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Value-Add DFW Office Portfolio 2 Office Properties Online Auction Sale Hurst, TX
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Value-add portfolio of office towers, with minimal going-in occupancy and renovations to the exteriors, lobby, and common areas completed in 2022.
- Wide variety of immediately available spaces, including several full floor plates, ideal for small and large tenants, as well as owner occupancy.
- Supported by a 5-mile workforce of over 99,000, with 26% carrying a bachelor’s degree or higher, attracting tenants with a valuable talent pipeline.
- Situated on contiguous lots totaling 4.67 acres, with attractive landscaping and on-site parking for 475+ vehicles (6/1,000 parking ratio).
- Excellent connectivity, with immediate access to Loop 820 and the Airport Freeway (121), as well as a walkable Trinity Railway Station (DART).
- Highly visible location, with direct exposure to more than 169,000 daily vehicles along Loop 820.
EXECUTIVE SUMMARY
Enjoy an unrivaled value-add opportunity offering two modern office towers in the Dallas-Fort Worth Metroplex at 301 & 305 NE Loop 820 in Hurst, Texas, better known as 820 Towers. Currently minimally occupied, with significant renovations recently completed, this is a valuable option for investors seeking outsized returns, as well as growing businesses looking to benefit from accessibility and exposure in a sought-after market.
820 Tower I, at 305 NE Loop 810, comprises a total of 57,256 square feet across six floors, with approximately 5,726 square feet currently occupied. 820 Tower II, at 301 NE Loop 820, spans a total of 37,870 square feet across five floors, all currently vacant. Both buildings were renovated in 2022 with upgrades to the exterior, lobbies, common areas, and restrooms. A wide variety of availabilities, including several full-floor plate options, make this an ideal destination for both smaller businesses and industry leaders. The interiors are defined by vibrant plank flooring, attractive lighting installations, and wall-to-wall windows that deliver exceptional natural lighting. The properties sit on contiguous lots totaling 4.67 acres, with abundant on-site parking for more than 475 vehicles, providing a 6/1,000 parking ratio for both assets.
An easily accessible location places the 820 Towers with immediate connectivity to Loop 820 and the Airport Freeway (121). These vital thoroughfares ensure excellent exposure in the local market, with direct visibility to more than 169,000 vehicles each day. The area enjoys seamless accessibility across the greater metropolitan area, reaching Downtown Fort Worth in 10 miles, DFW Airport in 17 miles, Dallas Love Field Airport in 25.7 miles, and Downtown Dallas in 30 miles. The surrounding area presents an amenity-rich commercial hub, allowing tenants to find national brands such as Target, EoS Fitness, CVS, T.J. Maxx, Best Buy, Burlington, PetSmart, Starbucks, Chick-fil-A, Whataburger, BJ’s Restaurant and Brewhouse, and much more, all within a 10-minute drive. Additionally, the area is home to the North East Mall, an upscale collection of more than 135 retail brands and restaurants.
Sitting within the East-Northeast Fort Worth Office Submarket, the new owner of the 820 Towers will benefit from strong fundamentals that support new leasing activity. Rents in the region have jumped 1.9% annually, with five-year annual average growth of 3%. No new office inventory is currently under construction in the area, reinforcing the demand for recently renovated facilities like the 820 Towers. Additionally, tenants are attracted by the region’s access to a valuable, skilled workforce, with more than 99,000 daytime employees working within 5 miles of the location. With 26% of residents carrying a bachelor’s degree or higher, the local population delivers a meaningful talent pipeline to support tenant’s future growth and expansion.
Property tours are by appointment only. Please contact the listing broker to schedule.
820 Tower I, at 305 NE Loop 810, comprises a total of 57,256 square feet across six floors, with approximately 5,726 square feet currently occupied. 820 Tower II, at 301 NE Loop 820, spans a total of 37,870 square feet across five floors, all currently vacant. Both buildings were renovated in 2022 with upgrades to the exterior, lobbies, common areas, and restrooms. A wide variety of availabilities, including several full-floor plate options, make this an ideal destination for both smaller businesses and industry leaders. The interiors are defined by vibrant plank flooring, attractive lighting installations, and wall-to-wall windows that deliver exceptional natural lighting. The properties sit on contiguous lots totaling 4.67 acres, with abundant on-site parking for more than 475 vehicles, providing a 6/1,000 parking ratio for both assets.
An easily accessible location places the 820 Towers with immediate connectivity to Loop 820 and the Airport Freeway (121). These vital thoroughfares ensure excellent exposure in the local market, with direct visibility to more than 169,000 vehicles each day. The area enjoys seamless accessibility across the greater metropolitan area, reaching Downtown Fort Worth in 10 miles, DFW Airport in 17 miles, Dallas Love Field Airport in 25.7 miles, and Downtown Dallas in 30 miles. The surrounding area presents an amenity-rich commercial hub, allowing tenants to find national brands such as Target, EoS Fitness, CVS, T.J. Maxx, Best Buy, Burlington, PetSmart, Starbucks, Chick-fil-A, Whataburger, BJ’s Restaurant and Brewhouse, and much more, all within a 10-minute drive. Additionally, the area is home to the North East Mall, an upscale collection of more than 135 retail brands and restaurants.
Sitting within the East-Northeast Fort Worth Office Submarket, the new owner of the 820 Towers will benefit from strong fundamentals that support new leasing activity. Rents in the region have jumped 1.9% annually, with five-year annual average growth of 3%. No new office inventory is currently under construction in the area, reinforcing the demand for recently renovated facilities like the 820 Towers. Additionally, tenants are attracted by the region’s access to a valuable, skilled workforce, with more than 99,000 daytime employees working within 5 miles of the location. With 26% of residents carrying a bachelor’s degree or higher, the local population delivers a meaningful talent pipeline to support tenant’s future growth and expansion.
Property tours are by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOURS
Lobby Matterport Tour
/4
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Condition | Auction Sale | Number of Properties | 2 |
| Type of Ownership | Fee Simple | Total Building Size | 95,126 SF |
| Sale Type | Investment | Total Land Area | 4.67 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Total Building Size | 95,126 SF |
| Total Land Area | 4.67 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
|
820 Towers I
305 NE Loop 820, Hurst, TX 76053 |
Office | 57,256 SF | 1979 |
|
820 Towers II
301 NE Loop 820, Hurst, TX 76053 |
Office | 37,870 SF | 1980 |
SALE ADVISORS
SALE ADVISORS
Trenton Price, Principal Broker
Trenton Price is a Dallas/Fort Worth native, born and raised in Arlington, Texas. Trenton’s passion and commitment for his hometown exude through his extensive portfolio of commercial projects spanning the Dallas/Ft. Worth area, including Globe Life Park in Arlington and many office and retail properties throughout the metroplex. Trenton’s represents over 100 thousand square feet of space and over $500 million in assets. He has a BA in Finance and had a successful career as a financial planner before moving into real estate.
Trenton joined Vision Commercial in 2017 after beginning his real estate career at another local firm. Starting out as Director of Vision’s Mid-Cities/HEB portfolio he proved successful in providing client advisory services in landlord representation and investment sales. In 2019 he opened the company’s new Arlington office at Globe Life Park. In 2021 he was elected President.
Before entering commercial real estate, Trenton began his career at Spectrum Financial Group starting in financial advisory before moving over to wealth management. From there he was recruited to Cornerstone as their Executive Director of Operations. The role involved oversight of the facilities, accounting, and human resource departments. In addition to these roles, Trenton spent seven years at Tarrant County College working on both the academic and workforce-developed sides of the organization.
As a highly active and connected community member, Trenton regularly volunteers for youth sporting events with the Amateur Athletic Union and has served six years on the Tarrant County Literacy Coalition’s Board of Directors. He is a member of both the HEB and Arlington Chamber of Commerce. In his spare time, he enjoys sports, traveling, and family time with his wife and three children.
Trenton joined Vision Commercial in 2017 after beginning his real estate career at another local firm. Starting out as Director of Vision’s Mid-Cities/HEB portfolio he proved successful in providing client advisory services in landlord representation and investment sales. In 2019 he opened the company’s new Arlington office at Globe Life Park. In 2021 he was elected President.
Before entering commercial real estate, Trenton began his career at Spectrum Financial Group starting in financial advisory before moving over to wealth management. From there he was recruited to Cornerstone as their Executive Director of Operations. The role involved oversight of the facilities, accounting, and human resource departments. In addition to these roles, Trenton spent seven years at Tarrant County College working on both the academic and workforce-developed sides of the organization.
As a highly active and connected community member, Trenton regularly volunteers for youth sporting events with the Amateur Athletic Union and has served six years on the Tarrant County Literacy Coalition’s Board of Directors. He is a member of both the HEB and Arlington Chamber of Commerce. In his spare time, he enjoys sports, traveling, and family time with his wife and three children.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
John Artozqui
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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