Mill Haven Plaza | 104-106 Grapevine Hwy
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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)
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
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
Parcel Number | 41009290 | Improvements Assessment | $1,381,492 |
Land Assessment | $437,508 | Total Assessment | $1,819,000 |
PROPERTY TAXES
Parcel Number
41009290
Land Assessment
$437,508
Improvements Assessment
$1,381,492
Total Assessment
$1,819,000
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Mill Haven Plaza | 104-106 Grapevine Hwy
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