1200 West FwyFort Worth, TX 76102

This three-story, 12,929-square-foot office building in Fort Worth, Texas, presents a compelling owner-user opportunity. Located at 1200 West Freeway, this 1960-built property sits on a 0.38-acre lot in the Design District Downtown Urban zoning area, offering convenient access to major thoroughfares like Henderson Street, I-30, and I-35W. Currently, the building has 10.84% occupancy (a law firm) with the remaining space available on the second and third floors, totaling approximately 11,528 square feet. The building features 38 parking spaces, providing a parking ratio of approximately 3.00 per 1,000 square feet. The asking price is $2,450,000, translating to $189.50 per square foot. The property's prime location near the Fort Worth Central Business District and Dickies Arena, coupled with its recent foreclosure status, offers significant potential for tax benefits and immediate occupancy. The property is delivered free and clear, and the surrounding area boasts a median home value of $392,885 and an average household income of $88,329 within a two-mile radius. The building's vacancy is expected to be fully available by July 24, 2024.