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3455 NE Loop 820

16,985 SF Office Building Fort Worth, TX 76137 $3,100,000 ($183/SF)

INVESTMENT HIGHLIGHTS

  • Situated with direct access to Loop 820, this property offers excellent freeway exposure to I-35W & SH-121, placing it in a major business corridor.
  • The surrounding area includes a mix of office space, retail centers, and industrial facilities supporting an environment for business of all types.
  • This property boasts ample parking, a new roof installed in 2024 and high quality brick construction.
  • In this prominent area, there is an expected population growth of 6.44% and an expected household growth of 6.38% over the next 4 years.

EXECUTIVE SUMMARY

Great Owner/User opportunity for company needing some time to get their plans to relocate determined while short term tenant is paying rent.
Current tenant is TeamGlobal LLC - current lease term expires July 31, 2026 and has 2.5% annual rent increases.
Owner installed brand new roof with warranty in 2024.
Great location with frontage on Loop 820 with over 114k VPD offering excellent freeway exposure.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
16,985 SF
Building Class
B
Year Built
1990
Price
$3,100,000
Price Per SF
$183
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,985 SF
Building FAR
0.16
Lot Size
2.40 AC
Zoning
K, Fort Worth
Parking
120 Spaces (7 Spaces per 1,000 SF Leased)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
9,562
99,412
279,351
2024 Population
10,344
100,048
283,768
Population Growth '20-'24
8.2%
0.6%
1.6%
2020 Households
4,429
35,713
96,264
2024 Households
4,748
35,856
97,838
Household Growth '20-'24
7.2%
0.4%
1.6%
Average Age
34
36
36
Median Household Income
$58,592
$67,983
$71,891
Daytime Employees
4,964
34,584
97,718
Total Businesses
312
3,018
10,865
College Degree + Higher
25%
21%
24%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06261701
Land Assessment
$1,041,080
Improvements Assessment
$708,920
Total Assessment
$1,750,000
  • Listing ID: 32557668

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 3455 NE Loop 820, Fort Worth, TX 76137

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