3848 N Tarrant Pkwy, Unit 150 Fort Worth, TX 76244
Professional or medical condo in fast-growing North Fort Worth - Alliance.
Lot size:
0.02 AcresProperty Features for 3848 N Tarrant Pkwy
General Information
- Standard status
- Active
- Lot size
- 0.02 Acres
Source:
Exprealty
Listing Agency: keller williams realty Listing Agent: Michelle Rawls
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Professional Office Condo in Alliance
This professional office or medical condo is located in the fast-growing North Fort Worth - Alliance area. Situated on N Tarrant Parkway, a major east-west arterial connector in the North Fort Worth - Alliance corridor, the suite benefits from strong demographics and traffic patterns. The suite, previously utilized as a pharmacy, is suitable for establishing a business within this community of professional service uses, including general business offices or uses connected to the medical profession. For investors, asking lease rates in this development range from $28 to $35 NNN, with proforma cap rates estimated between 6.8% and 8.5%, depending on future lease terms. The association's insurance covers the roof, exterior walls, and common areas, and the association handles maintenance issues on the building's exterior, exterior walls, common elements, and roof. Owners are required to have their own insurance policy covering the interior. The association covers water, sewer, landscaping, and waste removal, while owners pay for electricity inside their units. The association covers exterior electricity. Equipment is negotiable to convey on a separate Bill of Sale.
Location Intelligence
Current Use by Public Records
Dr. Bryan Henss, ...
Chiropractor
Fresh Dentistry
Dentist
Dr. Martha P. ...
Surgeon
DFW Endocrinology
Medical Clinic
DIEM DIANA DANG
Nurse Practitioner
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3040523
- Latitude
- 32.8948566
Nearby Similar for Sale
FAQs
What type of property is this?
Medical office - Professional or medical condo in fast-growing North Fort Worth - Alliance.
Where is this medical office located?
The property is located at 3848 N Tarrant Pkwy, Unit 150 Fort Worth, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: - Prime location in the rapidly growing North Fort Worth - Alliance area with strong demographics and high traffic.; - Versatile space suitable for owner-users (professional office, medical) or investors seeking passive income.; - Plug-n-play ready, previously used as a pharmacy, minimizing initial setup costs.