16980 Dallas Pkwy, Dallas, TX

Properties For Sale

at 16980 Dallas Pkwy Contact us

Listing agent Michael Carmichael Show Phone

Listing office Avison Young | Dallas Show Phone

Listing date Mar 6, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Dallas

Report an issue

---

Overview

The property at 16980 N. Dallas Parkway is a stabilized office building offering an occupancy rate of 93.4%. It features five tenants with strong credit profiles and lease expirations extending to 2026. The seller's corporate headquarters has occupied 35% of the property since 2009 and could remain as a tenant under a newly negotiated lease with the new owner. The on-site ownership has maintained the asset and fostered relationships with the building tenants, as evidenced by the stability and longevity of their occupancy. Four of the five tenants, including the owner, have been in place for over 10 years. The property's size and the small number of tenants, averaging just over 11,000 rentable square feet, may allow an investor to self-manage the asset.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Dallas

County

Collin

State

Texas

Longitude

-96.8266

Latitude

32.9789

Nearby Similar for Sale

• 

  $1,400,000

  4,447 SF

  Commercial Property with Yard Access

  Fenced, controlled-access site with office and workshop space, positioned for strong visibility and easy highway access.

  12540 C F Hawn Freeway, Dallas, TX 75253

  View Details
• 

  $750,000

  5,974 SF

  High-Traffic Convenience Retail Store

  For sale retail convenience store opportunity in a high-traffic area, with multiple included addresses and combined structures.

  3415 S Malcolm X Boulevard, Dallas, TX 75215

  View Details
• 

  $950,000

  Mixed-Use Commercial Property with Two Units

  Two income-producing units, including a commissary kitchen and barbershop, positioned for flexible commercial use near major highways.

  9738 Brockbank Drive, Dallas, TX 75220

  View Details
• 

  $699,000

  22,500 SF

  Former Church Redevelopment Facility

  Spacious former church building on a corner lot, offering multiple classrooms and a commercial kitchen for adaptive reuse.

  4759 Sunnyvale Street, Dallas, TX 75216

  View Details
• 

  $2,900,000

  15,286 SF

  Church Campus with Fellowship Facilities

  Move-in ready church campus with sanctuary seating, dining hall, commercial kitchen, and classroom space.

  8568 Stults Road, Dallas, TX 75243

  View Details
• 

  $1,278,000

  5,140 SF

  Multifamily Investment Property

  For sale multifamily asset in Dallas with a compact lot and total building area suited to income-focused ownership.

  2432/2434 Douglas Avenue, Dallas, TX 75219

  View Details
• 

  $599,000

  4,200 SF

  Two-Unit Duplex in Dallas

  Two-unit duplex with 3-bedroom, 3.5-bath layouts and interiors completed through sheetrock and paint.

  5535 Mesa Circle, Dallas, TX 75235

  View Details
• 

  $1,995,000

  Two-Tenant Medical Office Building

  Standalone two-suite medical office with an active dental tenant and a second suite ready for medical or retail.

  820 N Zang Boulevard, Dallas, TX 75208

  View Details
• 

  $995,000

  2,225 SF

  Medical Office Condo with Highway Frontage

  First unit on the right with windows facing Northwest Highway, offering flexible medical, office, or retail use in a condo setting.

  6211 W Northwest Highway, Dallas, TX 75225

  View Details
• 

  $650,000

  Freestanding Medical Office Building

  Free-standing dental office with strong visibility, parking, and office/medical zoning for flexible healthcare or office uses.

  2823 Kendale Drive, Dallas, TX 75220

  View Details
• 

  $549,900

  2,826 SF

  Three-Unit Residential Income Property

  Three-unit property with two 2-bedroom, 1-bath units plus a garage apartment, offering flexible income or redevelopment options.

  4922 Reiger Avenue, Dallas, TX 75214

  View Details
• 

  $700,000

  Flex Space with Grade-Level Roll-Up

  Office-ready flex setup with a high-clear warehouse and a grade-level roll-up door for storage and operations.

  11127 Shady Trail, Dallas, TX 75229

  View Details

FAQs

What type of property is this?

Office building - Stabilized office building with strong tenants and long-term occupancy.

Where is this office building located?

The property is located at 16980 Dallas Pkwy Dallas, TX.

What are key features of this property?

This property features: 93.4% stabilized occupancy with strong credit tenants.; No lease expirations until 2026.; Opportunity to retain Seller's corporate HQ as a tenant with a newly negotiated lease.