Professional Office Condo in Alliance

3848 N Tarrant Pkwy Ste 150, Fort Worth, TX 76244

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For Sale

$325,000

Professional or medical condo in fast-growing North Fort Worth - Alliance.

Lot size:

0.02 Acres

Listing Contact

Michelle Rawls

Real Estate License ID: 0637763

HighLights

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.
Attractive investment opportunity with estimated proforma cap rates between 6.8% - 8.5%.
Association covers significant exterior maintenance, insurance (roof, exterior walls, common areas), water, sewer, landscaping, and waste removal.
Negotiable equipment available via separate Bill of Sale.

Learn more

For Sale

$325,000

Professional or medical condo in fast-growing North Fort Worth - Alliance.

Lot size:

0.02 Acres

Added:: Apr 10, 2025
Days on Market:: 428
Last Refresh:: Jan 20 at 9:39 am

Property Features for 3848 N Tarrant Pkwy Ste 150

General Information

Standard status: Active
Lot size: 0.02 Acres

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Listing Contact

Michelle Rawls

Listing agent Michelle Rawls License #0637763

Listing office keller williams realty

Listing date Apr 10, 2025

Source Exprealty

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All listing content including descriptions, pricing, images are the copyrighted material of keller williams realty

HighLights

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.
Attractive investment opportunity with estimated proforma cap rates between 6.8% - 8.5%.
Association covers significant exterior maintenance, insurance (roof, exterior walls, common areas), water, sewer, landscaping, and waste removal.
Negotiable equipment available via separate Bill of Sale.

Overview

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, ... Alternative Medicine Practice Fresh Dentistry Dental Office Dr. Martha P. ... Physician DFW Endocrinology Medical Clinic DIEM DIANA DANG Physician

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Location Insight

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Local Demand

City: Fort Worth
County: Tarrant
State: Texas
Longitude: -97.3041
Latitude: 32.8949

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For sale
Medical Office Space
TX
Fort Worth
76244
3848 N Tarrant Pkwy Ste 150

What type of property is this?

Medical Office Space - Professional or medical condo in fast-growing North Fort Worth - Alliance.

Where is this medical office space located?

The property is located at 3848 N Tarrant Pkwy Ste 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.