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230 N Park Blvd
Grapevine, TX 76051
One Park Place · Office Property For Sale
PROPERTY FACTS
ABOUT 230 N PARK BLVD , GRAPEVINE, TX 76051
One Park Place (“Property”) is a 15,313 square foot medical/professional office building located at 230 North Park Boulevard in Grapevine, Texas. Located in the highly desirable Grapevine/Westlake office submarket of Dallas/Fort Worth, the Property sits on 1.57 acres of land north of the intersection of Northwest Highway and Park Boulevard. The Property is currently 100% leased to a variety of medical and professional tenants with contractual rent bumps and staggered leases. The submarket has a low vacancy rate of 3.3%, which speaks to the high demand of this type of office asset. The Property provides an investor an opportunity to acquire an asset at a price significantly below replacement cost as well as the area’s average per square foot sale comps. With the property’s central location in the booming DFW market, this office asset is well positioned to provide investors with stable income at competitive rates.
PROPERTY TAXES
| Parcel Number | 05776449 | Improvements Assessment | $740,168 |
| Land Assessment | $1,092,832 | Total Assessment | $1,833,000 |
PROPERTY TAXES
