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2563 SW Grapevine Pky 7,300 SF Office Building Grapevine, TX 76051 $2,600,000 ($356.16/SF) 6.50% Cap Rate
Investment Highlights
- » Brick exterior, common area wooden pergola, and updated interior
- » Located in the heart of the DFW Area, just minutes from DFW Airport and major highways.
Executive Summary
2563 Southwest Grapevine Parkway is a single-story office building investment property in Grapevine, TX. 100% occupied with one tenant, USHEALTH Advisors headquarters site. The tenant recently renewed their lease through September 2030, ensuring long-term stability and consistent income. The property generates an NOI of $169,000, offering excellent cash flow and strong investment security.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,300 SF
Building Class
B
Year Built
2006
Price
$2,600,000
Price Per SF
$356.16
Cap Rate
6.50%
NOI
$169,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,300 SF
Building FAR
0.15
Lot Size
1.10 AC
Zoning
Real Commercial (F1) - Commercial
Parking
30 Spaces (4.11 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
We provide service to our customers, and also to each other. We are a diverse team of professionals who are better together than we ever could be apart. Helping Other People Everyday is more than a mantra, it’s a way of life.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | - | - | - |
1 1
Property Taxes
| Parcel Number | 40737802 | Improvements Assessment | $1,301,375 |
| Land Assessment | $490,555 | Total Assessment | $1,791,930 |
Property Taxes
Parcel Number
40737802
Land Assessment
$490,555
Improvements Assessment
$1,301,375
Total Assessment
$1,791,930
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2563 SW Grapevine Pky
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