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    1101 Pennsylvania Ave Fort Worth, TX 76104

    Sponsored
    For Lease
    $36 SF/Yr

    Modern Medical Office Space in Fort Worth

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 20,000 square foot medical office building, situated at 1101 Pennsylvania Ave, Fort Worth, TX 76104, is ideally located in the heart of the city's medical district. Currently under construction with a projected completion date in Q4 2024, this two-story building offers a prime opportunity for medical professionals. The building features a striking stone and brick facade with abundant natural light from north and south-facing windows. With a 12-foot ceiling height, the space is highly adaptable to various medical uses, including but not limited to plastic surgery, neurology, imaging centers, surgery centers, and physical therapy. The building is divisible into smaller suites, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 8,955 square feet. One space of 4,100 square feet is currently available. Amenities include 50 parking spaces, one elevator, and three-phase power. The building will be delivered in a cold dark shell condition, allowing for complete customization of interior finishes. Its convenient location offers easy access to Texas Health Resources (THR), Medical City, and Cook Children's Medical Center. The building's lobby will feature high-end finishes to create a welcoming atmosphere for patients and clients. The cross streets are Pennsylvania and S. Adams St.

    Property Features for 1101 Pennsylvania Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    60000

    Building Details

    Year Built
    2024
    Stories
    2

    Unit(s) available at that property

    Space
    2nd Floor Available Space
    Size
    4,250 SF
    Rate per SF
    $36

    HighLights

    • 17,910 SF medical office building, with 4,100 SF available on the second floor.
    • New construction, Q4 2024 delivery.
    • Located in Fort Worth's Near Southside medical district, near Texas Health Resources, Medical City, and Cook Children's.
    • 59 parking spaces plus street parking.
    • 14' ceiling height.
    • Easy access to I‑30 and I‑35, with prominent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Worth
    County
    Tarrant
    State
    Texas
    Longitude
    -97.3365252
    Latitude
    32.7383202

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Space in Fort Worth
    Where is this medical office located?
    The property is located at 1101 Pennsylvania Ave Fort Worth, TX.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 17,910 SF medical office building, with 4,100 SF available on the second floor.; New construction, Q4 2024 delivery.; Located in Fort Worth's Near Southside medical district, near Texas Health Resources, Medical City, and Cook Children's.
    Request Owner's contact information
    1101 Pennsylvania Ave Fort Worth, TX 76104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Pennsylvania Ave Fort Worth, TX 76104
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