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Turnkey Modern Office | West Fort Worth 2821 Lackland Rd 51,098 SF Vacant Office Building Online Auction Sale Fort Worth, TX 76116



Investment Highlights
- The Lackland Center offers a value-add modern office facility with a high-profile location in a sought-after West Fort Worth commercial hub.
- Flexible floor plans with mostly open layouts, private offices, and conference spaces, with rich natural lighting from floor-to-ceiling windows.
- Easily accessible location with connectivity to Interstates 30 and 820, allowing businesses to tap into the DFW’s robust regional workforce.
- Delivered vacant with single- and multi-tenant potential, offering significant advantages for immediate occupancy or leasing by a new owner.
- Includes a neighboring 0.51-acre parcel of paved land with flexible FR zoning, offering added long-term potential for a new development project.
- Within an established retail hub near industry-leading brands like Walmart Supercenter, Lowe’s, LA Fitness, Petco, Starbucks, Whataburger, and more.
Executive Summary
The Lackland Center, situated at 2821 Lackland Road in Fort Worth, Texas, stands as a premier investment opportunity in Tarrant County, offered well below replacement cost. This modern and adaptable office property encompasses 51,098 square feet distributed across three floors, offering ample space for a variety of business needs. Delivered vacant, the building presents versatility for either single or multi-tenant occupancy, making it an ideal choice for both owner/users seeking a flagship location and investors searching for value-add potential.
Originally constructed in 1974, the property has been expertly maintained, ensuring a high-quality environment for today's businesses. Features include passenger elevators, a robust camera security system, and abundant on-site parking for 235 vehicles, with covered parking options available. The interior layout boasts flexible open floor plans, complemented by numerous private offices and collaborative areas. Floor-to-ceiling windows flood the workspace with natural light, creating an inviting and productive atmosphere.
The Lackland Center is positioned on a 1.79-acre lot with a neighboring parcel measuring 0.51 acres located directly across Sappington Place, which is included in the sale. This excess land enhances the long-term value for a new owner by offering significant development opportunities. Flexible FR zoning (General Commercial) allows for a wide range of uses, including office, retail, restaurant, or medical projects, supporting future growth and diversification.
Situated in an easily accessible position, with connectivity to IH 30 and IH 820, The Lackland Center enjoys a high-profile location in coveted West Fort Worth, just 7 miles from Downtown. These vital nearby arteries facilitate seamless commutes from across the DFW Metroplex, allowing tenants to tap into a valuable regional workforce. The surrounding area is an established retail hub that offers industry-leading shopping and dining options within 10 minutes of the property, including Walmart Supercenter, Lowe’s, Sprout’s Farmers Market, LA Fitness, Petco, Starbucks, Krispy Kreme, Whataburger, Applebee’s, Olive Garden, and much more, enhancing appeal and convenience for employees.
Investors will find significant value-add potential at The Lacklund Center, fueled by impressive fundamentals in the West/Southwest Fort Worth Office Submarket. Currently, vacancies in the area sit at just 7.3% vacancies, well under the metro average of 17.8%. This demonstrates the desirability of the region for commercial tenants, with major presences in the area for the healthcare and defense sectors. Supporting these large operations is a daytime workforce of more than 119,000 within 5 miles of the property. More than 36% of these locals carry a bachelor’s degree or higher, providing excellent skilled labor availability to drive stable business growth for tenants at The Lacklund Center.
Property tours are availabe on the following Friday's from 12:00pm - 2:00pm. Please contact the listing broker to schedule.
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Originally constructed in 1974, the property has been expertly maintained, ensuring a high-quality environment for today's businesses. Features include passenger elevators, a robust camera security system, and abundant on-site parking for 235 vehicles, with covered parking options available. The interior layout boasts flexible open floor plans, complemented by numerous private offices and collaborative areas. Floor-to-ceiling windows flood the workspace with natural light, creating an inviting and productive atmosphere.
The Lackland Center is positioned on a 1.79-acre lot with a neighboring parcel measuring 0.51 acres located directly across Sappington Place, which is included in the sale. This excess land enhances the long-term value for a new owner by offering significant development opportunities. Flexible FR zoning (General Commercial) allows for a wide range of uses, including office, retail, restaurant, or medical projects, supporting future growth and diversification.
Situated in an easily accessible position, with connectivity to IH 30 and IH 820, The Lackland Center enjoys a high-profile location in coveted West Fort Worth, just 7 miles from Downtown. These vital nearby arteries facilitate seamless commutes from across the DFW Metroplex, allowing tenants to tap into a valuable regional workforce. The surrounding area is an established retail hub that offers industry-leading shopping and dining options within 10 minutes of the property, including Walmart Supercenter, Lowe’s, Sprout’s Farmers Market, LA Fitness, Petco, Starbucks, Krispy Kreme, Whataburger, Applebee’s, Olive Garden, and much more, enhancing appeal and convenience for employees.
Investors will find significant value-add potential at The Lacklund Center, fueled by impressive fundamentals in the West/Southwest Fort Worth Office Submarket. Currently, vacancies in the area sit at just 7.3% vacancies, well under the metro average of 17.8%. This demonstrates the desirability of the region for commercial tenants, with major presences in the area for the healthcare and defense sectors. Supporting these large operations is a daytime workforce of more than 119,000 within 5 miles of the property. More than 36% of these locals carry a bachelor’s degree or higher, providing excellent skilled labor availability to drive stable business growth for tenants at The Lacklund Center.
Property tours are availabe on the following Friday's from 12:00pm - 2:00pm. Please contact the listing broker to schedule.
1/9
1/16
1/23
1/30
2/6
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Taxes
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
51,098 SF
Building Class
C
Year Built
1974
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,033 SF
Building FAR
0.51
Lot Size
2.30 AC
Parcel Numbers
Zoning
FR and A-5 - Retail, Healthcare, Hospitality, SFR, etc.
Parking
235 Spaces (4.6 Spaces per 1,000 SF Leased)
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Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Turnkey Modern Office | West Fort Worth | 2821 Lackland Rd
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