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Phelps Building 8805 N Tarrant Pky 5,988 SF 100% Leased Office Building North Richland Hills, TX 76182 For Sale
Investment Highlights
- Ideal for a wide variety of uses
Executive Summary
A 5,985 sq. ft. medical office building constructed in 2020 occucupied by a Orthodontist and Counseling Associates Tenants. The building is located in the thriving Northeast Tarrant County Market near the interestection of Davis Blvd and North Tarrant Blvd. surrounded by Reatil and Medical uses. Priced below replacement cost.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,988 SF
Building Class
B
Year Built
2019
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,988 SF
Building FAR
0.16
Lot Size
0.87 AC
Zoning
Commercial - Commercial Zoning
Parking
31 Spaces (5.18 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- North Texas Counseling Associates
- Health Care and Social Assistance
- 2,031 SF
- $28.71 CAD
- Triple Net
- Nov 2026
- Tardy Orthodontics, P.C.
- Health Care and Social Assistance
- 3,954 SF
- $28.71 CAD
- Triple Net
- Jan 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| North Texas Counseling Associates | Health Care and Social Assistance | 2,031 SF | $28.71 CAD | Triple Net | Nov 2026 | |
| Tardy Orthodontics, P.C. | Health Care and Social Assistance | 3,954 SF | $28.71 CAD | Triple Net | Jan 2028 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 42641886 | Improvements Assessment | $1,313,379 CAD |
| Land Assessment | $504,417 CAD | Total Assessment | $1,817,796 CAD |
Property Taxes
Parcel Number
42641886
Land Assessment
$504,417 CAD
Improvements Assessment
$1,313,379 CAD
Total Assessment
$1,817,796 CAD
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Phelps Building | 8805 N Tarrant Pky
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