104-106 Grapevine Hwy Hurst, TX 76054
- Office Properties & Spaces
- 9,623 SF
- 1.12 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 104-106 Grapevine Hwy
- Year built
- 2007
- Lot size
- 1.12 lot acres
- Property size
- 9,623 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 9,623 square foot Class B medical office building in Hurst, Texas, presents a compelling investment opportunity. Located at 104-106 Grapevine Hwy, 76054, this single-story, 2007-built property boasts a stabilized four-tenant occupancy, generating a strong net operating income (NOI) of $184,203 and an 8.00% capitalization rate. The asking price is $2,300,000. Situated on a 1.12-acre lot, the property offers ample parking with a ratio of 5.3 spaces per 1,000 square feet. Key features include prominent monument signage availability, move-in ready suites or master lease space options, and high visibility due to direct exposure to Colleyville Blvd. This owner-user investment opportunity is ideal for both investors seeking a stable, high-return asset and medical professionals looking for a prime location to establish or expand their practice. The property's strong tenant base and desirable location in Tarrant County, Texas, ensure a secure and profitable investment. The building's excellent condition and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-maintained, high-performing medical office building in a thriving market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hurst
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1676
- Latitude
- 32.8716
