1010 Mustang Dr., Grapevine, TX 76051
7,043 SqFt office building available in Grapevine, Texas.
- Added:
- Oct 23, 2024
- Days on Market:
- 594
- Last Refresh:
- May 12 at 8:57 pm
Property Features for 1010 Mustang Dr.
General Information
- Standard status
- Active
- Size
- 7,043 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing agent Michael Newsome License #TX 579869
Listing office NAI Robert Lynn Fort Worth
Listing date Oct 23, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Robert Lynn Fort Worth
HighLights
- Office Property
- 7,043 SqFt of space
- Built in 2005
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.4k | $30.72 |
| − Vacancy | −$54.1k | −$7.68 |
| EGI | $162.3k | $23.04 |
| − OpEx | −$40.6k | −$5.76 |
| NOI | $121.7k | $17.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grapevine
- County
- Tarrant
- State
- Texas
- Longitude
- -97.0841249
- Latitude
- 32.9186596
