Building Details

Year Built 2005

Listing Agency: eXp Realty, LLC s***@lynchlegacyexp.com Show Phone

Listed By: Stacy Lynch · License #0329792 Show Phone

Source: Exitrealty

Added: Mar 23, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:09AM

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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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This newly renovated commercial space offers a leasing opportunity with 7,000 square feet available. Multiple spaces can be built to suit, with the option to subdivide from 1,000 to 7,000 square feet. Located in Willow Park, the property features a quiet setting and ample parking. The space is suitable for various business ideas, with flexible terms available. It is an excellent community-type commercial space. Competitive rates are offered. The property size is 7,123 square feet.

Key Highlights

• Flexible space: Build to Suit options with subdivision from 1,000 to 7,000 sf.
• Newly renovated space.**
• Convenient location in Willow Park.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service Nail Salon Pet Grooming Service

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

NNN (Triple Net)

Lease Type

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

33

Businesses Nearby

Explore this area Business Placement

Demographics for 76087, TX

33,346

Population

13,290

Households

2.5

Avg Household Size

41

Median Age

40%

College-Educated

92%

High-School Grad

185.5 sq mi

ZIP Area

180

Density / Sq Mi

$108,499

Median Household Income

$59,622

Median Earnings

$1,775

Median Rent

$352,000

Median Home Value

Market

Lease Benchmarks for Willow Park, TX

$28 /SF/Yr

Avg Asking Price

$22–$30 /SF/Yr

Price Range

8,782 SF

Avg Space Size

This space is priced 21% below the average of $28 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Renovated commercial space in Willow Park, multiple spaces available.

Where is this office units located?

The property is located at 721 Ranch House Road Willow Park, TX.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Flexible space: **Build to Suit options** with subdivision from 1,000 to 7,000 sf.; Newly renovated space.**; Convenient location in Willow Park.