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307 W 7th St - Data Center 100% Occupied Long Term Cash Flow

14,627 SF Office Condo Unit Offered at $4,698,000 in Fort Worth, TX 76102

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Executive Summary

Star-Telegram 19 story highrise is located on West 7th Street between Taylor Street and Throckmorton Street in the center of the Fort Worth Central Business District. Star Telegram Building was built in 1929 – first 6 floors; 1934 – floors 7 - 19, then remodeled in 1964 by Butcher & Sweeney.

Property Facts

Price	$4,698,000	Building Class	B
Unit Size	14,627 SF	Floors	19
No. Units	1	Typical Floor Size	14,927 SF
Total Building Size	283,618 SF	Year Built	1929
Property Type	Office (Condo)	Lot Size	0.47 AC
Property Subtype	Telecom Hotel/Data Hosting Flex Telecom Hotel Data Hosting	Parking Ratio	1.94/1,000 SF
Sale Type	Investment

Price	$4,698,000
Unit Size	14,627 SF
No. Units	1
Total Building Size	283,618 SF
Property Type	Office (Condo)
Property Subtype	Telecom Hotel/Data Hosting Flex Telecom Hotel Data Hosting
Sale Type	Investment
Building Class	B
Floors	19
Typical Floor Size	14,927 SF
Year Built	1929
Lot Size	0.47 AC
Parking Ratio	1.94/1,000 SF

1 Unit Available

Unit B

Unit Size	14,627 SF	Sale Type	Investment
Price	$4,698,000	Cap Rate	5.32%
Price Per SF	$321.19	NOI	$250,000
Condo Use	Office

Unit Size	14,627 SF
Price	$4,698,000
Price Per SF	$321.19
Condo Use	Office
Sale Type	Investment
Cap Rate	5.32%
NOI	$250,000

Description

Cash-flowing Data Center for sale in Prime Downtown in Fort Worth, Texas.

The subject property(s) included in the sale are Suites 200, 340 & 350, located inside the Star-Telegram AKA Commerce Building.

100% occupied and generating over $558K per year Gross Income.

This prestigious 19-story building in downtown Fort Worth presents a unique opportunity to acquire 3 suites totaling 14,627 SF Net Leasable.

Currently, 14,627 sqft is occupied by 3 long-term Data Tenants, providing stable income and investment potential.

Sale Notes

Cap Rate based on Average Net Income between Year 1 through Year 5.

NDA required for Rent Roll, Lease Agreements and Profit Loss

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307 W 7th St, Fort Worth, TX - aerial map view - Image1

307 W 7th St, Fort Worth, TX - aerial map view - Image2

Walk Score ®

Walker's Paradise (91)

Bike Score ®

Very Bikeable (82)

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

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of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

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zoning

Zoning Code	Mixed Use (Mixed Use - Data Center, Office, Residential, Hotel, Parking, etc)
Mixed Use (Mixed Use - Data Center, Office, Residential, Hotel, Parking, etc)