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830-860 Greenview Dr
Grand Prairie, TX 75050
Greenview Tech Centre - Bldg E · Office Property For Sale
Investment Highlights
- Historically High Occupancy
- Net Operating Income $322,000
- Located in Office/Industrial Park
- Assumable Loan at 4.69 Percent With Over Three Years Remaining
Executive Summary
The properties at 830–860 Greenview Drive in Grand Prairie, Texas represent a compelling office or industrial investment opportunity in one of the most strategically
located submarkets in the Dallas–Fort Worth region. Built in 1981 on a 56,105 square foot lot, alongside the property at 860 Greenview, which is classified for testing
laboratory or flex industrial use. Together, the parcels create a versatile office/industrial footprint suitable for multi tenant flex, light manufacturing, research and
development, or owner user repositioning. Located near major transportation arteries—including Highway 360, I 30, and I 20—and within close reach of DFW
International Airport, the properties benefit from strong logistical connectivity and consistent tenant demand. The Grand Prairie industrial market continues to
experience low vacancy rates and stable rent growth, making this an attractive value add opportunity through modernization, re-tenanting at market rates, or
repositioning the combined site as a unified industrial park. The specialized use and capital expenditure at 860 the national credit tenant there more likely to remain and
even possible further expansion into the neighboring building. This opportunity will be attractive to investors and lenders for it’s stable tenancy and attractive returns
located submarkets in the Dallas–Fort Worth region. Built in 1981 on a 56,105 square foot lot, alongside the property at 860 Greenview, which is classified for testing
laboratory or flex industrial use. Together, the parcels create a versatile office/industrial footprint suitable for multi tenant flex, light manufacturing, research and
development, or owner user repositioning. Located near major transportation arteries—including Highway 360, I 30, and I 20—and within close reach of DFW
International Airport, the properties benefit from strong logistical connectivity and consistent tenant demand. The Grand Prairie industrial market continues to
experience low vacancy rates and stable rent growth, making this an attractive value add opportunity through modernization, re-tenanting at market rates, or
repositioning the combined site as a unified industrial park. The specialized use and capital expenditure at 860 the national credit tenant there more likely to remain and
even possible further expansion into the neighboring building. This opportunity will be attractive to investors and lenders for it’s stable tenancy and attractive returns
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
37,786 SF
Building Class
C
Year Built
1981
Price
$4,800,000
Price Per SF
$127.03
Cap Rate
6.71%
NOI
$322,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
37,786 SF
Building FAR
0.43
Lot Size
2.01 AC
Zoning
F1 - Commercial
Property Taxes
| Parcel Number | 03691039 | Improvements Assessment | $1,671,953 |
| Land Assessment | $222,156 | Total Assessment | $1,894,109 |
Property Taxes
Parcel Number
03691039
Land Assessment
$222,156
Improvements Assessment
$1,671,953
Total Assessment
$1,894,109
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