2512 HEMPHILL STREET, FORT WORTH, TX 76110
Homes for sale in Fort Worth.
Homes for sale in 76110.
2512 Hemphill Street
Fort Worth, TX 76110
List Price$1,700,000
Listing #20705113
About This Property
This street-front, high-traffic property on Hemphill St. has new lighting, electrical, plumbing, paint, polished concrete floors, and landscaping. It's offer at an above market CAP rate of 6.52% in a NNN lease with annual escalations and two 36-month renewals positions this building as a prime investment opportunity at $1.7M. This 8,100 SF building hosts two offices, a breakroom, two ADA compliant bathrooms, a reception, and a 6,377 SF supply area fed by 120 208V 3 phase power. One new 10-ton HVAC and gas hot water heater was installed early 2022 along with the other interior MEPs. The TPO roof is in good condition. The 12 car parking lot and 2 street spaces is deal for last mile services. This cash flowing property delivers a good balance of financial stability and ample opportunity to obtain a higher yield with the current tenant, DashMart, a subsidiary of DoorDash, Inc., who is of great creditworthiness.
Property Features
Location Information
County
Tarrant
Subdivision
Hodge C T Add
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Common Area Maintenance, Electricity
Heating
Natural Gas
Total Number of Units
1
Cooling
Central Air, Electric
Accessibility
Accessible Doors, Accessible Entrance
Floors
Concrete
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
14,549
Foundation
Slab
Possible Best Use
Office, Place of Worship, R
Roof
Flat, Synthetic
Zoning
E - Neighborhood Commercial
Water / Sewer
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
8,100
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Road Description
City Street
Parking Description
Concrete, Direct Access, On Site, Paved, On Street
Is One Story
No
Lot Size in Acres
0.334
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
16107.0
Property SubType
Retail
Community Features
Curbs, Sidewalks
Year Built
1960
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$7,938
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,126
Monthly Tax
$1,416
Monthly Insurance
$396
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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