Property profile

104-106 Grapevine Hwy Hurst, TX 76054

OFF-MARKET
Office Spaces
9,623 SF 1.12 ac lot Built 2007
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2007
Total area 9,623 SF
Lot 1.12 ac (48,787 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104-106 Grapevine Hwy Hurst, TX 76054
Hurst metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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