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Gramercy Place 2 6825 Manhattan Blvd 19,924 SF 97% Leased Office Building Fort Worth, TX 76120 $3,400,000 ($170.65/SF) 8.40% Cap Rate
Investment Highlights
- Single Story Walk Up Building with Multiple Exterior Entrances
- Stabilized Occupancy with Mix of Medical and Office Tenants
- 50% Medical Floorplan Fully Renovated
- Minutes from Downtown Ft. Worth, Alrington, Mid Cities DFW (H.E.B.), with easy access to DFW Airport!
Executive Summary
6825 Manhattan Blvd available for sale! Recently remodeled and stabilized with medical and office tenants, there is opportunity to continue value add strategy for the next ownership. 97% occupied, this property offers a small section of Executive Suites allowing for shorter term adjustable cash flows while the remainder of the Tenants are on staggered multi year leases. Mix of MG and NNN leases in place with Cook Children's Medical Clinic occupying a long term lease with just shy of 50% of the building floorplan. Roof replaced 2022, new HVACs 2025, and more remodel and upgrades completed 2025/2026.
Call 214-934-6265 for more information on this opportunity!
Call 214-934-6265 for more information on this opportunity!
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,924 SF
Building Class
B
Year Built
1985
Price
$3,400,000
Price Per SF
$170.65
Cap Rate
8.40%
NOI
$285,600
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,924 SF
Building FAR
0.41
Lot Size
1.11 AC
Zoning
F1 Commercial - Community Commercial: zoned for office, medical, retail use.
Zoned E in Tarrant County
Parking
125 Spaces (6.27 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Signage
- Skylights
- Kitchen
- Central Heating
- High Ceilings
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 100-10 is an excellent executive suite in a professional setting! Just minutes to Downtown Fort Worth, Arlington, and Mid Cities DFW (H.E.B.) via I-30 & Hwy 820 thoroughfares. Call 214-934-6265 for more information on this opportunity!
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste $895/mo | 100-10 | 330 SF | Office | Full Build-Out | Now |
1st Fl-Ste $895/mo | 100-10
| Size |
| 330 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste $895/mo | 100-10
| Size | 330 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 100-10 is an excellent executive suite in a professional setting! Just minutes to Downtown Fort Worth, Arlington, and Mid Cities DFW (H.E.B.) via I-30 & Hwy 820 thoroughfares. Call 214-934-6265 for more information on this opportunity!
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Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04851706 | Improvements Assessment | $945,100 |
| Land Assessment | $144,900 | Total Assessment | $1,090,000 |
Property Taxes
Parcel Number
04851706
Land Assessment
$144,900
Improvements Assessment
$945,100
Total Assessment
$1,090,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Gramercy Place 2 | 6825 Manhattan Blvd
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