4545 Heritage Trace Pkwy Fort Worth, TX 76244
- Office Properties & Spaces
- 4,003 SF
Current Use by Public Records
- Quanah Franklin / Doctor / Practitioner Service Location
- Karolyn Ryan / General Practitioner / Physician Assistant
- R3 Wound Care & Hyperbarics / Medical Center
Property Details for 4545 Heritage Trace Pkwy
- Year built
- 2015
- Property size
- 4,003 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a single-tenant, Class A medical office building located at 4545 Heritage Trace Pkwy, Fort Worth, Texas 76244. The property, built in 2015, comprises 4,003 square feet on a single story and is currently 100% occupied by Wound Care Hyperbarics under an absolute NNN lease. The lease commenced October 1, 2020, and has a remaining term of approximately 3.9 years, expiring October 1, 2028. The lease features attractive 3% annual rent bumps, ensuring consistent income growth. The property boasts a strong net operating income (NOI) of $153,451, translating to a compelling 6.25% capitalization rate. The asking price is $2,455,228, representing a price per square foot of $613.35. Situated conveniently one mile east of Alliance Town Center, this property offers a prime location within a thriving medical corridor. This is a rare opportunity to acquire a stable, high-performing medical office investment with significant upside potential. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any diversified real estate portfolio. All financial information is based on current lease terms and should be independently verified.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2878
- Latitude
- 32.9162
