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Southridge 1236 Southridge Ct 13,275 SF 100% Leased Office Building Hurst, TX 76053 $1,300,000 ($97.93/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Central HVAC, abundant natural light, monument signage
- Prime vestibule to Hwy 183/121, cul-de-sac location
- 56 surface parking spaces (~4.2/1,000 SF)
- 24/7 Building Access & On-site Property Manager
EXECUTIVE SUMMARY
1236 Southridge Ct is a two-story, 13,646 SF office/flex building built in 1988, situated on a 0.77-acre lot with 56 parking spaces. The property offers flexible leasing options, ideal for medical, professional, or light industrial tenants. Located in the heart of Hurst's Mid-Cities submarket, it provides excellent access to major highways and is approximately 20 minutes from DFW Airport. The building is currently 84% occupied, offering immediate rental income potential.
Address: 1236 Southridge Ct, Hurst, TX 76053
Building Type: Office / Medical Office (Multi-Tenant)
Year Built: 1988
Building Size: 13,275 SF (Approx. 6,638 SF per floor)
Land Area: 0.77 AC (Approx. 33,541 SF)
Building Class: C
Occupancy: 84%
Amenities & Features
- Atrium, Elevator access
- 24/7 Building Access & On-site Property Manager
- Central HVAC, abundant natural light, monument signage
- 56 surface parking spaces (~4.2/1,000 SF)
- Prime vestibule to Hwy 183/121, cul-de-sac location
Address: 1236 Southridge Ct, Hurst, TX 76053
Building Type: Office / Medical Office (Multi-Tenant)
Year Built: 1988
Building Size: 13,275 SF (Approx. 6,638 SF per floor)
Land Area: 0.77 AC (Approx. 33,541 SF)
Building Class: C
Occupancy: 84%
Amenities & Features
- Atrium, Elevator access
- 24/7 Building Access & On-site Property Manager
- Central HVAC, abundant natural light, monument signage
- 56 surface parking spaces (~4.2/1,000 SF)
- Prime vestibule to Hwy 183/121, cul-de-sac location
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,275 SF
Building Class
C
Year Built
1988
Price
$1,300,000
Price Per SF
$97.93
Cap Rate
6%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,638 SF
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.77 AC
Zoning
Commercial
Parking
56 Spaces (4.22 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Property Manager on Site
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 02392410 | Improvements Assessment | $630,224 |
| Land Assessment | $176,978 | Total Assessment | $807,202 |
PROPERTY TAXES
Parcel Number
02392410
Land Assessment
$176,978
Improvements Assessment
$630,224
Total Assessment
$807,202
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ASG Capco
Southridge | 1236 Southridge Ct
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