700 Katy Rd, Fort Worth, TX
8,223 SF office building with high-end finishes and ample parking.
- Added:
- Jul 4, 2024
- Days on Market:
- 727
- Last Refresh:
- May 20 at 8:00 pm
Property Features for 700 Katy Rd
General Information
- Standard status
- Active
- Size
- 8,223 SF
- Lot size
- 1.05 Acres
- Property subtype
- OFFICE
Properties For Sale
at 700 Katy Rd Contact us
Listing office Silver Oak Commercial Realty (817) 849-8282
Listing date Jul 4, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Silver Oak Commercial Realty
HighLights
- High‑end finishes and build quality in 8,223 SF office space.
- Ample parking with 45 spaces, including 18 covered spaces.
- Excellent access to Hwy 377, 170, 114 and I‑35.
- Perfect corporate office setting with multiple offices and a large conference room.
- Conveniently located 20 minutes from DFW Airport.
- Situated on a beautifully landscaped 1.09 AC property.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $246.7k | $30.00 |
| − Vacancy | −$55.5k | −$6.75 |
| EGI | $191.2k | $23.25 |
| − OpEx | −$47.8k | −$5.81 |
| NOI | $143.4k | $17.44 |
Alternative Uses
Current Use by Public Records
Map
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.6331
- Latitude
- 32.5542
