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Customizable Office Suites
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1631 Lancaster Dr, Grapevine, TX 76051

Renovations are underway with customizable office suites and no use restrictions for new deals.

Space Size2,955 SF
Days on Market211

Property Features for 1631 Lancaster Dr

General Information

Standard status Active
Size 2,955 SF
Property subtype OFFICE

Spaces For Lease

at 1631 Lancaster Dr
1643 Lancaster Dr AVAILABLE, Now
Floor 2
Size 2,955 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
Listed By: Banks Newton
Source: Moodyscre
Added: Apr 10 Changed: Oct 25 Last Checked: Nov 4 at 3:33PM

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

Rey
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Investment Insights

Based on property information with market context.

This for-lease office property features office suites that are customizable to meet tenant needs, with renovations underway under new institutional ownership. Suites are available for occupancy during the ongoing improvement process, and the ownership is offering rent abatement for new deals. The property is presented as having no use restrictions, supporting a flexible tenant fit for appropriate office users.

Located at 1631 Lancaster Dr in Grapevine, TX, the building provides a structured office environment for companies seeking dedicated suite space rather than a shared workspace. With approximately 2,955 square feet available across the office units, the layout can be tailored within the existing suite configuration to support a range of professional office operations.

For tenants and brokers evaluating space options, the combination of active renovations, new ownership, and suite-level customization is intended to streamline move-in planning while keeping occupancy requirements open-ended within the property’s stated use flexibility.

Key Highlights

  • Renovations underway
  • Customizable office suites
  • No use restrictions for new deals

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Grapevine, TX

$34.32 /SF/Yr
Avg Asking Price
$19–$68.57 /SF/Yr
Price Range
13,989 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - Renovations are underway with customizable office suites and no use restrictions for new deals.
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 underway; Customizable office suites; No use restrictions for new deals
(214) 461-2388 · Office Call to check price and availability
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