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15128179
15128180

4717 Fletcher Ave, Fort Worth, TX 76107

MB
TX 9001810
Colonial Commercial Real Estate LLC
BB
TX TX 772676
Colonial Commercial Real Estate LLC
Listed by Colonial Commercial Real Estate LLC
$7,000,000
1108 days on market
Updated 100 days ago

Pease Office Building

Details
Property Type Office
Sub Type Traditional Office
Square Footage 48,500
Net Rentable (SqFt) 48,500
Units 4
NOI $243,457
Occupancy 50%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 11.97%
Pro-Forma NOI $837,860
Price per SqFt $144
Broker Co-Op Yes
Class A
Year Built 1978, 1989, 1995, 1999
Year Renovated 2010
Buildings 1
Stories 2
Acreage 2.390
Zoning ER, F
Investment Type Value Add
Tenant Credit Corporate Guarantee

Great user and/or investment office building for sale located . in west Fort Worth

Marketing description

Price Reduced. Outstanding Opportunity. Welcome to 4717 Fletcher Ave in Ft Worth, Texas - a fantastic user building perfect for your office needs!

This beautiful office building boasts a total of 48,5000 square feet of space, providing ample room for your business to grow and thrive. The building is located in a prime location, offering easy access to major highways and public transportation, making commuting a breeze for you and your team.

The building features a modern and sleek design, with plenty of natural light flooding the interior. The spacious lobby and common areas are sure to impress your clients and visitors, while the large and flexible floor plan allows you to customize the space to fit your specific needs.

In addition to the stunning interior, the building offers ample on-site parking (122 Spaces), making it easy for your team and guests to come and go. The building is also equipped with state-of-the-art security features, including a 24-hour security system and keycard access, ensuring that your business and assets are always safe and secure.

With its prime location, modern design, and state-of-the-art features, 4717 Fletcher Ave is the perfect space for any business looking to take their operations to the next level. Don't miss your chance to make this incredible user building your own - schedule a tour today and see for yourself why this property is the talk of the town!

PRESENT TENANT WOULD LEASE BACK 10,000-15,000 SF AT CLOSING.

Investment highlights

  • Total of 48500 square feet of space

  • Prime location with easy access to major highways and public transportation

  • Modern and sleek design with plenty of natural light

  • Spacious lobby and common areas

  • Large and flexible floor plan for customization

  • Ample on-site parking — 122 spaces

  • State-of-the-art security features, including a 24-hour security system and keycard access

These features make 4717 Fletcher Ave the perfect space for any business looking for a user building that is both functional and impressive.

Listing Contacts

MB
TX 9001810
Colonial Commercial Real Estate LLC
BB
TX TX 772676
Colonial Commercial Real Estate LLC
Listed by Colonial Commercial Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$243,457.00
$20,288.08/mo

Valuation Metrics

0
DSCR
3.48%
Cap Rate
3.48%
ROI

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Additional Information

Name
Michael Berkowitz
License
9001810
Name
Benjamin Berkowitz
License
TX 772676
Brokerage
Colonial Commercial Real Estate LLC
Brokerage Phone
817-632-6200
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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