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200 N Carrier Pky 14,493 SF 89% Leased Office Building Grand Prairie, TX 75050 $1,700,000 ($117.30/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 14,493 SF office building
- High Occupancy and Low Turnover
- Corner Location, High Visibility, ADT 27,000 cars per day
- Great Cash Flow
- High Occupancy and Low Turnover
- Potential for a 7%+ Cap Rate
EXECUTIVE SUMMARY
Discover a unique cash flow investment opportunity in Grand Prairie, TX, with this 14,493 SF office building. Located on a high traffic boulevard and zoned GR, this property offers a solid foundation for a wide range of new and existing business ventures. With an impressive 87% occupancy rate, it presents as a great income-generating asset with upside. The tenants all pay their rent on time, low to zero turnover, this well-maintained building stands as a testament to quality and attention to detail, providing a professional and inviting environment for tenants. Its strategic positioning within the Grand Prairie area adds further value to this compelling investment. If you are looking for a stable real estate investment with a potential for over 7% cap rate or a business owner who wants to own a piece of property with rental income, this is a can't miss opportunity to enter a steady market. Call Broker for Pricing.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
14,493 SF
Building Class
C
Year Built
1960
Price
$1,700,000
Price Per SF
$117.30
Cap Rate
7%
NOI
$119,000
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,247 SF
Slab To Slab
11’
Building FAR
0.33
Lot Size
1.01 AC
Zoning
GR - General Retail (GR) designed to accommodate a wide range of retail, service, and office uses that serve the general public.
Parking
90 Spaces (6.21 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 200
- 1,400 SF
- Office
- -
- Now
- 2nd Fl-Ste 206
- 350 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 1,400 SF | Office | - | Now |
| 2nd Fl-Ste 206 | 350 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 1,400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 206
| Size |
| 350 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 28052500080010000 | Total Assessment | $607,000 |
| Land Assessment | $348,930 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $258,070 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
28052500080010000
Land Assessment
$348,930
Improvements Assessment
$258,070
Total Assessment
$607,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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200 N Carrier Pky
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