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Creative Office/Retail 701 W Magnolia Ave 1,954 SF of Office/Retail Space Available in Fort Worth, TX 76104
HIGHLIGHTS
- Easily accessible with abundant on-site parking and a strategic location at Magnolia Ave and Hemphill St one mile from I-30 and I-35W.
- Nestled amongst Fort Worth's vibrant medical district with major health systems less than a mile away, ideal for health care support tenants.
- Attractive, inviting frontage, authentic architecture, and unmatched lifestyle options with on-site shopping, dining, and entertainment.
- Claim a spot in Fort Worth's next live-work-play destination, a walkable oasis of boutique shops, chic eateries, elegant modern offices.
- The gateway to vibrant Magnolia Village, The 701 is minutes to Downtown Fort Worth and ideally positioned between five major medical centers.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 707 | 1,954 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 707
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,954 SF | Gross Leasable Area | 14,271 SF |
| Property Type | Retail | Year Built/Renovated | 1929/2016 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 14.01/1,000 SF |
| Total Space Available | 1,954 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 14,271 SF |
| Year Built/Renovated | 1929/2016 |
| Parking Ratio | 14.01/1,000 SF |
ABOUT THE PROPERTY
Located at the gateway to Magnolia Village, The 701 is a historic multi-building revitalization project offering retail, office, and medical space in Fort Worth's popular and fast-growing entertainment district, Near Southside. The mixed-use development includes the renovation of two office/retail buildings and a new three-story office/medical building with ground-floor retail opportunities. Connecting the buildings is La Cava Lane, a stylishly designed pedestrian walkway with lush landscaping and outdoor seating. Strategically located two miles south of Downtown Fort Worth between the city's five major hospitals, The 701 offers business of all types an unmatched destination. With 30,000 employees working in Near Southside, the area is the largest employment center in Tarrant County outside Downtown Fort Worth. Magnolia Avenue is the centerpiece revitalization project of the Near Southside. Today, the district optimizes work-live viability and main street appeal while benefiting from close proximity to historic neighborhoods and the medical district. On Magnolia Avenue, every type of food can be found, from tacos and pizza to Thai food and from fine dining to satisfying grab-and-go fare. Live music and retail shops keep popping up alongside cocktail bars, pubs, and coffee shops.
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
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Creative Office/Retail | 701 W Magnolia Ave
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