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Office Unit with On-Site Parking
For Lease
$11 SF/Yr NNN

321 E Spring Street, Palestine, TX 75801

CommercialLease, Palestine, TX

Space SizeContact for details
Lot Size1.28 Acres
Days on Market60

Property Features for 321 E Spring Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description CBD - Commercial Business District
Parking features Parking Lot, Off Street
Directions From the intersection of E Spring St and S Sycamore St., head east on E Spring St. In about 0.2 miles, property will be on the left.
Standard status Active
APN 64558
Lot size 1.28 Acres

Taxes and HOA fees

Tax Description PALESTINE TOWN CENTER BLOCK 1 LOT 2
Legal Description PALESTINE TOWN CENTER BLOCK 1 LOT 2

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

Reception
Breakroom
Bathroom

Building Details

Year built 1987
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile
Building materials Brick
Roof type Flat
Listing Agency: Drake Real Estate
Listed By: Matthew Marshall · License #0544812
Added: Jul 10 Changed: Sep 3 Last Checked: Sep 7 at 5:06PM
MLS# 20361162

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office unit provides a reception area, four offices, a breakroom, and a bathroom within a brick building constructed in 1987. Tile and carpet flooring, central air, electric cooling, and central electric heating support the existing configuration. The property is offered for lease with an NNN structure.

Located at 321 E Spring Street in Palestine, the 1.28-acre property offers access through multiple ingress and egress points. Traffic on E. Spring St. is reported at +/-9,720 VPD. On-site parking is provided through a paved parking lot and off-street spaces, supporting customer and employee access.

Key Highlights

  • Reception area, 4 offices, breakroom, and bathroom
  • 1.28‑acre property at 321 E Spring Street, Palestine, TX 75801
  • E. Spring St. traffic counts of +/-9,720 VPD

Property Analytics

Current Use

US Army Recruiting Military Recruiting Office USA Donuts Bakery China massage Alternative Medicine Practice Milligan Edward J ... Physician Guardian Angel Home ... Home Health Care Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy HVAC Service Storage Facility Skin Care Clinic

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

9,720 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
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 - Office unit with reception, four offices, breakroom, bathroom, and customer parking.
Where is this office units located?
The property is located at 321 E Spring Street Palestine, TX.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Reception area, 4 offices, breakroom, and bathroom; 1.28‑acre property at 321 E Spring Street, Palestine, TX 75801; E. Spring St. traffic counts of +/-9,720 VPD
More about this property
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