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Mill Haven Plaza 104-106 Grapevine Hwy

9,623 SF 100% Leased Office Building Hurst, TX 76054 $2,300,000 ($239/SF) 8% Cap Rate

Executive Summary

100% leased (with 1,913 SF master lease for up to 12 months)
Long-term medical and medical-related tenants (14, 10 and 6 years)
Recent lease renewal
Quality construction with stone façade, attractive finishes and excellent curb appeal
New standing seam metal roof installed 2022
Master lease medical space in move-in condition
Central location in the heart of the Dallas/Fort Worth MSA near DFW Airport
Strong area demographics (2-mile Avg. Household Income $144,748)

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,623 SF
Building Class
B
Year Built
2007
Price
$2,300,000
Price Per SF
$239
Cap Rate
8%
NOI
$183,920
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,623 SF
Building FAR
0.20
Land Acres
1.12 AC
Zoning
Commercial - OFC- Office Lowrise

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,913 SF
  • Retail
  • Partial Build-Out
  • 30 Days

Move-In Ready Suites Available Direct Exposure to Colleyville Boulevard Ample Parking

Space Size Space Use Condition Available
1st Floor 1,913 SF Retail Partial Build-Out 30 Days

1st Floor

Size
1,913 SF
Space Use
Retail
Condition
Partial Build-Out
Available
30 Days

1st Floor

Size 1,913 SF
Space Use Retail
Condition Partial Build-Out
Available 30 Days

Move-In Ready Suites Available Direct Exposure to Colleyville Boulevard Ample Parking

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41009290
Land Assessment
$437,508
Improvements Assessment
$1,381,492
Total Assessment
$1,819,000
  • Listing ID: 31783367

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 104-106 Grapevine Hwy, Hurst, TX 76054

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