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EXECUTIVE SUMMARY
Located in the heart of desirable Downtown Grapevine, this Class A multi-tenant office property was fully renovated in 2023 and represents a rare opportunity to acquire a stabilized, income-producing asset in one of North Texas’ most dynamic submarkets. The building totals approx 15,046 square feet, including approx 11,866 SF on the first floor and approx 3,000 SF of built-out mezzanine space, situated on an approx 1.15-acre parcel with ample surface parking. Currently 100% occupied by strong credit tenants, the property delivers immediate, predictable cash flow with multi-tenant diversification and limited vacancy exposure.
The interior has been completely modernized with private executive offices, multiple conference and meeting rooms, and high-end kitchens, break rooms, and lounge areas designed to attract and retain tenants seeking a premium work environment. A standout feature is the inclusion of an indoor pickleball court, adding a rare amenity that elevates the tenant experience and further differentiates the asset from competing properties. The property provides a strong yield profile with limited near-term capital expenditure requirements.
Just one block from Historic Grapevine Main Street and within walking distance to more than 200 shops, restaurants, wineries, and entertainment venues, including close proximity to Hotel Vin, the property benefits from exceptional location appeal and daily foot traffic. It also offers outstanding connectivity with immediate access to Highways 114 and 121, proximity to DFW International Airport, and steps from Trinity Metro TEXRail, placing Downtown Dallas and Downtown Fort Worth approximately 25 minutes away. Anchored by more than 17 million annual visitors, strong demographics, and a thriving business environment, Grapevine continues to rank among the most attractive and resilient investment markets in North Texas—making this an exceptional opportunity for investors seeking income stability today with long-term appreciation potential.
The interior has been completely modernized with private executive offices, multiple conference and meeting rooms, and high-end kitchens, break rooms, and lounge areas designed to attract and retain tenants seeking a premium work environment. A standout feature is the inclusion of an indoor pickleball court, adding a rare amenity that elevates the tenant experience and further differentiates the asset from competing properties. The property provides a strong yield profile with limited near-term capital expenditure requirements.
Just one block from Historic Grapevine Main Street and within walking distance to more than 200 shops, restaurants, wineries, and entertainment venues, including close proximity to Hotel Vin, the property benefits from exceptional location appeal and daily foot traffic. It also offers outstanding connectivity with immediate access to Highways 114 and 121, proximity to DFW International Airport, and steps from Trinity Metro TEXRail, placing Downtown Dallas and Downtown Fort Worth approximately 25 minutes away. Anchored by more than 17 million annual visitors, strong demographics, and a thriving business environment, Grapevine continues to rank among the most attractive and resilient investment markets in North Texas—making this an exceptional opportunity for investors seeking income stability today with long-term appreciation potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
15,046 SF
Building Class
A
Year Built/Renovated
1984/2023
NOI
$450,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,866 SF
Building FAR
0.31
Lot Size
1.12 AC
Zoning
Commercial
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Skylights
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Real Estate
- -
- -
- -
Since 2009 Verdad has grown into a cohesive team located in 3 primary offices. They are proud of the diversity and passion of their people. At Verdad they see themselves as a family rather than a company. Their family consists of great personalities with unique backgrounds and they all truly love what they do. This is what makes them successful and their work impeccable.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Real Estate | - | - | - |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 01090968 | Improvements Assessment | $901,752 |
| Land Assessment | $194,448 | Total Assessment | $1,096,200 |
PROPERTY TAXES
Parcel Number
01090968
Land Assessment
$194,448
Improvements Assessment
$901,752
Total Assessment
$1,096,200
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