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Multi-Tenant Office Building
For Sale
Contact for pricing
Pending

1121 S Carroll Ave, Southlake, TX 76092

The property features elevator access, tenant balconies, limestone exteriors, and slate roofing.

Property SizeContact for details
Days on Market145

Property Features for 1121 S Carroll Ave

General Information

Standard status Pending
Net Rentable 12,679 SF
Elevators Yes
Property subtype Office
Occupancy 45%

Additional Details

Highway Access Yes

Amenities

tenant balconies

Building Details

Year Built 2007
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Joseph Jaques · License #TX 651497
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 1 at 9:41AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

Built in 2007, this multi-tenant office property contains 12,679 square feet of rentable area. Existing occupants include an event management group, financial offices, and an energy provider. The building features sawn limestone exteriors, slate roofing, multiple tenant balconies, and elevator access. Approximately 45 percent of the property is occupied, leaving vacant space within the existing office layout. Attic space may offer tenant storage or additional build-out potential if cleared by the city.

The property is located at 1121 S Carroll Ave in Southlake, Texas, less than one mile from West State Highway 114 and East Southlake Boulevard. Estimated average daily traffic is 11,004 vehicles. The surrounding three-mile population is approximately 64,277, and one-mile average household income exceeds $266,615.

Key Highlights

  • 12,679 square feet of rentable office area
  • Approximately 45 percent occupied with existing office users
  • Built in 2007 with sawn limestone exteriors and slate roofing

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Bakery Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

45%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 76092, TX

31,924
Population
9,886
Households
3.2
Avg Household Size
42
Median Age
75%
College-Educated
99%
High-School Grad
22.7 sq mi
ZIP Area
1,406
Density / Sq Mi
$250,001
Median Household Income
$123,882
Median Earnings
$3,501
Median Rent
$956,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The property features elevator access, tenant balconies, limestone exteriors, and slate roofing.
Where is this office building located?
The property is located at 1121 S Carroll Ave Southlake, TX.
What are key features of this property?
This property features: 12,679 square feet of rentable office area; Approximately 45 percent occupied with existing office users; Built in 2007 with sawn limestone exteriors and slate roofing
(972) 755-5200 Call to check price and availability
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