8721 Airport Freeway, North Richland Hills, Texas 76180
- $2,912,155
- List Price
- $2,912,155
- MLS#
- 14478225
- Status
- ACTIVE
- Type
- Commercial
- Year Built
- 1982
- Construction Status
- Preowned
- Acres
- 1.98
- County
- Tarrant
- Area
- N RICHLAND HILLS/RICHLAND HILLS AREA (127)
- City
- North Richland Hills
- Subdivision
- Richland Oaks Sub
Property Description
Fantastic updated & modern Class B office located in North Richland Hills (near North East Mall, Hurst Conference Center, Tarrant County College (NE campus), & other great venues in the DFW mid-cities area). Total of 24,050 RBA; both floors fully leased. 7.61% proforma CAP. ~$850K renovations of 1st floor - gutted & renovated ground up (2018); ~$150K+ renovations of 2nd floor (2015). Prime location w immediate access to SH-183 (Airport Fwy) & I-820N); top of bldg signage; traffic count:~157,000 VPD. New 60-mil TPO roof (2018); Rehabbed TRANE 35-ton RTU's-VAV's + new HVAC mgmt syst. Zoned C-1 (general comm). Located 13 minutes frm DFW Intl Airport & from downtown Fort Worth; 25 minutes frm downtown Dallas.
Additional Information
- Unexempt Taxes
- $57,251
- Features
- Elevator, Fire Alarm, Firewalls, Multi-User, Security Lighting, Security System, Yard Sprinklers
- Gross Annual Expenses
- 210835
- Gross Annual Income
- 403980
- Tenant Pays
- Electric
- Lot Size
- 86,248
- Acres
- 1.98
- Subdivided
- No
- Flooring
- Carpet, Luxury Vinyl Plank
- Foundation
- Slab
- Roof
- Other
- Stories
- 2
- Walls
- Brick
- Ceiling Height Type
- 8 to10 Feet
- Street Utilities
- City Sewer, City Water, Curbs, Master Gas Meter, Master Water Meter, Sidewalk
- Heating Cooling
- Central Air-Elec, Central Heat-Elec, Zoned
- Construction Material
- Brick
- Parking Garage
- Assigned Spaces, Common Lot
- Road Frontage Desc
- Concrete, Curbs/Gutters, Interstate
- Proposed Financing
- Cash, Conventional
- Building Sq. Ft.
- 24050
- Number of units
- 1
- Leasable Sq Ft
- 24050
- Occupancy Rate
- 100
- Building Use
- Office
- Inclusions
- Building Only
- Possession
- Closing/Funding
Mortgage Calculator
Listing courtesy of Realty Side by Side, LLC.