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1121 5TH AVE FORT WORTH, TEXAS 76102

N O R T H E R N R E A L T Y G R O U P1253 West Magnolia Avenue

Fort Worth, TX 76104

P R E S E N T E D B Y W I L L N O R T H E R NBroker-Owner

817-920-0000 Office | 817-454-8506 Direct

[email protected]

FOR SALE: MIXED-USE BUILDING16

OFFERING MEMORANDIUM

1253 W. Magnolia Ave. Fort Worth, TX 76104 | northernrealtygroup.com

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CONFIDENTIALITY & DISCLAIMERFORT WORTH, TEXASAll material and information received or derived from Northern Realty Group, its directors, o�cers, agents, advisors, a�liates and/or any third party sources are provided without representation or warrant as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Northern Realty Group, its directors, o�cers, agents, advisors or a�liates make any representation or warranty, express or implied, as to accuracy or completeness of any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Northern Realty Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Northern Realty Group makes no warranties and/or representatives regarding the veracity, completeness or relevance of any financial data or assumptions. Northern Realty Group does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may di�er from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title o�cer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Fort Worth in compliance with all applicable fair housing and equal opportunity laws.

P R E S E N T E D B Y W I L L N O R T H E R NBroker-Owner

817-920-0000 Office | 817-454-8506 Direct

[email protected]

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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OFFERING MEMORANDIUM


P R O P E R T Y O V E R V I E WThis centrally located, mixed-use property is in the heart of

Near Southside, just one block north of West Magnolia

Avenue on 5th Avenue. This location offers quick access to

I30 and I35. The ground floor currently contains five studio

offices, plus a copy room, break room and reception area.

The second floor contains two studio apartments,

approximately 775 SF each, which could also be used as

offices. This mixed-use building is ideal for office, medical,

retail or residential.

P R O P E R T Y F E A T U R E S• Close proximity to Medical District, I30 and I35W

• One owner-occupant since built in 2011

• Hardwood floors in apartments

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EXECUTIVE SUMMARY

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S A L E P R I C E : $850,000

B U I L D I N G S I Z E : 3,264 SF

L O T S I Z E : 4,900 SF

Y E A R B U I L T : 2011

P A R K I N G : 4 SPOTS,

PLUS STREET PARKING



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P R I C E : $850,000

S T R E E T A D D R E S S : 1121 5TH AVENUE FORT WORTH, TX 76104

P R O P E R T Y T Y P E : MIXED-USE

B U I L D I N G S I Z E : 3,264 SF

P A R C E L S I Z E : 4,900 SF

O C C U P A N C Y : OWNER OCCUPIED

Y E A R B U I L T : 2011

C O N S T R U C T I O N T Y P E : BRICK

F O U N D A T I O N : CONCRETE SLAB

P A R K I N G : CONCRETE SURFACE, 4 SPACES, STREET PARKING

I N T E R I O R : DRYWALL

Z O N I N G : NS-T4


PROPERTY DETAILS


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ADDITIONAL PHOTOS


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ADDITIONAL PHOTOS


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ADDITIONAL PHOTOS


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ADDITIONAL PHOTOS


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ADDITIONAL PHOTOS


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SITE PLAN


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FLOOR PLAN


3 5 W

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3 0


LOCATION MAPS


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W M A G N O L I A AV E

W R O S E D A L E S T


LOCATION MAPS


3 5 W

3 5 W

3 5 W

DEMOGRAPHICS


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P O P U L A T I O N 1 M I L E 3 M I L E S 5 M I L E S

10,235 97,270 280,2002017 POPULATION

10,953 104,745 301,2322022 POPULATION

H O U S E H O L D S 1 M I L E 3 M I L E S 5 M I L E S

4,061 36,089 95,9272017 HOUSEHOLDS

6.70% 8.09% 10,953HH GROWTH 2017-2022

7.02% 7.68% 7.51%POP GROWTH 2017-2022

38.60 34.70 34.60AVERAGE AGE

Named the winner of Best Real Estate Company in

Indulge Magazine’s 2016 Posh Awards and the 2015

Best Place to Work - Boutique Category by Fort Worth

Business, Northern Realty Group is a locally-owned, full

service real estate brokerage providing residential &

commercial brokerage and residential property

management services to the greater Fort Worth

community.

Owner-broker Will Northern spearheads the firms three

divisions, leading a strong team of relationship focused

REALTORs who provide the highest level of service for

an unmatched client experience. Featured as a top DFW

REALTOR in Money magazine, Will uses his extensive

knowledge of the real estate industry to advise both

clients and agents, while serving as Zoning

Commissioner for District 1 for the City of Fort Worth and

staying actively involved in revitalization efforts in Fort

Worth’s urban villages and historic areas.

Each of Northern Realty Group’s agents serve as a real

estate advisor to share pertinent resources, provide an unbiased opinion, and facilitate the buying and

selling process with ease for clients. Together, their team utilizes their talents and creative marketing

strategies to successfully sell, lease and help clients find a great new place to call home.

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ABOUT REALTOR WILL NORTHERN


C O W T O W N C Y C L EOFFICESite Selection

4,950 Lot SF

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TENANT REPRESENTATION & BUYER/USER TRANSACTIONS


M 2 GMIXED USE RETAIL/OFFICEPrivate Real Estate Investment

7,500 SF

C H E Y E N N E C O N S T R U C T I O NMIXED USE RETAIL/OFFICEHistoric Rehab/Private Investment

23,487 SF

M I D I C IRETAIL/RESTAURANTTenant Representation

4,206 SF

G U S ’ S F R I E D C H I C K E NRESTAURANTTenant Representation

2,860 SF

T C I D AOFFICEBuyer Representation

3,696 SF

C O N S I L I U M P R O P E R T I E S , L L CWAREHOUSE/FLEXBuyer Representation

17,436 SF

V E L O C I SOFFICEBuyer Representation

89,727 SF

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CLOSED SALES TRANSACTIONS


710 S MAINMixed Use Retail/Office

17,500 SF

Represented Seller & Buyer

622 HEMPHILLMixed Use Retail/Office

4,400 SF


OLD ANNETTA RDSingle Family Development

99.6 Acres

Represented Buyer

1320 & 1324 MAY STMulti Family Development

12 Condo Units


1212 E LANCASTER AVEMixed Use Retail/Office

23,487 SF


1316 E LANCASTER AVEMixed Use Retail/Office/Warehouse

89,875 SF land, 33,000 SF building

Represented Seller

712 MAY STMixed Use Retail/Residential

5,270 SF


1307 8TH AVEMOB

185,890 SF

Represented Buyer

RACE ST ASSEMBLAGECommercial Land

184,811 SF


1324 E LANCASTERMixed Use Retail

20,000 SF


1065 MAGNOLIA AVEMixed Use Retail/Office

6,580 SF


1124/1125 COLLEGE AVEMixed Use Retail/Office

6,436 SF

Represented Seller

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