Multi-Tenant Office
For Sale
Contact for pricing
8098 Precinct Line Rd, Colleyville, TX 76034
Four office suites feature separate entrances, monument signage, and on-site parking near established retail amenities.
Property Size5,026 SF
Price / SF$384.20
Days on Market197
Property Features for 8098 Precinct Line Rd
General Information
Standard status
Active
Size
5,026 SF
Property subtype
Office
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$115,895
Additional Details
Road Access
Yes
Office Units
4
Amenities
building/monument signage
private entrance
Building Details
Year Built
2019
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Blu Global Realty LLC
Listed By:
Jayant Malik · License #TX 630246
(972) 999-2630
Source:
Crexi
Added: Apr 5
Changed: Oct 10
Last Checked: Oct 16 at 9:37AM
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 Blu Global Realty LLC
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Investment Insights
Based on property information with market context.
This 5,026 SqFt office property, built in 2019, is configured as a multi-tenant center with four suites. Each suite has its own private entrance, while building and monument signage support property identification. On-site parking is also provided.
Located at 8098 Precinct Line Rd in Colleyville, the property sits north of North Tarrant Parkway and directly across from Davis Towne Crossing. Nearby national retailers include Walmart, Target, Kroger, Aldi, and Walgreens. The site also offers access to major thoroughfares serving Grapevine, Southlake, and North Richland Hills.
Located at 8098 Precinct Line Rd in Colleyville, the property sits north of North Tarrant Parkway and directly across from Davis Towne Crossing. Nearby national retailers include Walmart, Target, Kroger, Aldi, and Walgreens. The site also offers access to major thoroughfares serving Grapevine, Southlake, and North Richland Hills.
Key Highlights
- 5,026 SqFt multi‑tenant office property built in 2019
- Four office suites, each with a private entrance
- Building and monument signage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,849
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,736,980
$1.7M
Cap Rate 7%
$1,240,700
$1.2M
Cap Rate 9%
$964,989
$965.0K
Market Conditions
NOI Build-Up for 5,026 SF
Gross rent
$154.4K $30.72/SF
− Vacancy
−$38.6K −$7.68/SF
EGI
$115.8K $23.04/SF
− OpEx
−$28.9K −$5.76/SF
NOI
$86.8K $17.28/SF
Area
Tarrant County, TX
Vacancy
25.00%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,736,980
Cap Rate 7%
$1,240,700
Cap Rate 9%
$964,989
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $86,849 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,760 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 76034, TX
25,988
Population
9,600
Households
2.7
Avg Household Size
48
Median Age
70%
College-Educated
99%
High-School Grad
13.1 sq mi
ZIP Area
1,984
Density / Sq Mi
$203,157
Median Household Income
$92,142
Median Earnings
$3,194
Median Rent
$717,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four office suites feature separate entrances, monument signage, and on-site parking near established retail amenities.
Where is this office building located?
The property is located at 8098 Precinct Line Rd Colleyville, TX.
What is the asking price?
The asking price for this property is $1,931,000.
What are key features of this property?
This property features: 5,026 SqFt multi‑tenant office property built in 2019; Four office suites, each with a private entrance; Building and monument signage included
