6464 Brentwood Stair Rd Fort Worth, TX 76112

Property Details for 6464 Brentwood Stair Rd

Lot size

0.49 lot acres

Property type

Commercial land

APN

17670-1-4B

APU

1767014B

Description

This exceptional Class A office building presents a compelling stabilized investment opportunity in Fort Worth, Texas. The fully renovated, 12,440 square foot property boasts a 100% occupancy rate with a credit-rated, corporate-guaranteed single tenant under a gross lease agreement with 3.8 years remaining, plus two 4-year renewal options, featuring 3% annual rent bumps. The building, constructed in 1974 and extensively renovated in 2018 and 2019, includes a new roof, HVAC systems with economizers, LED lighting, resurfaced parking lot with 47 spaces, and updated interior finishes. Situated on a 1.487-acre lot in a prime location at the intersection of Interstates 820 and 30, the property benefits from exceptional visibility and high traffic counts exceeding 250,000 vehicles per day. The strong demographics of the area, with a population of 226,666 within a 5-mile radius and projected annual growth, further enhance the investment potential. The property's Net Operating Income (NOI) is $122,505, resulting in a 6.05% cap rate. The asking price is $2,025,000, or $162.78 per square foot. The tenant, a highly reputable non-profit organization, has operated since 1915 and possesses substantial financial strength. This is a rare opportunity to acquire a high-quality, stabilized investment with a long-term, secure tenant and significant upside potential. The property is zoned "E" Commercial Neighborhood and has a Tarrant County APN of 04675908, 07050836.