- For Sale Contact for pricing
- Property Type Office
- Property Size 8,942 SF
- Lot Size 1.78 Acre
- Parking Spaces Avail. 46
- Parking Ratio 5.20 / 1,000 SF
- Building Class B
- Year Built 1990
- Date Updated Oct 7, 2026
Description
114 Sproles Drive presents a rare opportunity to acquire a stabilized, income-producing medical office asset in one of the fastest-growing corridors of Southwest Fort Worth. This 8,942-square-foot, single-story building is 100% occupied and anchored by Texas Health Resources, a dominant regional healthcare system with a long-standing presence at the property, delivering reliable tenancy and consistent patient-driven traffic.
The property offers durable, predictable cash flow supported by investor-favorable lease structures, including NNN and expense-protected leases designed to hedge against rising operating costs. With a weighted average lease term of approximately 3.8 years and built-in rent escalations, investors benefit from both near-term income stability and future growth potential.
Purpose-built for medical use, the building features a highly functional layout, efficient patient flow, and a strong parking ratio of 5.2 per 1,000 SF, enhancing tenant retention and long-term usability. Recent capital improvements and suite renovations further position the asset as a modern, community-focused healthcare destination.
Strategically located just off U.S. Highway 377 with immediate access to Interstate 20, the property offers exceptional visibility and connectivity within a rapidly expanding retail and residential corridor. Surrounded by significant population growth, new master-planned communities, and ongoing commercial development, 114 Sproles Drive is well-positioned to capitalize on increasing demand for outpatient medical services in the West Fort Worth market.
With a strong healthcare anchor, complementary tenancy, and embedded upside through future lease conversions to full NNN structures, this asset represents an attractive blend of stability, growth, and long-term value creation
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Contacts
Bradford
Location
Bradford