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Office Space at Addison Airport
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4500 Westgrove Dr, Addison, TX

Office space with hangar access and on-site management.

Property Size2,187 SF
Lot Size377.58 Acres
Days on Market1515

Property Features for 4500 Westgrove Dr

General Information

Standard status Active
Size 2,187 SF
Lot size 377.58 Acres
Property subtype OFFICE
Listing Agency: Lee & Associates | Dallas/Fort Worth
Listed By: Nathan Denton · License #475649
Source: Moodyscre
Added: Jun 8, 2022 Changed: Jul 6 Last Checked: Jul 21 at 6:20AM

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 Lee & Associates | Dallas/Fort Worth

Investment Insights

Based on property information with market context.

This office space is located on Addison Airport and features a hangar attached to the building. The property benefits from on-site building management and reserved garage parking. The building has a unique architectural design, highlighted by a 3-story atrium. The property contains 2,187 square feet.

Key Highlights

  • Hangar attached to building
  • Located on Addison Airport
  • Architecturally unique with 3‑story atrium

Property Analytics

Current Use

X-DOT LLC Engineer Biel Partners Commercial ... Real Estate Agency King Aerospace Distribution Center Acrisure Aerospace Addison, ... Insurance Agency Creative Financial Pros Financial Advisor

Suggested Use

Top Pick Restaurant Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,262
Businesses Nearby

Market

Lease Benchmarks for Addison, TX

$26.53 /SF/Yr
Avg Asking Price
$22.14–$31 /SF/Yr
Price Range
7,107 SF
Avg Space Size

This space is priced 27% below the average of $26.53 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with hangar access and on-site management.
Where is this office units located?
The property is located at 4500 Westgrove Dr Addison, TX.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Hangar attached to building; Located on Addison Airport; Architecturally unique with **3‑story atrium**
(214) 229-0611 Call to check price and availability
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