6815 Manhattan Blvd, Fort Worth, TX 76120

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List Price
$3,990,000
MLS#
21424168
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1983
Construction Status
Preowned
Acres
1.01
County
Tarrant
City
Fort Worth
Subdivision
Gramercy Place Add

Property Description

Gramercy is a four-story multi-tenant office building with approximately 56,236 SF located in East Fort Worth with quick access to I-30 and Loop 820. Its strategic central position offers rapid connectivity to Downtown Fort Worth, Arlington,Grand Prairie, and Dallas, making it an exceptionally convenient hub for a tenant’s clientele base and an attractive draw from a tenant-retention standpoint. The property offers strong in-place cash flow at roughly 75% occupancy. A previous remodel introduced key amenities including updated common areas, conference facilities, and an on-site fitness room, which is now complemented by over $800,000 in recent capital improvements that delivered modern software for tenant after-hours access via a mobile app alongside significant building system upgrades. Offered strictly on an As-Is, Where-Is basis, Gramercy gives an incoming buyer a stabilized, income-generating asset with immediate upside through leasing the remaining vacant space and adjusting rents to market. Full due diligence package with P&L, capex records, and rent rolls available upon​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ request.

Additional Information

Unexempt Taxes
$31,742
Tenant Pays
AllUtilities, Insurance, JanitorialService, PestControl
Lot Size
43,995
Acres
1.01
Flooring
Carpet, Combination, Vinyl
Foundation
Slab
Roof
Flat
Building Stories
4
Parking Garage
Parking Lot
Possession
CloseOfEscrow
Business Name
Seedbase, LLC
Proposed Use
Medical/Dental, Office, Retail
Inclusions
Business, Land & Improvements
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Daniel Resendez from Peak Results Realty. Contact: 469-880-4050

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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