• Description
  • Details
1301 Municipal provides an investor a unique opportunity to purchase an institutional-quality office building
at a lower price point than most Class A facilities providing an attractive return for an equity investor. The
Property is located in the high-growth area of northeast Tarrant County in the affluent Grapevine/Colleyville/
Southlake corridor which is home to many celebrities, actors and sports figures. The building is minutes from
DFW Airport and walkable to dozens of restaurants, wineries, bars and hotels including the new Vin and Ritz
Carlton developments. Tenants also have walkable access to a beautiful state-of-the-art gym and swimming
pool at a discounted rate. The building is ideally located and has plenty of parking. Thus, the occupancy has
remained high and is currently at 95%. Two of the four tenants have been in the building for many years. The
5% vacancy is the owner-occupied management office which could be leased to further enhance profitability.
The office is very well maintained and in excellent condition. The owners completed over $500K of upgrades in
2018/2019. Additional financial information in available upon execution of a confidentiality agreement.
  • Property Type : Office
  • Class : C
  • Property Size : 30,480
  • Year Built : 1997
  • Stories : 2
  • Typical Floor Size : 15,240
  • Elevators : 0
Jim Sager

Vice President

Fort Worth, Texas

(817) 259-3542

vCard

Photos

  • Exterior (1)
  • Interior (7)

Available Space (1)

Suite
Attachments
Sqft
Rate
Type
Max Contiguous
Lease Type
Cam Charges
1301 Municipal Way 30,480 $8,100,000.00 Sale 30,480
• Building Size: 30,480 SF
• Land Size: 1.7 Acres

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1301 Municipal Way OM Flyer DOWNLOAD