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Neighborhood Center Near DFW Airport
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1601 W Northwest Hwy, Grapevine, TX 76051

Conveniently located neighborhood center with adaptable spaces and ample parking.

Space Size1,755 SF - 7,925 SF
Property Size108,720 SF
Days on Market1620

Property Features for 1601 W Northwest Hwy

General Information

Standard status Active
Size 1,755 SF - 7,925 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 108,720 SF
Tenancy Multiple

Spaces For Lease

at 1601 W Northwest Hwy Contact us

1631 A Active

Size 5,250 SF
Contact us

1631 B Active

Size 1,755 SF
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1653 Active

Size 7,925 SF
Contact us
Listing Agency: Team & Vasseur
Listed By: William Underwood · License #TX 00681249
Source: Crexi
Added: May 9, 2022 Changed: Oct 13 Last Checked: Oct 12 at 9:30PM

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 Team & Vasseur

Investment Insights

Based on property information with market context.

This neighborhood center is conveniently located off of Highway 114, in close proximity to DFW Airport. The property features second-generation spaces that are easily adaptable to most uses, available at reasonable rents. A dedicated traffic light on Northwest Highway enhances accessibility. The location offers great visibility on Northwest Highway, complemented by ample parking.

Key Highlights

  • Convenient location off Highway 114 and close proximity to DFW Airport.
  • Great visibility on NW Highway.
  • Dedicated traffic light on NW Highway.

Property Analytics

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Current Use

Pearl Chinese Restaurant Restaurant Northwest Plaza Shopping ... Shopping Center & Mall

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Food Market Hotel & Motel

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,695
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Conveniently located neighborhood center with adaptable spaces and ample parking.
Where is this shopping center located?
The property is located at 1601 W Northwest Hwy Grapevine, TX.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Convenient location off Highway 114 and close proximity to DFW Airport.; Great visibility on NW Highway.; Dedicated traffic light on NW Highway.
More about this property
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