Flex Office and Climate-Controlled
For Sale
Contact for pricing
908 Cresthaven Drive #200, Euless, TX 76040
Flex property includes 800sf climate-controlled warehouse with an overhead door and 2,200sf finished office space.
Property Size3,000 SF
Price / SF$0.01
Days on Market94
Property Features for 908 Cresthaven Drive #200
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Office
Additional Details
Flexible Term
Yes
Amenities
climate controlled warehouse
private offices
2 restrooms
kitchen
front lobby
signage available
highly secure location
Building Details
Year Built
2025
Listing Agency:
Milani Properties LLC
(214) 228-7936
Listed By:
Lacy Milani-Ingalls · License #0690122
(817) 488-4333
Source:
Lonestarluxuryrealty
Added: Jul 24
Changed: Oct 15
Last Checked: Oct 24 at 5:27PM
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 Milani Properties LLC
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Investment Insights
Based on property information with market context.
This turn-key flex property offers a total of 3,000sf, combining an 800sf climate-controlled warehouse area with an overhead door and 2,200sf of finished office space. The office component is built out with private offices, two restrooms, a kitchen, and a front lobby.
The property is set up for straightforward access with ample parking and is directly across from Texas Star Euless. Signage options may be available.
The configuration supports a business that needs both functional warehouse space and dedicated office amenities in the same suite.
The property is set up for straightforward access with ample parking and is directly across from Texas Star Euless. Signage options may be available.
The configuration supports a business that needs both functional warehouse space and dedicated office amenities in the same suite.
Key Highlights
- 3,000 SF flex/office property with 800 SF climate‑controlled warehouse (overhead door) and 2,200 SF finished office space
- Finished office includes private offices, 2 restrooms, kitchen, and front lobby
- Climate‑controlled warehouse area features an overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,916
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,320
$338.3K
Cap Rate 7%
$241,657
$241.7K
Cap Rate 9%
$187,956
$188.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$27.0K $9.00/SF
− Vacancy
−$2.8K −$0.95/SF
EGI
$24.2K $8.06/SF
− OpEx
−$7.2K −$2.42/SF
NOI
$16.9K $5.64/SF
Area
Tarrant County, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,320
Cap Rate 7%
$241,657
Cap Rate 9%
$187,956
Alternative Uses
Best Use
Office B
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 345,600.00%
Second Best
Flex RnD
$470.7K
$411.8K – $549.1K
NOI $32,947 @ 7.0% cap · market cap 219,646.67%
Theoretical Best
Office A
$1.06M
$923.4K – $1.23M
NOI $73,872 @ 7.0% cap · market cap 492,480.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76040, TX
31,899
Population
12,912
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
4,090
Density / Sq Mi
$69,683
Median Household Income
$41,493
Median Earnings
$1,245
Median Rent
$281,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex property includes 800sf climate-controlled warehouse with an overhead door and 2,200sf finished office space.
Where is this flex space located?
The property is located at 908 Cresthaven Drive #200 Euless, TX.
What are key features of this property?
This property features: 3,000 SF flex/office property with 800 SF climate‑controlled warehouse (overhead door) and 2,200 SF finished office space; Finished office includes private offices, 2 restrooms, kitchen, and front lobby; Climate‑controlled warehouse area features an overhead door
