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4059 Bryan Ave 6,220 SF 4% Leased Office Building Fort Worth, TX 76110 $1,028,500 ($165.35/SF)
Investment Highlights
- Renovated in 2022; office zoning with city utilities
- Negotiable Price.
- Approximately 20 private office suites with flexible layout
Executive Summary
±6,000 SF multi-tenant office building situated on a ±0.42-acre corner lot at Bryan Ave and Bolt St. The property was originally built in 1980 and renovated in 2022. Zoned Office and served by city utilities (water, sewer, electric).
The building is designed with approximately 20 private office suites, multiple restrooms, reception area, kitchen, and two breakrooms, allowing for flexible multi-tenant or owner-user configurations. On-site parking is available, with an additional parking lot across the street included.
The offering is marketed with a pro forma rent of $12.00/SF NNN, projecting annual rent and NOI of approximately $72,000. At the asking price of $1,028,500, the pro forma cap rate is estimated at ±7.00%.
$1,000,000-$1,300,000
The building is designed with approximately 20 private office suites, multiple restrooms, reception area, kitchen, and two breakrooms, allowing for flexible multi-tenant or owner-user configurations. On-site parking is available, with an additional parking lot across the street included.
The offering is marketed with a pro forma rent of $12.00/SF NNN, projecting annual rent and NOI of approximately $72,000. At the asking price of $1,028,500, the pro forma cap rate is estimated at ±7.00%.
$1,000,000-$1,300,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,220 SF
Building Class
B
Year Built
1980
Price
$1,028,500
Price Per SF
$165.35
Percent Leased
4%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.34
Lot Size
0.42 AC
Zoning
ER - Neighborhood Comm - Office Use
Parking
22 Spaces (3.54 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
- Central Heating
- Partitioned Offices
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,000 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,000 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04701852 | Improvements Assessment | $560,303 |
| Land Assessment | $48,000 | Total Assessment | $608,303 |
Property Taxes
Parcel Number
04701852
Land Assessment
$48,000
Improvements Assessment
$560,303
Total Assessment
$608,303
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
4059 Bryan Ave