2800 Hemphill StFort Worth, TX 76110

For Sale
Call for price

Fort Worth Office Building, 3 Tenants, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Fort Worth office portfolio comprises two buildings totaling 3,368 square feet of net rentable space, situated on a 7,500-square-foot lot (APN 02814714). The main building, beautifully renovated in 2015, offers 2,318 square feet of traditional office space, ideally located on Hemphill Street between Magnolia and Berry Streets, providing convenient access to TCU, the Near Southside, and the Medical District. A secondary building on the property includes an additional 700 square feet of office space and a 350-square-foot studio apartment, both currently leased. The property boasts 100% occupancy with three tenants under a one-year lease commencing October 1, 2023. Built in 1918, the property is zoned for commercial use and features two stories. The current gross income is $58,366, with a pro forma net income of approximately $43,000. A full accounting of expenses will be available soon. This is a rare opportunity to acquire a well-located, income-producing property in a thriving Fort Worth neighborhood.

Highlights

  • Two-building Fort Worth office portfolio totaling 3,368 square feet on a 7,500-square-foot lot (APN 02814714).
  • Main building (2,318 sq ft) renovated in 2015, located on Hemphill Street near TCU, Near Southside, and Medical District.
  • Secondary building (700 sq ft) plus a 350 sq ft studio apartment, both currently leased.
  • 100% occupancy with three tenants under one-year leases starting October 1, 2023.
  • $58,366 gross annual income, $43,000 pro forma net income.

Property Details for 2800 Hemphill St

Property type
Other office properties, Office properties
Square Feet
3,368 SF
Year Built/Renovated
1918/2015
Buildings
2
Stories
2
Units
3

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.711223129706
Longitude
-97.331570198111
2800 Hemphill St, Fort Worth, Texas

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2800 Hemphill St
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