On Campus Value-Add Medical 3124 N Tarrant Pky 6,741 SF Office Building Fort Worth, TX 76177 $2,696,400 ($400/SF)

Matthews™ Healthcare Division is pleased to offer the opportunity to acquire a two suite multi-tenant medical office building in one of Fort Worth’s most affluent and high-growth sub-markets.
This is a 100% fee simple interest investment on a 0.82-acre parcel of land.
This 6,741 SF building is located on the Medical City Alliance Hospital campus, a 165-bed award-winning facility which completed a $53M expansion in 2021 to enlarge its emergency room and increase licensed beds. The subject property is also directly next door to Medical City Alliance Surgical Hospital, a 47,000 SF facility with seven operating suites and one cardiac lab. The on-campus nature translates to a strong potential referral base and added strategic value for any future tenant operations.
There is a value-add leasing opportunity for an owner upon acquisition. The availability of 4,594 SF allows a new owner to grow cash flow and improve yield upon stabilization. With an existing orthopedic layout in place, the suite offers a functional medical floorplan that can accommodate a wide range of healthcare users while keeping TI expenditures and lease-up time to a minimum.
Baylor Scott & White recently extended their lease by two years, and the lease also features a passive net lease structure with minimal landlord responsibilities. There is a three percent annual increase in the second year. Baylor Scott & white Healthcare is the largest not-for-profit healthcare system in Texas, with over 50 hospitals and more than 1,300 care sites. The company holds an investment-grade credit rating of AA-.
The building is located in the AllianceTexas Master-Planned Development, which is one of North Texas’s most significant long-term growth nodes. The development is cited as 27,000 acres and an estimated $130B in regional economic impact, with $10.2B created in 2024.
This is a compelling opportunity for a value-add investor to own a quality asset with a high-caliber tenant in an affluent area of Fort Worth.
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550