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High Visibility Office Space 733 Fort Worth Dr 12,123 SF 100% Leased Office Building Denton, TX 76201 $2,525,000 ($208.28/SF) 7% Cap Rate
Investment Highlights
- Fully leased
- Immediate access to I-35
Executive Summary
Axis Realty Group is pleased to present 733 Fort Worth Drive, a 12,123 SF multi-tenant office building positioned directly on Fort Worth Drive and immediately off Interstate 35E in Denton, Texas. Just south of the University of North Texas, the asset offers strong visibility along one of Denton's busiest commercial corridors, with direct I-35E access connecting throughout the DFW Metroplex.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,123 SF
Building Class
C
Year Built
1984
Price
$2,525,000
Price Per SF
$208.28
Cap Rate
7%
NOI
$176,867
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,123 SF
Building FAR
0.32
Lot Size
0.87 AC
Zoning
DC-G
Parking
46 Spaces (3.79 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Signage
- Kitchen
- Central Heating
- High Ceilings
- Drop Ceiling
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R524325 | Improvements Assessment | $304,340 |
| Land Assessment | $570,418 | Total Assessment | $874,758 |
Property Taxes
Parcel Number
R524325
Land Assessment
$570,418
Improvements Assessment
$304,340
Total Assessment
$874,758
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High Visibility Office Space | 733 Fort Worth Dr
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