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Kelley Building 1701 Fountainview Dr 5,600 SF 100% Leased Office Building Mansfield, TX 76063 $2,700,000 ($482.14/SF) 5.15% Cap Rate
Executive Summary
Prime investment location. Earn income from Day 1. Two medical practices share this building with young leases. Almost brand new, finished in 2025. Mansfield Texas is one of the fastest growing cities in America. The property is located 1.5 miles from the new city hall and $1 Billion development being developed behind it with a lake water feature in the middle of shops, restaurants, entertainment. Currently it sits 2 min from HEB, coffee, shopping, restaurants. It's in the middle of action central as Costco, Total Wines will be within 10 minutes and quick access Hwy 287, and SH 360 for Fort Worth and Dallas travels.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,600 SF
Building Class
B
Year Built
2024
Price
$2,700,000
Price Per SF
$482.14
Cap Rate
5.15%
NOI
$139,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,600 SF
Slab To Slab
10’
Building FAR
0.17
Lot Size
0.75 AC
Zoning
Commercial - General Office
Amenities
- Outdoor Seating
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Urology Practic
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Urology Practic | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 40390349 | Improvements Assessment | $1,311,602 (2025) |
| Land Assessment | $269,398 (2025) | Total Assessment | $1,581,000 (2025) |
Property Taxes
Parcel Number
40390349
Land Assessment
$269,398 (2025)
Improvements Assessment
$1,311,602 (2025)
Total Assessment
$1,581,000 (2025)
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Kelley Building | 1701 Fountainview Dr
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