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Summit Office Park
1200 Summit Avenue, Fort Worth, TX 76102

1200 Summit Office Park
13,609 SF
$19.50 /SF/Year
957 SF
8,946 SF
Office
Office Building
120,496 SF
B
1974
9.09 AC
-
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Last Verified 1/3/2012
Listing ID 16782033
Space 202
8,946 SF
$19.50 /SF/Year
Office Building
Modified Gross
$19.50 /SF/Year$19.50 /SF/Year$1.63 /SF/Month$174,447 /Year$14,537.25 /Month
Space 750
957 SF
$19.50 /SF/Year
Office Building
Modified Gross
$19.50 /SF/Year$19.50 /SF/Year$1.63 /SF/Month$18,661.50 /Year$1,555.13 /Month
1200-422
1,760 SF
$19.50 /SF/Year
Office Building
Modified Gross
Feb 2012
$19.50 /SF/Year$19.50 /SF/Year$1.63 /SF/Month$34,320 /Year$2,860 /Month
1200-780
1,946 SF
$19.50 /SF/Year
Office Building
Feb 2012
$19.50 /SF/Year$19.50 /SF/Year$1.63 /SF/Month$37,947 /Year$3,162.25 /Month
Highlights
Rental Rate = $19.50 + Electric
2012 Electric Estimated @ $1.97 per sq. ft.
Property Renovated 1995
Banking, conference facility, food service, on site management
Reserved Parking @ $50.00 per month
Description
Summit Office Park is a low-rise office development situated in a lush, park-like setting on 9.09 acres. The property contains approximately 240,000 square feet of rentable area in two identical eight-story buildings.
Summit Office Park provides convenient access to the CBD and its many cultural/entertainment amenities, as well as desirable near west side residential areas.
- Building Description -
Exterior - The building consists of structural steel framing clad in structural precast white concrete panels with single pane tempered solar bronze glass inset windows.
Lobbies - The lobby is attractively finished with light-taupe finish tiled flooring accented by a half-moon design of gray-polished tile surrounding the elevator bank. The lobby's panel wall detail is enhanced by an eggshell-finished taupe paint with brushed silver finish sconces providing perimeter lighting. Area rugs, tropical greenery and seasonal color enhance the lobby's warm atmosphere.
Floors - Typical floorplates average approximately 15,132 RSF.
Summit Office Park is located on the southwest corner of Summit Avenue and West Lancaster Avenue. It is considered to be among Fort Worth's premier suburban office buildings due to its ability to provide unsurpassed access to the CBD and its many cultural/entertainment amenities, as well as to desirable west side residential areas. The Fort Worth Central Business District, which is located northeast of Summit Office Park, is a vibrant commercial core, and remains the focal point of Fort Worth's business and entertainment and cultural communities. Summit Office park also has excellent access to the Metroplex via I-30, I-35 and the Airport Freeway.
Map of 1200 Summit Avenue, Fort Worth, TX 76102 (Tarrant County)
Created 8/2/2010
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Additional Information for 1200 Summit Avenue, Fort Worth, TX 76102
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for Fort Worth, TX Office For Lease
| |
Jan 12 |
vs. 3 mo. prior |
Y-O-Y |
- State | $16 | -0.2% | -0.8% |
- Metro | $16 | -0.1% | -1.3% |
- County | $15 | -0.2% | -1.5% |
|
- City | $16 | -0.5% | -1.9% |
View Fort Worth Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-PND