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1425 8th Ave 14,212 SF 100% Leased Office Building Fort Worth, TX 76104 $4,500,000 ($316.63/SF) 5.20% Cap Rate

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Investment Highlights

  • Campus-Adjacent Location: Directly next to Baylor Scott & White All Saints Medical Center in Fort Worth’s top medical corridor.
  • In-Place Income + Upside: Fully occupied by established OBGYN tenants on 3 year leases, with below-market rents.
  • Private Parking & Additional Land: Rare asset offering both on-site parking and excess land—extremely limited in this high-demand area.
  • Explosive Regional Growth: Fort Worth is the fastest-growing large city in Texas, with a projected population surpassing 1 million by 2025.

Executive Summary

Zeustra Healthcare Real Estate Advisors is pleased to present 1425 8th Ave, a rare ±14,212 SF campus-adjacent medical office building located directly next to Baylor Scott & White All Saints Medical Center in the heart of Fort Worth’s high-demand Medical District. Fully leased to long-standing OBGYN tenants who will be signing new 3-year lease terms totaling $233,940 annually, the property offers stable in-place cash flow with long-term upside.
What sets this opportunity apart is its private parking lot and additional land—an extremely scarce feature in one of Fort Worth’s most land-constrained and healthcare-driven submarkets. Current rents remain well below market, allowing investors to unlock further value through future leasing at $25+ NNN.
With over 40 medical institutions in the surrounding district, low vacancy, and one of the fastest-growing populations in Texas, this is an ideal opportunity for investors or owner-users looking to secure a strategic footprint in Fort Worth’s premier outpatient care corridor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,212 SF
Building Class
B
Year Built
1940
Price
$4,500,000
Price Per SF
$316.63
Cap Rate
5.20%
NOI
$233,940
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,106 SF
Building FAR
0.96
Lot Size
0.34 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 8th Avenue Obstetrics & Gynecology
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

LabCorp is a publicly traded life sciences company headquartered in Burlington, North Carolina. Founded on September 5, 1978, the organization has evolved into a global provider of diagnostic testing and laboratory services. Operating across nearly 100 countries, the company offers extensive clinical diagnostics and supports medical decision-making through specialized laboratory capabilities. LabCorp functions through two primary segments: diagnostics services and biopharma laboratory services. Its diagnostic offerings include routine and specialized laboratory tests, molecular diagnostics, and pathology analysis. The organization is also active in drug development, providing laboratory support for clinical trials and related research. LabCorp is listed on the New York Stock Exchange under the ticker symbol LH and is privately held by a broad base of public shareholders. The company has achieved notable growth through strategic acquisitions and technological investment. Its network includes laboratory campuses, specialty testing centers, and administrative operations supporting laboratory workflows.

  • Thomas Reprographics Inc
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
8th Avenue Obstetrics & Gynecology Health Care and Social Assistance - - -
Health Care and Social Assistance - - -
Thomas Reprographics Inc Services - - -
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
01835947
Land Assessment
$157,920
Improvements Assessment
$2,266,080
Total Assessment
$2,424,000
  • Listing ID: 35679236

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: 1425 8th Ave, Fort Worth, TX 76104

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