Multi-Tenant Office
For Sale
Contact for pricing
110 S Barton St, Grapevine, TX 76051
Well-maintained multi-tenant office building with ample on-site and street parking and a dedicated turn lane.
Property Size2,892 SF
Price / SF$482.37
Days on Market986
Property Features for 110 S Barton St
General Information
Standard status
Active
Size
2,892 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
SVN | Trinity Advisors
(817) 288-5525
Listed By:
Brooke Ford · License #747247
(313) 618-7176
Source:
Moodyscre
Added: Jan 4, 2024
Changed: Sep 9
Last Checked: Sep 16 at 1:02PM
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 SVN | Trinity Advisors
Investment Insights
Based on property information with market context.
This multi-tenant office building offers 2,892 square feet of well-maintained workspace. The property is described as recently updated and includes ample on-site parking along with street parking.
Located at 110 S Barton St in historic downtown Grapevine, the building sits right off S. Main Street and features a dedicated turn lane for convenient access. It is also noted as less than 7 miles from Dallas/Fort Worth International Airport and offers convenient access to major highways.
The building’s configuration is geared toward multiple tenants within a single office facility, providing flexible occupancy options within a downtown commercial office setting.
Located at 110 S Barton St in historic downtown Grapevine, the building sits right off S. Main Street and features a dedicated turn lane for convenient access. It is also noted as less than 7 miles from Dallas/Fort Worth International Airport and offers convenient access to major highways.
The building’s configuration is geared toward multiple tenants within a single office facility, providing flexible occupancy options within a downtown commercial office setting.
Key Highlights
- 2,892 SF multi‑tenant office building at 110 S Barton Ave in historic downtown Grapevine, TX.
- Dedicated turn lane for improved access on/near S. Main Street.
- Ample on‑site parking plus street parking available for tenants and visitors.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,974
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$999,480
$999.5K
Cap Rate 7%
$713,914
$713.9K
Cap Rate 9%
$555,267
$555.3K
Market Conditions
NOI Build-Up for 2,892 SF
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.
Gross rent
$88.8K $30.72/SF
− Vacancy
−$22.2K −$7.68/SF
EGI
$66.6K $23.04/SF
− OpEx
−$16.7K −$5.76/SF
NOI
$50.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$999,480
Cap Rate 7%
$713,914
Cap Rate 9%
$555,267
Alternative Uses
Best Use
Office B
$713.9K
$624.7K – $832.9K
NOI $49,974 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.2K – $1.19M
NOI $71,213 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained multi-tenant office building with ample on-site and street parking and a dedicated turn lane.
Where is this office building located?
The property is located at 110 S Barton St Grapevine, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2,892 SF multi‑tenant office building at 110 S Barton Ave in historic downtown Grapevine, TX.; Dedicated turn lane for improved access on/near S. Main Street.; Ample on‑site parking plus street parking available for tenants and visitors.
