516 Bonds Ranch RdFort Worth, TX 76131

Property Details for 516 Bonds Ranch Rd

Year built

2023

Lot size

2.04 AC

Property size (Sq ft)

15,959 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

33034-1-2

APU

3303412

Description

This exceptional Class A medical office building, located at 516 W Bonds Ranch Rd, Fort Worth, Texas 76131, presents a compelling investment opportunity. The property boasts 8,872 square feet of net rentable space within a single-story, newly constructed (2023) building. Currently 100% occupied under a ten-year absolute triple-net (NNN) lease commencing November 30, 2023, and expiring November 30, 2033, this investment offers significant stability and predictable cash flow. The tenant, Action Behavior Centers, LLC, a reputable organization with over 180 locations nationwide, is responsible for all operating expenses, including roof and structure maintenance. A landlord management fee may apply. The lease includes annual rent increases of $0.50 per square foot, commencing in year three, providing built-in growth potential. The property generates a strong net operating income (NOI) of $266,199. Situated in Tarrant County, Fort Worth, a rapidly growing city recognized by the US Census as the fastest-growing large city in the United States, this asset offers a combination of strong tenant creditworthiness, long-term lease security, and a prime location within a thriving market. This is a rare opportunity to acquire a stabilized, high-performing medical office building in a dynamic Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,023,902

  6.5%

  $2,791,294

  7%

  $2,591,916

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,843,709

  Geo Method

  $1,920,187

• Alternative Use

  Use

  Valuation

  Residential

  $3,461,204

  Hospitality

  $3,170,445

  Educational

  $2,637,773

  Medical

  $2,728,490

  Retail

  $4,103,202

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.925

Longitude

-97.3697

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].