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3700 Rufe Snow Dr
North Richland Hills, TX 76180
Richland Medical Services · Office Property For Sale

Investment Highlights

  • Staggered Lease Expirations with Minimal Landlord Responsibility
  • Stable and Secure Property
  • Located on a Hard Corner; Rufe Snow Drive & Boulevard 26 Delivering a Traffic Count Exceeding 18,500 VPD
  • Attractive Multi-Tenant Office Building – Established Tenants with Strong NOI
  • Dense Population Corridor: 272K+ People Within Five Miles

Property Facts

Property Type
Office
Building Size
16,302 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,302 SF
Building FAR
0.30
Lot Size
1.26 AC
Zoning
F1

About 3700 RUFE SNOW DR , NORTH RICHLAND HILLS, TX 76180

Colliers International is pleased to present a great opportunity to purchase a multi-tenant office building at 3700 Rufe Snow Drive in North Richland Hills. The subject property of 16,302 square feet was built in 1984 of high-quality construction. The building delivers a well-established tenant base with strong history at the property and offers a strong cash flow opportunity, with the current owner leasing Suite 200 for 30 months and Suite 300 for five years. This provides a potential investor with an excellent investment opportunity offering a secure, stable property with excellent cash flow. Strategically located on a hard corner of two heavily traversed corridors, offering over 18,500 vehicles per day, the property features superb ingress and egress via Rufe Snow Drive and Boulevard 26, complimented by immediate access to IH-820, SH-183, US-377 and SH-121, making transportation exceptionally convenient. 3700 Rufe Snow is situated in a highly desirable location, providing a dense population corridor of more than 272,000 people within a five-mile radius. North Richland Hills is a dynamic and growing community offering a unique atmosphere and many shopping, restaurant and office amenities. 3700 Rufe Snow is strategically located in the Dallas-Fort Worth Metroplex, by population, the largest metropolitan area in Texas, the largest in the South, and the fourth largest in the United States. Dallas-Fort Worth is currently leading the job market among the nation’s largest metropolitan areas, with a growth rate of 4.8 percent, while unemployment, at 3.7 percent, is safely below the national average. This opportunity allows an investor to enjoy a long-term, attractive yield. Texas is an income tax free state, providing additional benefits for investment.

Property Taxes

Property Taxes

Parcel Number
42648970
Land Assessment
$274,864
Improvements Assessment
$1,825,136
Total Assessment
$2,100,000
  • Listing ID: 17665236

  • Date on Market: 11/7/2019

  • Last Updated:

  • Address: 3700 Rufe Snow Dr, North Richland Hills, TX 76180

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