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2808 Hemphill StFort Worth, TX 76110

Fort Worth office, 2160 sq ft, 100% occupied

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 2,160-square-foot traditional office building is situated at 2808 Hemphill Street in Fort Worth, Texas, 76110, within Tarrant County. The property, built in 1918 and extensively renovated in 2015, features a two-story structure on a commercially zoned lot (APN 02814714). Currently 100% occupied since January 1, 2024, by a non-profit organization, the building offers a one-year lease with two one-year renewal options expiring December 31, 2024. The lease agreement includes a base rent of $15.78 per square foot, plus $4.50 in triple net expenses. The property boasts a pro-forma cap rate of 8.20%. Its convenient location between Magnolia and Berry Streets provides easy access to Texas Christian University (TCU), the Near Southside area, and the Medical District. The building comprises one unit across 2,160 net rentable square feet. The landlord is currently in discussions with the tenant regarding lease renewal. This presents a compelling investment opportunity in a desirable Fort Worth location.

Highlights

  • 2,160 SF traditional office building in Fort Worth, TX.
  • Currently 100% occupied by a non-profit under a lease expiring 12/31/2024, with renewal options.
  • Lease rate: $15.78/SF + $4.50 NNN.
  • 8.20% pro-forma cap rate.
  • Located near TCU, Near Southside, and the Medical District.

Property Details for 2808 Hemphill St

Property type
Office properties
Square Feet
2,160 SF
Year Built/Renovated
1918/20151
Buildings
1
Stories
2
Units
1

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.710948623464
Longitude
-97.331571846049
2808 Hemphill St, Fort Worth, Texas

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FAQs

What type of property is this?
Office property - Fort Worth office, 2160 sq ft, 100% occupied
Where is the office property located?
The property is located at 2808 Hemphill St Fort Worth, TX.
What are key features of this property?
This property features: 2,160 SF traditional office building in Fort Worth, TX.; Currently 100% occupied by a non-profit under a lease expiring 12/31/2024, with renewal options.; Lease rate: $15.78/SF + $4.50 NNN.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Don Phifer
Don Phifer
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Hemphill St
Fort Worth, TX 76110

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2808 Hemphill St
  • Don Phifer
    Don Phifer
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(817) 427-9545

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