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Tower Annex

Off-Market

500 Taylor Street, Fort Worth, TX 76102

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 189,564 Sqft
  • Lot Size 2.3 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1972

Location

  • City Fort Worth, TX
  • Neighborhood Downtown Fort Worth
  • Zip Code 76102
  • Market Dallas Fort Worth

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Fort Worth

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Fort Worth Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $23.18
  • 2020 Office Vacancy Rate 12.62%
  • 2020 Office Completions (Sqft) 117,326

Fort Worth Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $237.34
  • Y-o-Y Avg. PpSF Change 6.01%
  • 2020 Office Sales Volume $171.6M
  • 2020 Number of Transactions 6
View more Fort Worth market trends

Tax

  • Property Tax in 2021 $506,688
  • Market Value $18,850,000
  • Assessed Value $18,850,000

Find more tax info, including assessment history and abatements, on CommercialEdge

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