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4717 Fletcher Ave

53,564 SF 54% Leased Office Building Fort Worth, TX 76107 £5,399,170 (£100.80/SF)

INVESTMENT HIGHLIGHTS

  • Great User Building with Building Sections
  • Large and Flexible Floor Plan for Customization
  • State-of-the-art Security Features, Including a 24-hour Security System and Keycard Access
  • Prime Location with Easy Access to Major Highways and Public Transportation
  • Ample On-site Parking

EXECUTIVE SUMMARY

PRICE REDUCED. OUTSTANDING OPPORTUNITY. Welcome to 4717 Fletcher Ave in Ft Worth, Texas - a fantastic user building perfect for your office needs!
This beautiful office building boasts a total of 53,564 square feet of space, providing ample room for your business to grow and thrive. The building is located in a prime location, offering easy access to major highways and public transportation, making commuting a breeze for you and your team.
The building features a modern and sleek design, with plenty of natural light flooding the interior. The spacious lobby and common areas are sure to impress your clients and visitors, while the large and flexible floor plan allows you to customize the space to fit your specific needs.
In addition to the stunning interior, the building offers ample on-site parking, making it easy for your team and guests to come and go. The building is also equipped with state-of-the-art security features, including a 24-hour security system and keycard access, ensuring that your business and assets are always safe and secure.
With its prime location, modern design, and state-of-the-art features, 4717 Fletcher Ave is the perfect space for any business looking to take their operations to the next level. Don't miss your chance to make this incredible user building your own - schedule a tour today and see for yourself why this property is the talk of the town!
Total of 53,564 square feet of space
Prime location with easy access to major highways and public transportation
Modern and sleek design with plenty of natural light
Spacious lobby and common areas
Large and flexible floor plan for customization
Ample on-site parking
State-of-the-art security features, including a 24-hour security system and keycard access
These features make 4717 Fletcher Ave the perfect space for any business looking for a user building that is both functional and impressive.
EXISTING TENANT WILL LEASE BACK AT CLOSING 10,000-15,000 SF.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income £929,575 £17.35
Other Income - -
Vacancy Loss - -
Effective Gross Income £929,575 £17.35
Taxes £84,073 £1.57
Operating Expenses £147,552 £2.75
Total Expenses £231,624 £4.32
Net Operating Income £697,951 £13.03

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income
Annual £929,575
Annual Per SF £17.35
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £929,575
Annual Per SF £17.35
Taxes
Annual £84,073
Annual Per SF £1.57
Operating Expenses
Annual £147,552
Annual Per SF £2.75
Total Expenses
Annual £231,624
Annual Per SF £4.32
Net Operating Income
Annual £697,951
Annual Per SF £13.03

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
53,564 SF
Building Class
B
Year Built
1976
Price
£5,399,170
Price Per SF
£100.80
Percent Leased
54%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
48,500 SF
Building FAR
0.80
Lot Size
1.53 AC
Zoning
E - E Commercial
Parking
186 Spaces (3.8 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Signage
  • Kitchen
  • EPC - A
  • Reception
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Outdoor Seating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Marketing Management, Inc.
  • Professional, Scientific, and Technical Services
  • 28,000 SF
  • -
  • -

Marketing Management Inc. (MMI) is a sales and marketing company focused on consumer packaged goods with brand owners and manufacturers of brands. Our suite of services is offered through a collection of companies dedicated to specific functions along the lifecycle of consumer packaged goods. Our focus is not only with new and emerging brands wanting to gain initial distribution into the marketplace, but also with brands that have successfully entered the consumer retail space, but need assistance in managing their business. We help clients plan for expansion across all of North America, including Canada and Mexico. We can start early in the lifecycle with initial brand development, sales planning and the communication of your product’s unique selling propositions (USPs), which we validate through consumer research. Or we can enter the journey after critical distribution has been achieved and your business needs more attention to take advantage of market place opportunities. Whether

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Marketing Management, Inc. Professional, Scientific, and Technical Services 28,000 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,500 SF
  • Office
  • Full Build-Out
  • Now

High-Density Parking: The availability of high-density parking is a significant advantage, as it ensures ample parking space for employees, clients, and guests. Free-Standing Structure: A free-standing office building provides a sense of independence and exclusivity, which can be appealing for businesses looking to establish their presence in the area. Facility Layout: The building offers a diverse range of spaces, including individual offices, conference rooms, meeting and training rooms, break rooms, and open areas for cubicles. This variety of spaces can accommodate various office needs and functions. Versatile Floor Plan: The fact that the floor plan is described as versatile indicates that it can be adapted to different office uses. This flexibility is crucial as it allows businesses to customize the space according to their specific requirements. Adaptive Office Use: The mention of an adaptive office use highlights that the building can cater to a wide range of businesses and industries. This flexibility could be advantageous for businesses with evolving needs. Before making any leasing decisions, it's essential to consider a few additional factors: Lease Terms: Understand the terms of the lease, including the length, rent, and any additional costs. Building Maintenance: Inquire about the maintenance of the building, including any responsibilities for repairs and upkeep. Local Business Environment: Research the surrounding area to ensure it aligns with your business's needs and target market. Amenities: Check if the building offers any additional amenities, such as security, access to public transportation, or nearby dining options. It's recommended to visit the property in person, discuss your specific needs with the leasing agent, and review the lease agreement carefully to make an informed decision about whether the Fletcher office building is the right fit for your business.

Space Size Space Use Condition Available
1st Floor 5,500 SF Office Full Build-Out Now

1st Floor

Size
5,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 5,500 SF
Space Use Office
Condition Full Build-Out
Available Now

High-Density Parking: The availability of high-density parking is a significant advantage, as it ensures ample parking space for employees, clients, and guests. Free-Standing Structure: A free-standing office building provides a sense of independence and exclusivity, which can be appealing for businesses looking to establish their presence in the area. Facility Layout: The building offers a diverse range of spaces, including individual offices, conference rooms, meeting and training rooms, break rooms, and open areas for cubicles. This variety of spaces can accommodate various office needs and functions. Versatile Floor Plan: The fact that the floor plan is described as versatile indicates that it can be adapted to different office uses. This flexibility is crucial as it allows businesses to customize the space according to their specific requirements. Adaptive Office Use: The mention of an adaptive office use highlights that the building can cater to a wide range of businesses and industries. This flexibility could be advantageous for businesses with evolving needs. Before making any leasing decisions, it's essential to consider a few additional factors: Lease Terms: Understand the terms of the lease, including the length, rent, and any additional costs. Building Maintenance: Inquire about the maintenance of the building, including any responsibilities for repairs and upkeep. Local Business Environment: Research the surrounding area to ensure it aligns with your business's needs and target market. Amenities: Check if the building offers any additional amenities, such as security, access to public transportation, or nearby dining options. It's recommended to visit the property in person, discuss your specific needs with the leasing agent, and review the lease agreement carefully to make an informed decision about whether the Fletcher office building is the right fit for your business.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06570003
Land Assessment
£206,122
Improvements Assessment
£3,125,920
Total Assessment
£3,332,042
Annual Taxes
£84,073 (£1.57/sf)
Tax Year
2024 Payable 2024
  • Listing ID: 29991786

  • Date on Market: 07/11/2023

  • Last Updated:

  • Address: 4717 Fletcher Ave, Fort Worth, TX 76107

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