Skip To Content
Texas Real Estate Commission Consumer Protection Notice
    Return to Previous Page

    8721 Airport Freeway

    North Richland Hills, TX 76180
    • $2,912,155
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 14478225
    UPDATED: 45 min ago
    $2,912,155
    • 0
      BEDS
    • 1.98
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    County:

    School Ratings & Info

    Offered by Nick Miller of Realty Side By Side, Llc.

    Description

    Fantastic updated & modern Class B office located in North Richland Hills (near North East Mall, Hurst Conference Center, Tarrant County College (NE campus), & other great venues in the DFW mid-cities area). Total of 24,050 RBA; both floors fully leased. 7.61% proforma CAP. ~$850K renovations of 1st floor - gutted & renovated ground up (2018); ~$150K+ renovations of 2nd floor (2015). Prime location w immediate access to SH-183 (Airport Fwy) & I-820N); top of bldg signage; traffic count:~157,000 VPD. New 60-mil TPO roof (2018); Rehabbed TRANE 35-ton RTU's-VAV's + new HVAC mgmt syst. Zoned C-1 (general comm). Located 13 minutes frm DFW Intl Airport & from downtown Fort Worth; 25 minutes frm downtown Dallas.

    Monthly Payment Calculator



    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Wood Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Wood Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-03-08T13:41:18.217.
    www.woodrealestategroup.com/homes/112437506
    Print Image

    8721 Airport Freeway North Richland Hills, TX 76180

    • Price: $2,912,155
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 14478225
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.98
    Acres
    1982
    Built
    Neighborhood:
    Richland Oaks Sub
    County:
    Tarrant
    Area:
    N Richland Hills/Richland Hills
    Property Description
    Fantastic updated & modern Class B office located in North Richland Hills (near North East Mall, Hurst Conference Center, Tarrant County College (NE campus), & other great venues in the DFW mid-cities area). Total of 24,050 RBA; both floors fully leased. 7.61% proforma CAP. ~$850K renovations of 1st floor - gutted & renovated ground up (2018); ~$150K+ renovations of 2nd floor (2015). Prime location w immediate access to SH-183 (Airport Fwy) & I-820N); top of bldg signage; traffic count:~157,000 VPD. New 60-mil TPO roof (2018); Rehabbed TRANE 35-ton RTU's-VAV's + new HVAC mgmt syst. Zoned C-1 (general comm). Located 13 minutes frm DFW Intl Airport & from downtown Fort Worth; 25 minutes frm downtown Dallas.
    Exterior Features

    Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage Assigned SpacesCommon Lot Road Frontage Type ConcreteCurbs/GuttersInterstate Roof Other Topography Level

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features ElevatorFire AlarmFirewallsMulti-UserSecurity LightingSecurity SystemYard Sprinklers Energy Efficiency Double Pane WindowsProgrammable ThermostatTinted Windows Flooring CarpetLuxury Vinyl Plank Heating Central Air-ElecCentral Heat-ElecZoned Sq Ft Building 24050 Sq Ft Gross 24050 Sq Ft Leasable 24050

    Property Features

    Alarm Or Security Type BurglarExterior Security Light(S)Fire/SmokeFirewall(S)Monitored Building Area Source Tax Building Use Office Commercial Zoning C-1 Construction Status Preowned Gross Annual Expenses 210835 Gross Annual Income 403980 Inclusions Building Only Income Expense Source Owner Leasable Spaces 2 Leased Spaces 2 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 193145 Occupancy Rate 100 Owner Pays Accounting/LegalCommon AreaMaintenanceManagementTaxesWater/Sewer/Trash Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventional Special Notes Aerial PhotoEnviron. Study CompleteMeets Ada GuidelinesSurvey Available Tenant Pays Electric Total Annual Expenses Include Accounting/LegalCommon AreaElectricInsuranceLawn CareMaintenanceManagementTaxesWater/Sewer/Trash Unexempt Taxes 57251 Utilities City SewerCity WaterCurbsMaster Gas MeterMaster Water MeterSidewalk Will Subdivide No

    Listing information © 2021 North Texas Real Estate Information System.


    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Wood Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Wood Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-03-08T13:41:18.217.
     
    https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_3_14478225-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_3_14478225-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_3_14478225-2.jpg
    Logo
    Wood Real Estate Group
    16735 Gresham Circle
    Flint TX, 75762
    Offered by Nick Miller of Realty Side By Side, Llc.