0 Northwest Hwy, Palatine, IL 76051
Invest in this exceptional 40,000 square foot retail and office center located in Grapevine, Texas, within Tarrant County. This single-story, 1980-built property sits on a 2.79-acre lot at the prominent intersection of E Northwest Hwy and W Northwest Hwy & N Plum Grove Rd, boasting excellent visibility and signage opportunities. Currently, 6,280 square feet of space is available, divisible into units ranging from 532 to 1,864 contiguous square feet, perfect for a variety of businesses. The center features 70 parking spaces for ample customer and employee convenience. Common areas underwent a significant renovation in 2019, enhancing the overall appeal and functionality of the space. A key advantage is the property's strategic location, anchored by Quest Academy, an elementary school with approximately 300 students, ensuring consistent foot traffic and a strong community presence. This presents a unique opportunity to establish a thriving business in a high-demand area. The property's multiple tenancy allows for flexibility and diverse tenant options. Don't miss this chance to secure a prime location in a thriving community. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.