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INVESTMENT HIGHLIGHTS
- ±32,000 SF, Class A Office Building
- 4.99 Acres
- Building & Monument Signage
- Owner/User or Investment
- Corporate high end, contemporary finishes
- Located on Grace Lane, near SH 114 and Carroll Ave
EXECUTIVE SUMMARY
1021 Grace Lane in Southlake, Texas is a premier Class A office building offering a rare opportunity for an owner/user or investor in one of North Texas’ most desirable markets. Built in 2023, the ±32,000-square-foot property sits on approximately ±0.49 acres and showcases high-end, contemporary finishes throughout — including a sleek lobby, glass storefronts, and polished common areas. The building’s modern design and efficient floorplates make it ideal for a single-tenant corporate headquarters or a multi-tenant professional office setting, appealing to a wide range of users such as executive, financial or creative firms.
Situated just off State Highway 114 and Carroll Avenue, the property offers excellent visibility, accessibility, and proximity to key business corridors across the Dallas–Fort Worth area, including DFW International Airport and surrounding corporate hubs in Grapevine, Colleyville, and Westlake. Excellent proximity to nearby dining, retail, and lifestyle amenities — including Southlake Town Square — creating an attractive live-work-play environment.
Southlake continues to experience strong growth, supported by exceptional demographics and a robust local economy. The city’s affluent population, highly rated schools, and amenity-rich environment have made it one of the most sought-after suburban office markets in North Texas. As a result, demand for high-quality professional office space remains strong, especially among businesses seeking to establish a prominent presence in a prestigious community.
With its modern construction, upscale finishes, and unmatched Southlake location, 1021 Grace Lane represents a rare opportunity to own or invest in a Class A asset with lasting appeal and minimal near-term capital needs.
Situated just off State Highway 114 and Carroll Avenue, the property offers excellent visibility, accessibility, and proximity to key business corridors across the Dallas–Fort Worth area, including DFW International Airport and surrounding corporate hubs in Grapevine, Colleyville, and Westlake. Excellent proximity to nearby dining, retail, and lifestyle amenities — including Southlake Town Square — creating an attractive live-work-play environment.
Southlake continues to experience strong growth, supported by exceptional demographics and a robust local economy. The city’s affluent population, highly rated schools, and amenity-rich environment have made it one of the most sought-after suburban office markets in North Texas. As a result, demand for high-quality professional office space remains strong, especially among businesses seeking to establish a prominent presence in a prestigious community.
With its modern construction, upscale finishes, and unmatched Southlake location, 1021 Grace Lane represents a rare opportunity to own or invest in a Class A asset with lasting appeal and minimal near-term capital needs.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
32,000 SF
Building Class
A
Year Built
2023
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,667 SF
Building FAR
1.50
Lot Size
0.49 AC
Zoning
SP - Office
AMENITIES
- 24 Hour Access
- Food Court
- Security System
- Signage
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 42895411 | Improvements Assessment | $6,989,851 |
| Land Assessment | $1,741,616 | Total Assessment | $8,731,467 |
PROPERTY TAXES
Parcel Number
42895411
Land Assessment
$1,741,616
Improvements Assessment
$6,989,851
Total Assessment
$8,731,467
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1021 Grace Lane | 1021 Grace Ln
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