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Highway Frontage Office Building

3500 William D Tate Ave, Grapevine, TX

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For Sale

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Value-add opportunity with highway frontage near DFW Airport.

Type:OFFICE

Property size:

38,724 SF

Lot size:

3.59 Acres

Price / SF:

$174/SF

HighLights

Superior frontage on Highway 121 and Highway 360 ensures quick DFW access.
Priced well below replacement cost at $174.57 PSF.
Value‑add opportunity: lease remaining 4,730 SF and convert leases to NNN.
Located 10 minutes from Dallas Fort Worth International Airport.
High average household income: $142,465 in a 3‑mile radius.
Ample parking with a 5.1/1000 SF parking ratio.

We can help!

Listing Contact

Jill Bayne

For Sale

Contact for pricing

Value-add opportunity with highway frontage near DFW Airport.

Type:OFFICE

Property size:

38,724 SF

Lot size:

3.59 Acres

Price / SF:

$174/SF

Added:: Sep 26, 2024
Days on Market:: 621
Last Refresh:: May 20 at 8:13 pm

Property Features for 3500 William D Tate Ave

General Information

Standard status: Active
Size: 38,724 SF
Lot size: 3.59 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Jill Bayne

Listing agent Jill Bayne

Listing office Vision Commercial Real Estate - Grapevine

Listing date Sep 26, 2024

Source Moodyscre

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 Vision Commercial Real Estate - Grapevine

HighLights

Superior frontage on Highway 121 and Highway 360 ensures quick DFW access.
Priced well below replacement cost at $174.57 PSF.
Value‑add opportunity: lease remaining 4,730 SF and convert leases to NNN.
Located 10 minutes from Dallas Fort Worth International Airport.
High average household income: $142,465 in a 3‑mile radius.
Ample parking with a 5.1/1000 SF parking ratio.

Overview

This 38,724-square-foot office building is located directly on Highway 121, which has a traffic volume of 123,136 vehicles per day, and Highway 360, with 77,202 vehicles per day. It is situated 10 minutes from Dallas Fort Worth International Airport. The property offers a parking ratio of 5.1 spaces per 1,000 square feet. The average household income in a 3-mile radius is $142,465, with a 1% annual population growth from 2010-2023. National retailers in the area include Target, Lowe’s, Belk, HomeGoods, Marshalls, and LA Fitness. An H-E-B is expected to open in the fall of 2026. There is a value-add opportunity in leasing the remaining 4,730 square feet and converting leases to NNN.

Property Profile Location Intelligence

Current Use by Public Records

Edusure Insurance Agency Dairy Farmers of America Production Facility William Dumpster Rental ... General Contractor Fresh Start Insurance ... Insurance Agency Hands On Health Chiropractic Alternative Medicine Practice

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Location Insight

Map
Local Demand

City: Grapevine
County: Tarrant
State: Texas
Longitude: -97.1006
Latitude: 32.8982

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For sale
Office buildings
TX
Grapevine
3500 William D Tate Ave

What type of property is this?

Office building - Value-add opportunity with highway frontage near DFW Airport.

Where is this office building located?

The property is located at 3500 William D Tate Ave Grapevine, TX.

What is the asking price?

The asking price for this property is $6,760,000.

What are key features of this property?

This property features: Superior frontage on Highway 121 and Highway 360 ensures quick DFW access.; Priced well below replacement cost at $174.57 PSF.; Value‑add opportunity: lease remaining 4,730 SF and convert leases to NNN.

3500 William D Tate Ave, Grapevine, TX

Value-add opportunity with highway frontage near DFW Airport.

Property Features for 3500 William D Tate Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Downtown Office Building

Stabilized Quadplex Income Property

Grapevine, TX NNN Investment Opportunity

Renovated Office Building with Parking

Grapevine Professional Office Building

Freestanding Caribou Coffee Investment Property

Grapevine Office Building Investment

Grocery Anchored Shopping Center Space

Grapevine Restaurant Investment Opportunity

Occupied Medical Office For Sale

Grapevine Retail Space For Sale

Freestanding Medical Office Space

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