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Renovated Office Suites
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1631 Lancaster Dr, Grapevine, TX 76051

Renovations are underway with customizable office suites available for lease with no stated use restrictions.

Space SizeContact for details
Property Size3,531 SF
Days on Market117

Property Features for 1631 Lancaster Dr

General Information

Standard status Active
Size 3,531 SF
Property subtype OFFICE
Listing Agency: Lincoln Property Company - Corporate
Listed By: Banks Newton
Source: Moodyscre
Added: Apr 10 Changed: Jul 25 Last Checked: Aug 4 at 11:52AM

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 Lincoln Property Company - Corporate

Investment Insights

Based on property information with market context.

This office property features renovations underway and offers customizable suites designed to fit a range of tenant needs. New institutional ownership is in place, and space is being prepared for new lease activity.

The property is located at 1631 Lancaster Dr in Grapevine, Texas. The offering includes rent abatement for new deals, and the public remarks indicate no use restrictions.

Suites are available for lease as part of an office unit configuration, with the current work focused on bringing the space to updated condition for incoming tenants.

Key Highlights

  • Renovations are underway
  • Customizable office suites available for lease
  • New institutional ownership

Property Analytics

Current Use

Beauchamp, Dr. George ... Ophthalmologist IVFMD Fertility Treatment ... Physician Barry Alan Firstenberg, ... Physician Lea K. Krekow, ... Physician Ravi V. Patel, ... Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Nursing Home Fish Market Clothing & Fashion Store Buffet

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

Location Intelligence

Trade Area within ½ mile

1,801
Businesses Nearby

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

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 units - Renovations are underway with customizable office suites available for lease with no stated use restrictions.
Where is this office units located?
The property is located at 1631 Lancaster Dr Grapevine, TX.
What are key features of this property?
This property features: Renovations are underway; Customizable office suites available for lease; New institutional ownership
(214) 461-2388 Call to check price and availability
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