New ListingGramercy 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.
| MLS # | 21424168 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Building Name | Seedbase, LLC |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 2 |
| Listing Provided By | Peak Results Realty | Daniel Resendez |
| SQ Feet | 56,236 |
|---|---|
| Story(s) | 4 |
| Zoning | E - Neighborhood Commercial |
| Acreage | 1.01 |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central |
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detector(s), Fire Alarm, Security System, Security System Owned, Smoke Detector(s) |
| Construction Materials | Concrete, Stucco |
| Foundation Details | Slab |
| Parking Features | Parking Lot |
|---|
| Utilities | City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Gas Meter, Master Water Meter, Phone Available |
|---|
| Unexempt Taxes | 31742 |
|---|---|
| Tax Lot | 2 |
| Tax Block | 2 |
| Tax Legal Description | GRAMERCY PLACE ADDITION BLOCK 2 LOT 2 & 3 |
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76120 |
| Area | Tarrant |
| Community Name | Gramercy Place Add |
| Listing VS Median (in Gramercy Place Add) | |
Price: $3,990,000 low | high Med: $1,995,198 sqft: 56,236 low | high Med: 28,818 $ / sqft: $71 low | high Med: $36 On site: 2 low | high Med: 410 | |
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76120 |
| Area | Tarrant |
| Community Name | Gramercy Place Add |
| Listing VS Median (in Gramercy Place Add) | |
Price: $3,990,000 low | high Med: $1,995,198 sqft: 56,236 low | high Med: 28,818 $ / sqft: $71 low | high Med: $36 On site: 2 low | high Med: 410 | |