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2512 Hemphill Street
Fort Worth TX 76110 US

$1,700,000

Active Listing ID 20705113
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Lot: 0.33 Acres
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Retail

$1,700,000

Active Listing ID 20705113
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2512 Hemphill Street 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.

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Property Features

  • Facts
  • Lot Size: 0.33 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Floor Covering: Concrete
  • Roof Type: Flat, Synthetic

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 1700000
  • unparsedaddress: 2512 Hemphill Street
  • postalcity: Fort Worth
  • stateorprovince: TX
  • country: US
  • postalcode: 76110
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.334
  • lotsizeunits: Acres
  • lotsizearea: 0.334
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.715183
  • longitude: -97.331964
  • listagentfullname: Stephanie Bunn
  • listagentemail: Stephanie@c21mbcommercial.com
  • listagentkey: 3yd-NTREIS-0721367
  • listagentmlsid: 0721367
  • listagentpreferredphone: 8173547653
  • listagentofficephone: 8173547653
  • listofficekey: 3yd-NTREIS-BWMN01EU
  • listagentstatelicense: 0721367
  • listofficemlsid: BWMN01EU
  • disclaimer: Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1960
  • listagenturl: https://www.c21bowman.com/?utm_source=listhub
  • countyorparish: Tarrant
  • parcelnumber: 01313622
  • constructionmaterials: Brick
  • flooring: Concrete
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Paved or Surfaced
  • roof: Flat, Synthetic
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.33196, 32.715183
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Mike Bowman, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Stephanie@c21mbcommercial.com", "ListBrokerageCity":"Grapevine", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dbowman@c21bowman.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/c5ababc321c5c9a70121c5dc9df70020/20180718170939665.png", "ListBrokerageName":"Century 21 Mike Bowman, Inc.", "ListBrokeragePhone":"(817) 354-7653", "ListBrokeragePostalCode":"76051", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4101 William D. Tate Ave #100", "ListBrokerageWebsiteUrl":"https://www.c21bowman.com/?utm_source=listhub", "ListOfficeAddress1":"4101 William D Tate", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"0147730", "ListOfficeCity":"Grapevine", "ListOfficeCountry":"US", "ListOfficeEmail":"mike@c21bowman.com", "ListOfficePostalCode":"76051", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Fort Worth, TX", "ListingURL":"https://listings.listhub.net/pages/NTREIS/20705113/?channel=rexren", "MLSModificationTimestamp":"2024-08-16T21:10:23Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:57:46 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Stephanie Bunn, Century 21 Mike Bowman, Inc., Stephanie@c21mbcommercial.com

Copyright © 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.