller Williams Realty
 
- - - Information herein deemed reliable but not guaranteed - - -
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kimball Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.