6815 Manhattan Blvd, Fort Worth, TX 76120

$3,990,000

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List Price
$3,990,000
Status
ACTIVE
MLS#
21424168
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1983
Lot Size
43,995
Acres
1.01
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

Taxes
$31,742
Flooring
Carpet, Combination, Vinyl
Heating
Central
Air Conditioning
Central Air, Electric
Roof
Flat
Foundation
Slab
Parking Features
Parking Lot

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Calculator source: Real Geeks

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

Listings 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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