Renovated Office
1631 Lancaster Dr, Grapevine, TX 76051
For Lease
Contact for pricing
Renovations are underway with customizable office suites available for lease with no stated use restrictions.
Space Size3,531 SF
Days on Market218
Property Features for 1631 Lancaster Dr
General Information
Standard status
Size
Property subtype
Spaces For Lease
at 1631 Lancaster Dr
1643 Lancaster Dr
AVAILABLE, Now
Floor
2
Size
3,531 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- Renovations underway
- New Institutional ownership
- Customizable suites
- Rent abatement for New Deals
- No use restrictions
Contact us
Listing Agency:
Lincoln Property Company - Corporate
(214) 740-3300
Listed By:
Peter Shaw
(214) 461-2302
Source:
Moodyscre
Added: Apr 10
Changed: Nov 4
Last Checked: Nov 12 at 8:03AM
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
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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.
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
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,801
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Grapevine, TX
$29.76 /SF/Yr
Avg Asking Price
$19–$68.57 /SF/Yr
Price Range
14,265 SF
Avg Space Size
Properties on Market for Office Units in Grapevine
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Renovations are underway with customizable office suites available for lease with no stated use restrictions.
Where is this office unit 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
