For Sale
$2,455,228

4545 Heritage Trace PkwyFort Worth, TX 76244

High-Yield NNN Lease, 4,003 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a single-tenant, Class A medical office building located at 4545 Heritage Trace Pkwy, Fort Worth, Texas 76244. The property, built in 2015, comprises 4,003 square feet on a single story and is currently 100% occupied by Wound Care Hyperbarics under an absolute NNN lease. The lease commenced October 1, 2020, and has a remaining term of approximately 3.9 years, expiring October 1, 2028. The lease features attractive 3% annual rent bumps, ensuring consistent income growth. The property boasts a strong net operating income (NOI) of $153,451, translating to a compelling 6.25% capitalization rate. The asking price is $2,455,228, representing a price per square foot of $613.35. Situated conveniently one mile east of Alliance Town Center, this property offers a prime location within a thriving medical corridor. This is a rare opportunity to acquire a stable, high-performing medical office investment with significant upside potential. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any diversified real estate portfolio. All financial information is based on current lease terms and should be independently verified.

Highlights

  • 4,003 SF Class A medical office building in Fort Worth, TX.
  • 100% occupied by Wound Care Hyperbarics under an absolute NNN lease with 3.9 years remaining.
  • Built in 2015, featuring 3% annual rent increases.
  • $2,455,228 asking price, representing a 6.25% cap rate and $613.35/SF.
  • Prime location near Alliance Town Center in a thriving medical corridor.

Property Details for 4545 Heritage Trace Pkwy

Property type
Office properties, Medical offices
Square Feet
4,003 SF
Year Built
2015
Buildings
1
Stories
1
Units
1

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9162118
Longitude
-97.2878055
4545 Heritage Trace Pkwy, Fort Worth, Texas

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4545 Heritage Trace Pkwy
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