8501 Mid Cities Blvd
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8501 Mid Cities Blvd
5,086 SF 100% Leased Office Building North Richland Hills, TX 76182 $1,867,000 ($367/SF) 5.36% Cap Rate
Investment Highlights
- Mid-Cities Blvd. frontage - excellent visibility.
- Prominent, lighted intersection (Mid-Cities Blvd. & Amundson Dr.).
- Located directly in front of new Stonecreek Assisted Living Center and within minutes of multiple area hospitals.
- Monument and building signage available.
- Leased to healthcare-related businesses and other high-end professional office use.
Executive Summary
NEW CONSTRUCTION - FULLY BUILT-OUT - 100% Leased!
8501 Mid-Cities Blvd. is the first of 3 medical/office buildings in Stonecreek Office Park. The 2-tenant building occupies a hard corner and has been beautifully constructed and fully finished out with an eye for functional design and an abundance of natural light. Ideal for a medical/dental group or other high-end professional office use with only one available suite remaining!
Stonecreek Office Park is centrally located in the Mid-Cities, directly in front of Stonecreek Assisted Living Center, with easy freeway access and just minutes to multiple area hospitals. The buildings boast direct exposure to Mid-Cities Blvd., with building and monument signage visible to over 22,000 daily drivers. Located at the stoplighted intersection of Mid-Cities Blvd. and Amundson Dr., Stonecreek Office Park is just 1 mile from multiple major retailers and restaurants. Outdoor enthusiasts will appreciate access to the Walker's Creek Trail located directly adjacent to Stonecreek Office Park.
8501 Mid-Cities Blvd. is the first of 3 medical/office buildings in Stonecreek Office Park. The 2-tenant building occupies a hard corner and has been beautifully constructed and fully finished out with an eye for functional design and an abundance of natural light. Ideal for a medical/dental group or other high-end professional office use with only one available suite remaining!
Stonecreek Office Park is centrally located in the Mid-Cities, directly in front of Stonecreek Assisted Living Center, with easy freeway access and just minutes to multiple area hospitals. The buildings boast direct exposure to Mid-Cities Blvd., with building and monument signage visible to over 22,000 daily drivers. Located at the stoplighted intersection of Mid-Cities Blvd. and Amundson Dr., Stonecreek Office Park is just 1 mile from multiple major retailers and restaurants. Outdoor enthusiasts will appreciate access to the Walker's Creek Trail located directly adjacent to Stonecreek Office Park.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,086 SF
Building Class
B
Year Built
2020
Price
$1,867,000
Price Per SF
$367
Cap Rate
5.36%
NOI
$100,071
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,086 SF
Building FAR
0.17
Land Acres
0.67 AC
Zoning
O-1 - Medical and Professional Office Uses Permitted
Amenities
- 24 Hour Access
- Kitchen
- Natural Light
- Reception
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PROPERTY TAXES
| Parcel Number | 42447753 | Improvements Assessment | $1,347,385 |
| Land Assessment | $263,565 | Total Assessment | $1,610,950 |
PROPERTY TAXES
Parcel Number
42447753
Land Assessment
$263,565
Improvements Assessment
$1,347,385
Total Assessment
$1,610,950
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Russ Webb -
LeAnn Brown -
Silver Oak Commercial Realty
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8501 Mid Cities Blvd
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