8701 Tarrant PkwyNorth Richland Hills, TX 76182
- Healthcare properties
- 7,310 SF
Property Details for 8701 Tarrant Pkwy
- Year built
- 2020
- Lot size
- 1.01 AC
- Property size (Sq ft)
- 7,310 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 3430-5-1R2R1
- APU
- 343051R2R1
Description
This exceptional Class A medical office building, completed in 2021, offers 8,362 square feet of space for lease in a prime Tarrant County location at 8701 N Tarrant Pkwy. The property features two buildings, each single-story, totaling four suites with a minimum divisible space of 1,600 square feet. Currently, the entire 8,362 square feet is available for lease. The property sits on a 1.61-acre lot and boasts ample parking with 70 spaces. Enjoy excellent visibility and accessibility from the highly trafficked North Tarrant Parkway, featuring a convenient left-turn lane. The building benefits from strong co-tenancy with established businesses including Sparrow Eye Care, NRH Family Dentistry, and Flowers of Life Chiropractic. This thriving retail corridor is anchored by major retailers such as Target, Walmart, Chick-fil-A, Kroger, LA Fitness, CVS, Chase Bank, and Whataburger, ensuring high traffic and visibility. The property is zoned C-1 and has a Tarrant County APN of 3430-5-1R2. Tenant improvement packages are available, subject to lease terms and tenant financials. Phase II construction will commence upon 100% occupancy of Phase I. Additional monument signage opportunities are available to enhance your business's presence. This is an unparalleled opportunity to establish your practice in a vibrant and highly visible location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,585,124
- 6.5%
- $1,463,192
- 7%
- $1,358,678
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,034,658
- Geo Method
- $879,539
-
Alternative Use
- Use
- Valuation
- Residential
- $1,814,357
- Hospitality
- $1,661,942
- Educational
- $1,382,716
- Medical
- $1,430,270
- Retail
- $2,150,892
Location Insight
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Latitude
- 32.9045
- Longitude
- -97.1975
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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