TX > Fort Worth > Hodge C T Add
Fort Worth, TX 76110,2512 Hemphill ST
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Fort Worth, TX 76110,2512 Hemphill ST
Fort Worth, TX 76110,2512 Hemphill ST
Fort Worth, TX 76110,2512 Hemphill ST
Fort Worth, TX 76110,2512 Hemphill ST
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Monique Flores

Monique Flores

Sold Buy Group at Compass

+1(254) 423-4745
$ 1,700,000
Est. payment /mo
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Active

2512 Hemphill ST Fort Worth, TX 76110

8,100 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $209

Subdivision Hodge C T Add

MLS Listing ID 20705113

HOA Y/N No

Year Built 1960

Annual Tax Amount $16,107

Lot Size 0.334 Acres

Acres 0.334

Property Sub-Type Retail

Property Description

This street-front, high-traffic property on Hemphill St. has new lighting, electrical, plumbing, paint, polished concrete floors, and landscaping. It's offer at an above market CAP rate of 6.52% in a NNN lease with annual escalations and two 36-month renewals positions this building as a prime investment opportunity at $1.7M. This 8,100 SF building hosts two offices, a breakroom, two ADA compliant bathrooms, a reception, and a 6,377 SF supply area fed by 120 208V 3 phase power. One new 10-ton HVAC and gas hot water heater was installed early 2022 along with the other interior MEPs. The TPO roof is in good condition. The 12 car parking lot and 2 street spaces is deal for last mile services.

This cash flowing property delivers a good balance of financial stability and ample opportunity to obtain a higher yield with the current tenant, DashMart, a subsidiary of DoorDash, Inc., who is of great creditworthiness.

Location

State TX

County Tarrant

Community Curbs, Sidewalks

Zoning E - Neighborhood Commercial

Direction From I-35W. Take Exit 52A for Rosedale Street. Turn right onto Rosedale Street. Continue straight on Rosedale Street for about 1 mile. Turn left onto Hemphill Street. Continue straight on Hemphill Street for a short distance, and you should arrive at 2512 Hemphill St. on your right.

Interior

Heating Natural Gas

Cooling Central Air, Electric

Flooring Concrete

Inclusions Building Only

Fireplace No

Exterior

Parking Features Concrete, Direct Access, On Site, Paved, On Street

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Flat,Synthetic

Accessibility Accessible Doors, Accessible Entrance

Road Frontage City Street

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 01313622

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20705113

agent

Monique Flores

Agent | T530634

+1(254) 423-4745

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2512 Hemphill ST

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