Furnished Office
New
For Sale
Contact for pricing
1026 Texan Trail, Grapevine, TX 76051
Two floor configurations can be occupied separately or combined, with workstations and conference room furnishings in place.
Property Size22,500 SF
Price / SF$0.00
Days on Market2
Property Features for 1026 Texan Trail
General Information
Standard status
Active
Size
22,500 SF
Property subtype
Office
Space & Availability
Floor
2,3
Condition
Move-in Ready
Furnished
Yes
Additional Details
Property Use
Office
Amenities
three furnished conference rooms
full kitchen on the third floor
generous outdoor balcony and terrace space
secure electronic card access
internet service available to the building
opportunity for building signage
Building Details
Year Built
2008
Listing Agency:
Momentus Real Estate Group
Listed By:
Maureen Cappallo
(682) 223-1347
Source:
Momentusrealestategroup
Added: Oct 29
Last Checked: Oct 29 at 2:38PM
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 Momentus Real Estate Group
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Investment Insights
Based on property information with market context.
Office space spans the second and third floors, with 9,070 square feet available in total. The second floor contains 4,070 square feet, while the third floor has 5,000 square feet. Each level can be used independently or combined. Furnishings include workstations and conference room furniture, and three conference rooms are provided. The third floor also includes a full kitchen, with outdoor balcony and terrace areas serving the space.
Electronic card access is available, and internet service is available to the building. The property was built in 2008 and is in Grapevine, minutes from DFW International Airport.
Electronic card access is available, and internet service is available to the building. The property was built in 2008 and is in Grapevine, minutes from DFW International Airport.
Key Highlights
- 9,070 square feet available across the second and third floors
- Second floor: 4,070 square feet; third floor: 5,000 square feet
- Floors can be occupied separately or combined
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$388,800
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,776,000
$7.8M
Cap Rate 7%
$5,554,286
$5.6M
Cap Rate 9%
$4,320,000
$4.3M
Market Conditions
NOI Build-Up for 22,500 SF
Gross rent
$691.2K $30.72/SF
− Vacancy
−$172.8K −$7.68/SF
EGI
$518.4K $23.04/SF
− OpEx
−$129.6K −$5.76/SF
NOI
$388.8K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,776,000
Cap Rate 7%
$5,554,286
Cap Rate 9%
$4,320,000
Alternative Uses
Best Use
Office B
$5.55M
$4.86M – $6.48M
NOI $388,800 @ 7.0% cap · market cap 1,555,200.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.91M
$6.93M – $9.23M
NOI $554,040 @ 7.0% cap · market cap 2,216,160.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
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Business Placement
Demographics for 76051, TX
49,969
Population
22,529
Households
2.2
Avg Household Size
39
Median Age
57%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
2,241
Density / Sq Mi
$111,193
Median Household Income
$61,522
Median Earnings
$1,806
Median Rent
$467,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two floor configurations can be occupied separately or combined, with workstations and conference room furnishings in place.
Where is this office unit located?
The property is located at 1026 Texan Trail Grapevine, TX.
What are key features of this property?
This property features: 9,070 square feet available across the second and third floors; Second floor: 4,070 square feet; third floor: 5,000 square feet; Floors can be occupied separately or combined
