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    8805 Tarrant Pkwy North Richland Hills, TX 76182

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    Modern Medical Office, NNN Lease, 5,985 SF

    Property size:
    5,985 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,985-square-foot medical office building, constructed in 2020, presents a compelling investment opportunity. Located at 8805 N Tarrant Pkwy, North Richland Hills, TX 76182, in Tarrant County, this single-story building sits on a 38,121-square-foot lot and is currently 100% occupied by two tenants: an orthodontist and counseling associates. The property features a triple-net (NNN) lease structure with a current term of three years and options for two or three-year lease extensions. The building's permitted zoning is commercial, making it ideally suited for its current use and potentially adaptable to other medical-related businesses. Its prime location in the thriving Northeast Tarrant County market, near the intersection of Davis Blvd and North Tarrant Blvd, places it within a vibrant area of retail and medical services. The building's APN is 42641886. This is a turnkey investment opportunity with strong existing tenants and a desirable location. The property consists of one building with two units.

    Property Features for 8805 Tarrant Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    5,985 SF

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 5,985 SF medical office building in North Richland Hills, TX.
    • NNN lease, 3‑year term with 2‑3 year options.
    • 100% occupancy with two units.
    • Built in 2020, single‑story building on a 38,121 SF lot.
    • Located at 8805 N Tarrant Pkwy, North Richland Hills, TX 76182.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.195920270237
    Latitude
    32.904489343768

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office, NNN Lease, 5,985 SF
    Where is this medical office located?
    The property is located at 8805 Tarrant Pkwy North Richland Hills, TX.
    What are key features of this property?
    This property features: 5,985 SF medical office building in North Richland Hills, TX.; NNN lease, 3-year term with 2-3 year options.; 100% occupancy with two units.
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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
    8805 Tarrant Pkwy North Richland Hills, TX 76182
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