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Southridge 1236 Southridge Ct 13,275 sq ft 100% Let Office Property Hurst, TX 76053 £972,439 (£73.25/sq ft) 6% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Central HVAC, abundant natural light, monument signage
- Prime vestibule to Hwy 183/121, cul-de-sac location
- 56 surface parking spaces (~4.2/1,000 SF)
- 24/7 Building Access & On-site Property Manager
EXECUTIVE SUMMARY
1236 Southridge Ct is a two-story, 13,646 SF office/flex building built in 1988, situated on a 0.77-acre lot with 56 parking spaces. The property offers flexible leasing options, ideal for medical, professional, or light industrial tenants. Located in the heart of Hurst's Mid-Cities submarket, it provides excellent access to major highways and is approximately 20 minutes from DFW Airport. The building is currently 84% occupied, offering immediate rental income potential.
Address: 1236 Southridge Ct, Hurst, TX 76053
Building Type: Office / Medical Office (Multi-Tenant)
Year Built: 1988
Building Size: 13,275 SF (Approx. 6,638 SF per floor)
Land Area: 0.77 AC (Approx. 33,541 SF)
Building Class: C
Occupancy: 84%
Amenities & Features
- Atrium, Elevator access
- 24/7 Building Access & On-site Property Manager
- Central HVAC, abundant natural light, monument signage
- 56 surface parking spaces (~4.2/1,000 SF)
- Prime vestibule to Hwy 183/121, cul-de-sac location
Address: 1236 Southridge Ct, Hurst, TX 76053
Building Type: Office / Medical Office (Multi-Tenant)
Year Built: 1988
Building Size: 13,275 SF (Approx. 6,638 SF per floor)
Land Area: 0.77 AC (Approx. 33,541 SF)
Building Class: C
Occupancy: 84%
Amenities & Features
- Atrium, Elevator access
- 24/7 Building Access & On-site Property Manager
- Central HVAC, abundant natural light, monument signage
- 56 surface parking spaces (~4.2/1,000 SF)
- Prime vestibule to Hwy 183/121, cul-de-sac location
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
13,275 sq ft
Costar Property Class
C
Year Built
1988
Price
£972,439
Price per sq ft
£73.25
Yield
6%
NOI
£58,346
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,638 sq ft
Floor To Floor Height
10 ft
Plot ratio
0.40
Total Plot Size
0.77 ac
Use Class
Commercial
Parking
56 Spaces (4.22 Spaces per 1,000 sq ft Leased)
AMENITIES
- Atrium
- Property Manager on Site
- Central Heating
- Natural Light
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 02392410 | Improvements Assessment | £471,426 |
| Land Assessment | £132,385 | Total Assessment | £603,811 |
PROPERTY TAXES
Parcel Number
02392410
Land Assessment
£132,385
Improvements Assessment
£471,426
Total Assessment
£603,811
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Southridge | 1236 Southridge Ct
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