DESCRIPTION: The 86,000± sq. ft. Rosemont Building is located in the Hurst-Euless-Bedford (HEB) area with a location strategic to Dallas-Fort Worth International Airport and central business districts of both Dallas and Fort Worth. The five-story office building has a 15,554± sq. ft. gross floor area per floor which could be used for a single or multiple tenants. A 7,511± sq. ft., one-story annex with basement for storage is attached to the building. There is underground parking for 22 cars in the basement area of the main building, which also has storage areas. The surface parking contains a total of 410 spaces. There is a 32,500± sq. ft. undeveloped site in the parking lot area with frontage on Northridge Drive that could accommodate additional development. The Rosemont Building has been used by a national insurance company as a processing center and is currently vacant. Current rental rates in the HEB market area for comparable office space are $13 to $15 per sq. ft., plus electricity costs.

The Rosemont Building was constructed in 1985 and is in good condition. Acquisition of the Rosemont Building and 5.65± acre site at the reserve price of $29.90 per sq. ft. offers an investment opportunity in a strategic location at a significant discount with the added benefit of seller financing.