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Alliance Pediatrics 9445 N Beach St 8,000 sq ft 100% Let Office Property Keller, TX 76244 £2,419,829 (£302.48/sq ft) 6.90% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 8,000 SF multi-tenant medical office building for sale
- Medical tenant stability - Tenant mix includes Alliance Pediatrics and Freeform Chiropractic, triple net leases with bumps, management fees included
- Great Visibility – Frontage on North Beach Street which is a busy North/South thoroughfare in the North Fort Worth market and has over 30,000+CPD
- On .69 acres (30,056 SF)
- Part of a planned 23+ acre Medical office campus
- Great Accessibility with access off North Beach Street(4 median cuts) and just South of Heritage Trace Parkway, within 1 mile of Hwy I-35W &Hwy 377
EXECUTIVE SUMMARY
The subject property is a multi-tenant medical office building located in Fort Worth, Texas. The property encompasses 8,000 rentable square feet on approximately .69 acres of land. The property is at 100% occupancy with Alliance Pediatrics and Freeform Chiropractic on triple net lease formats.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Property Size
8,000 sq ft
Costar Property Class
B
Year Built
2019
Price
£2,419,829
Price per sq ft
£302.48
Yield
6.90%
NOI
£166,968
Occupancy Rate
100%
Number of Floors
1
Typical Floor Size
8,000 sq ft
Plot ratio
0.27
Total Plot Size
0.69 ac
1 1
PROPERTY TAXES
| Parcel Number | 42423129 | Improvements Assessment | £1,501,942 |
| Land Assessment | £233,168 | Total Assessment | £1,735,110 |
PROPERTY TAXES
Parcel Number
42423129
Land Assessment
£233,168
Improvements Assessment
£1,501,942
Total Assessment
£1,735,110
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Alliance Pediatrics | 9445 N Beach St
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