Fort Worth, TX 76110 2512 Hemphill Street
$1,700,000
4 more
Presented By: Stephanie Bunn with Century 21 Mike Bowman, Inc.; 817-354-7653
SQFT • 8,100
Home Details
This street-front, high-traffic property on Hemphill St. has new lighting, electrical, plumbing, paint, polished concrete floors, and landscaping. It’s offer at an above market CAP rate of 6.52% in a NNN lease with annual escalations and two 36-month renewals positions this building as a prime investment opportunity at $1.7M. This 8,100 SF building hosts two offices, a breakroom, two ADA compliant bathrooms, a reception, and a 6,377 SF supply area fed by 120 208V 3 phase power. One new 10-ton HVAC and gas hot water heater was installed early 2022 along with the other interior MEPs. The TPO roof is in good condition. The 12 car parking lot and 2 street spaces is deal for last mile services.
This cash flowing property delivers a good balance of financial stability and ample opportunity to obtain a higher yield with the current tenant, DashMart, a subsidiary of DoorDash, Inc., who is of great creditworthiness.
Presented By: Stephanie Bunn with Century 21 Mike Bowman, Inc.; 817-354-7653
Interior Features for 2512 Hemphill Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Total Stories2
General for 2512 Hemphill Street
AccessibilityAccessibleDoors, AccessibleEntrance
Additional Parcels Y/NNo
Attached Garage No
AttributionContact817-354-7653
Business NameDashMart
Business TypeCommercial, ConvenienceStore, Distribution, FoodAndBeverage, Grocery, HealthFood, OfficeSupply, Retail, SportingGoods, Toys, Warehouse, Wholesale, Storage
Carport Y/NNo
CityFort Worth
Community FeaturesCurbs, Sidewalks
Construction MaterialsBrick
CoolingCentralAir, Electric
CountyTarrant
DirectionsFrom I-35W. Take Exit 52A for Rosedale Street. Turn right onto Rosedale Street. Continue straight on Rosedale Street for about 1 mile. Turn left onto Hemphill Street. Continue straight on Hemphill St
Electric On Property Y/NNo
Garage Y/NNo
Gross Income147365.0
HOANo
HeatingNaturalGas
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area8100.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHODGE, C T ADDITION LOT 4A & 5 LESS ROW
Lot Size Square Feet14549.04
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-30T18:33:31.767-00:00
Net Operating Income110861.0
New ConstructionNo
Number Of Units Total1
OwnerPaysExteriorMaintenance
PossessionCloseOfEscrow
Possible UseOffice, PlaceOfWorship, Retail, Warehouse, Wholesale
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Synthetic
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Subdivision NameHodge C T Add
Tax Annual Amount16107.0
Tax Lot4A
Tenant PaysAllUtilities, CommonAreaMaintenance, Electricity
UtilitiesElectricityConnected, NaturalGasAvailable, SewerAvailable, SeparateMeters, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1960
Year Built DetailsPreowned
Zoning DescriptionE - Neighborhood Commercial
Exterior for 2512 Hemphill Street
Building Area Total8100.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsBuilding Only
Irrigation Water Rights Y/NNo
Lot Size Acres0.334
Lot Size Area0.334
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesConcrete, DirectAccess, OnSite, Paved, OnStreet
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
