Office
Norwood Office Park
1550 Norwood Dr, Hurst, TX 76054
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to offer for sale The Norwood Office Park , a beautiful high-quality office park, constructed in 1985, with general business and health sector tenants. The property contains approximately 42,946 leasable square feet and is located in the middle of the DFW Metroplex, mere minutes from both downtown Dallas and Fort Worth.
The prominent, office buildings offer an immediate opportunity to increase revenue through leasing of available suites and rental rate increases. At 69 percent occupancy, Norwood Office Park benefits from a diverse mix of tenants and in-place cash flow. The building presents a rare opportunity to acquire a high-performing medical office park with current cash flows.
Norwood Office Park has a convenient and accessible location being adjacent to State Highway 183. The property is a very well-maintained building and offers strong demographics serving a five-mile population of over 355,995 and a one-mile average household income exceeding $104,204.
Investment Highlights
- Best Offer
- Great Asset for Investor or Owner-User
- Densely Populated Area Serving A Five-Mile Population Of Over 355,995
- Outstanding Location Located Adjacent to I-183
- Well-Maintained Class "B" Office Park
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- Best Offer
- Great Asset for Investor or Owner-User
- Densely Populated Area Serving A Five-Mile Population Of Over 355,995
- Outstanding Location Located Adjacent to I-183
- Well-Maintained Class "B" Office Park
Investment Overview
Marcus & Millichap is pleased to offer for sale The Norwood Office Park , a beautiful high-quality office park, constructed in 1985, with general business and health sector tenants. The property contains approximately 42,946 leasable square feet and is located in the middle of the DFW Metroplex, mere minutes from both downtown Dallas and Fort Worth. The prominent, office buildings offer an immediate opportunity to increase revenue through leasing of available suites and rental rate increases. At 69 percent occupancy, Norwood Office Park benefits from a diverse mix of tenants and in-place cash flow. The building presents a rare opportunity to acquire a high-performing medical office park with current cash flows. Norwood Office Park has a convenient and accessible location being adjacent to State Highway 183. The property is a very well-maintained building and offers strong demographics serving a five-mile population of over 355,995 and a one-mile average household income exceeding $104,204.