Two-Tenant Office
For Sale
Contact for pricing
Pending
1940 Enchanted Way, Grapevine, TX 76051
Office property leased to two tenants under NNN arrangements.
Property Size26,000 SF
Days on Market144
Property Features for 1940 Enchanted Way
General Information
Standard status
Pending
Size
26,000 SF
Property subtype
Office
Additional Details
Cap Rate
7.5%
Building Details
Tenancy
Multi
Listing Agency:
Transwestern Houston
Listed By:
Colby Moore · License #CA 01900405
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 12:29AM
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 Transwestern Houston
Investment Insights
Based on property information with market context.
This office building contains 26,000 SF and is configured for two tenants. The property is subject to NNN lease arrangements and reports a 7.50% cap rate.
The building is located at 1940 Enchanted Way in Grapevine, Texas 76051.
The building is located at 1940 Enchanted Way in Grapevine, Texas 76051.
Key Highlights
- 26,000 SF office building
- Two‑tenant configuration
- NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
303
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property leased to two tenants under NNN arrangements.
Where is this office building located?
The property is located at 1940 Enchanted Way Grapevine, TX.
What are key features of this property?
This property features: 26,000 SF office building; Two‑tenant configuration; NNN lease structure
