Open-Plan Office
New
For Sale
Contact for pricing
1100 Fountain Parkway #2, Grand Prairie, TX 75050
A reception area and adaptable interior layout support a range of office configurations.
Property Size10,457 SF
Price / SF$0.00
Days on Market2
Property Features for 1100 Fountain Parkway #2
General Information
Standard status
Active
Size
10,457 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
1972
Listing Agency:
Coldwell Banker Apex, REALTORS
(972) 776-6200
Listed By:
Kevin Hunter · License #0799822
Source:
Threetreesrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 1 at 9:11PM
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 Coldwell Banker Apex, REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1100 Fountain Parkway #2 in Grand Prairie, this 10,457-square-foot office property includes a reception area and a broad open workspace. The interior can be arranged for different office setups. The building dates to 1972.
The property is in Grand Prairie, Texas, and is identified as office space for sale.
The property is in Grand Prairie, Texas, and is identified as office space for sale.
Key Highlights
- 10,457 SF of office space
- Reception area and open workspace
- Located at 1100 Fountain Parkway #2 in Grand Prairie
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,135
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,700
$2.6M
Cap Rate 7%
$1,887,643
$1.9M
Cap Rate 9%
$1,468,167
$1.5M
Market Conditions
NOI Build-Up for 10,457 SF
Gross rent
$225.9K $21.60/SF
− Vacancy
−$49.7K −$4.75/SF
EGI
$176.2K $16.85/SF
− OpEx
−$44.0K −$4.21/SF
NOI
$132.1K $12.64/SF
Area
Grand Prairie, TX
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,700
Cap Rate 7%
$1,887,643
Cap Rate 9%
$1,468,167
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $132,135 @ 7.0% cap · market cap 1,651,687.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,794 @ 7.0% cap · market cap 2,572,425.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 75050, TX
43,531
Population
17,286
Households
2.5
Avg Household Size
33
Median Age
23%
College-Educated
79%
High-School Grad
25.8 sq mi
ZIP Area
1,687
Density / Sq Mi
$70,484
Median Household Income
$39,322
Median Earnings
$1,412
Median Rent
$224,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A reception area and adaptable interior layout support a range of office configurations.
Where is this office building located?
The property is located at 1100 Fountain Parkway #2 Grand Prairie, TX.
What are key features of this property?
This property features: 10,457 SF of office space; Reception area and open workspace; Located at 1100 Fountain Parkway #2 in Grand Prairie
