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307 W 7th St
Fort Worth, TX 76102

$4,698,000 USD

Telecom Hotel Data Hosting Condo For Sale  •  14,627 SF

Property Details

  • Property Type Telecom Hotel Data Hosting
  • Total Building Size 283,618 SF
  • Lot Size 0.47 AC
  • Building Class B
  • Year Built 1929
  • Tenancy Multiple
  • Zoning Mixed Use
65 Transit Score
91 Walk Score

1 Unit Available

Name Condo Use Size Price Details
3rd Floor - Unit B Office 14,627 SF $4,698,000 USD
  • Unit Size: 14,627 SF
  • Condo Use: Office
  • Price: $4,698,000 USD
  • Sale Type: Investment
  • Price/SF: $321.19 USD
Description
Cash-flowing Data Center for sale in Prime Downtown in Fort Worth, Texas.  

The subject property(s) included in the sale are Suites 200, 340 & 350, located inside the Star-Telegram AKA Commerce Building. 

100% occupied and generating over $558K per year Gross Income.

This prestigious 19-story building in downtown Fort Worth presents a unique opportunity to acquire 3 suites totaling 14,627 SF Net Leasable.

Currently, 14,627 sqft is occupied by 3 long-term Data Tenants, providing stable income and investment potential.

Sale Notes
Cap Rate based on Average Net Income between Year 1 through Year 5.

NDA required for Rent Roll, Lease Agreements and Profit Loss

Description 

Star-Telegram 19 story highrise is located on West 7th Street between Taylor Street and Throckmorton Street in the center of the Fort Worth Central Business District.
Star Telegram Building was built in 1929 – first 6 floors; 1934 – floors 7 - 19, then remodeled in 1964 by Butcher & Sweeney.

Public Transportation

Commuter RailDriveWalkDistance
Fort Worth Intermodal Transportation Center (Itc) (Trinity Railway Express - Dallas Area Rapid Transit (DART)) 2 min 10 min 0.5 mi
Texas And Pacific (T&P) (Trinity Railway Express - Dallas Area Rapid Transit (DART)) 3 min 16 min 0.8 mi
Transit/SubwayDriveWalkDistance
Fort Worth Central Station (TEXRail - Trinity Metro) 2 min 8 min 0.5 mi
Fort Worth T&P Station (TEXRail - Trinity Metro) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Dallas-Fort Worth International 33 min - 25.1 mi
Dallas Love Field 44 min - 33.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
John Williams 214-960-6915 Eiffel Investments Capital
John Williams 214-960-6915 Eiffel Investments Capital