1237 Southridge Ct - Medical FOR SALE


Hurst, TX 76053
$1,295,000 USD
817-319-5768
1237 Southridge Ct, Hurst, TX for Sale
$1,295,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

1237 Southridge Ct
Hurst, TX 76053


HIGHLIGHTS

  • Priced well below replacement cost
  • Mid-Cities area location
  • Historically stable rental income
  • 13,111 SF building, 19 lease spaces

OVERVIEW

This two story office building has been well maintained with a stable occupancy for many years. There is upside potential with rental increases and recapture utility charges. Current occupancy is 66.6% allowing for owner to occupy vacant spaces or to lease out at market rates. The property remained 100% occupied in 2022. Current tenant occupancy is a diverse mix of users. The property consists of a mixture of different office sizes from smaller executive offices to larger multi room office spaces. Property located off of Bedford Euless Rd, providing convenient access to Hwy 183 and Loop 820. -Priced well below replacement cost -Mid-Cities area location -13,111 SF building, 19 lease spaces -Historically stable rental income

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

F1

APN/PARCEL ID

02392402

ASK ABOUT THIS PROPERTY

James BlakeSVN | Trinity AdvisorsMore Info
817-319-5768

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James BlakeSVN | Trinity AdvisorsMore Info
817-319-5768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.