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    1301 Solana Blvd Westlake, TX 76262

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    For Lease
    Contact for pricing
    Lot size:
    359,868 SF

    Property Features for 1301 Solana Blvd

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    359,868 SF
    Class
    A
    Total Rate
    779714

    Building Details

    Year Built
    1988
    Stories
    12

    Spaces For Lease

    at 1301 Solana Blvd, Westlake, TX 76262 Contact us
    Unit Suite 1400

    $27 /Mo

    Size
    5,430 SF
    Contact us
    Unit Suite 2200

    $27 /Mo

    Size
    11,633 SF
    Contact us
    Unit Suite 2220

    $27 /Mo

    Size
    7,311 SF
    Contact us
    Unit Suite 1545

    $26 /Mo

    Size
    4,853 SF
    Contact us
    Unit Suite 4207

    $27 /Mo

    Size
    2,061 SF
    Contact us
    Unit Suite 4202

    $27 /Mo

    Size
    5,459 SF
    Contact us
    Unit Suite 1550

    $27 /Mo

    Size
    3,550 SF
    Contact us
    Unit Suite 2240

    $27 /Mo

    Size
    7,880 SF
    Contact us
    Unit Suite 2330

    $26 /Mo

    Size
    4,546 SF
    Contact us
    Unit Suite 2325

    $27 /Mo

    Size
    15,728 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Grant Gomez
    Grant Gomez

    Listing Agency: TXRE Properties LLC Listing Agent: Grant Gomez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1676622
    Latitude
    32.9800774

    Nearby Similar for Lease

    • Contact for pricing

      Westlake Office Space For Rent

      Office space available with flexible lease terms and structured parking.
      1301 Solana Blvd, Westlake, TX 76262
      View Details
    • $27 SF/Yr
      2,000 SF

      Office and Retail Space Available

      Office and retail spaces for lease in Westlake, Texas.
      1301 W Solana Blvd, Westlake, TX
      View Details
    • Contact for pricing
      5,057 SF

      Westlake Office Space For Lease

      Office space available for lease in Westlake, Texas.
      1600 Solana Blvd, Westlake, TX
      View Details
    • Contact for pricing
      21,909 SF

      Westlake Office Space Available

      Office space for rent with on-site amenities and management.
      1500 Solana Blvd, Westlake, TX
      View Details
    • Contact for pricing
      9,000 SF

      Retail Opportunity in Westlake

      Future retail space available in the Entrada at Westlake.
      49 Arta Dr, Westlake, TX
      View Details
    • Contact for pricing
      5,869 SF

      Renovated Hotel and Conference Center

      Newly renovated hotel and conference center with modern updates.
      1301 Solana Blvd, Westlake, TX
      View Details
    • Contact for pricing
      29,681 SF

      Refurbished Office Space for Lease

      29,681 SF office space with modern amenities in Westlake.
      2050 Roanoke Rd, Westlake, TX 76262
      View Details
    • Contact for pricing
      245,000 SF

      Westlake Industrial Property For Rent

      Industrial property in Westlake, TX, with Freeport Tax Exemption.
      400 Patriot Pkwy, Westlake, TX
      View Details
    • Contact for pricing
      9,000 SF

      Westlake Retail Space: 9,000 SF

      Prime retail space in desirable Westlake.
      49 Arta Dr, Westlake, TX 76262
      View Details

    FAQs

    Where is this office units located?
    The property is located at 1301 Solana Blvd Westlake, TX.
    What is the lease rate?
    The lease rate is $26-$27 SF/Yr.
    What are key features of this property?
    This property features: Class A office campus directly off Highway 114 in the DFW Metroplex.; Multiple on-site restaurants and a liquor store.; Free on-site fitness center.
    (214) 734-4725 Call to check price and availability
    Request Owner's contact information
    1301 Solana Blvd Westlake, TX 76262
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    Westlake, TX 76262
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1301 Solana Blvd Westlake, TX 76262
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant Gomez
    Grant Gomez
    Real Estate License ID: 581997
    (214) 734-4725 (214) 630-2653
    Learn more
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