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1237 Southridge Ct

13,111 SF 47% Leased Office Building Hurst, TX 76053 £1,029,903 (£79/SF)

INVESTMENT HIGHLIGHTS

  • Priced well below replacement cost
  • Historically stable rental income
  • Mid-Cities area location
  • 13,111 SF building, 19 lease spaces

EXECUTIVE SUMMARY

This two story office building has been well maintained with a stable occupancy for many years. There is upside potential with rental increases and recapture utility charges. Current occupancy is 66.6% allowing for owner to occupy vacant spaces or to lease out at market rates. The property remained 100% occupied in 2022. Current tenant occupancy is a diverse mix of users. The property consists of a mixture of different office sizes from smaller executive offices to larger multi room office spaces. Property located off of Bedford Euless Rd, providing convenient access to Hwy 183 and Loop 820.
-Priced well below replacement cost
-Mid-Cities area location
-13,111 SF building, 19 lease spaces
-Historically stable rental income

ATTACHMENTS

Ridgewood_Square_Office_Building-C

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,111 SF
Building Class
B
Year Built
1985
Price
£1,029,903
Price Per SF
£79
Percent Leased
47%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,556 SF
Slab to Slab
10 ft
Building FAR
0.38
Lot Size
0.79 AC
Zoning
F1 - Commercial
Parking
57 Spaces (4.35 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Skylights
  • Kitchen
  • Reception
  • Storage Space
  • Central Heating
  • Natural Light
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100-D
  • 297 SF
  • Office
  • Full Build-Out
  • Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

  • 1st Fl-Ste 102
  • 3,041 SF
  • Office/Medical
  • Full Build-Out
  • Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

  • 2nd Fl-Ste 202
  • 528 SF
  • Office
  • Full Build-Out
  • Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

Space Size Space Use Condition Available
1st Fl-Ste 100-D 297 SF Office Full Build-Out Now
1st Fl-Ste 102 3,041 SF Office/Medical Full Build-Out Now
2nd Fl-Ste 202 528 SF Office Full Build-Out Now

1st Fl-Ste 100-D

Size
297 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 102

Size
3,041 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 202

Size
528 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100-D

Size 297 SF
Space Use Office
Condition Full Build-Out
Available Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

1st Fl-Ste 102

Size 3,041 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

2nd Fl-Ste 202

Size 528 SF
Space Use Office
Condition Full Build-Out
Available Now

This multi-tenant office complex offers a great opportunity for any business owner looking to lease a suite in prime location with 24/7 building access.

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PROPERTY TAXES

Parcel Number 02392402 Improvements Assessment £348,854
Land Assessment £144,227 Total Assessment £493,081

PROPERTY TAXES

Parcel Number
02392402
Land Assessment
£144,227
Improvements Assessment
£348,854
Total Assessment
£493,081
(817) 319-5768

CONTACTS

  • Listing ID: 31904101

  • Date on Market: 23/05/2024

  • Last Updated:

  • Address: 1237 Southridge Ct, Hurst, TX 76053

The Office Property at 1237 Southridge Ct, Hurst, TX 76053 is currently available for sale. Contact SVN | Trinity Advisors for more information.

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1237 Southridge Ct
(817) 319-5768 x

1237 Southridge Ct

1/2

James Blake

(817) 319-5768

(817) 319-5768

Andrew Banken

(817) 288-5525

(817) 288-5525

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