Fort Worth, TX 76244 3848 N Tarrant Parkway # 150
$375,000



15 more
















Presented By: Michelle Rawls with Keller Williams Realty; 817-715-5222
Home Details
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***
Presented By: Michelle Rawls with Keller Williams Realty; 817-715-5222
Interior Features for 3848 N Tarrant Parkway # 150
Other Interior Features
SQFT Gross913
Lock Box TypeNone
FlooringCeramic Tile, Luxury Vinyl Plank
Total Stories1
Total Units1
General for 3848 N Tarrant Parkway # 150
Building UseMedical, Office
Business TypeProfessional Office
Ceiling Height8 to10 Feet
CityFort Worth
Construction MaterialsBrick, Stone Veneer
CoolingCentral Air, Electric
CountyTarrant
DirectionsFrom Highway I35-W, east on N Tarrant Parkway to the property. From North Beach Street, west on N Tarrant Parkway to the property.
Gross Annual Expenses0.00
HeatingCentral, Electric
Listing TermsCash, Conventional
Occupant TypeVacant
Owner PaysAssociation Fees, Electricity, Insurance, Pest Control, Security
PossessionClosing/Funding
Property SubtypeOffice
Property TypeCommercial Sale
RoofConcrete, Spanish Tile
Security FeaturesSecurity System
Standard StatusActive
StatusActive
Subdivision NameNtmv Ph 2 Bldg 1
Tenant PaysNone
Unexempt Taxes7874
Unit Number150
UtilitiesCity Sewer, City Water, Community Mailbox, Electricity Connected, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2018
Year Built DetailsPreowned
Zoning DescriptionCommercial - Professional Services; General Business Office or use in connection with the Medical Profession.
Exterior for 3848 N Tarrant Parkway # 150
Building Area Total913.00
Foundation Slab
Lot SizeCondo/Townhome Lot
Lot Size Acres0.0210
Lot Size Area0.0210
Lot Size SourcePublic Records
Lot Size Square Feet914.7600
Lot Size UnitsAcres
Parking FeaturesCommon, Parking Lot
Road Frontage TypeCity Street
Additional Details
Price History

Kaemarie Nasamran
Your Austin Metro Area REALTOR® 512-905-5643