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Office Units Adjacent to Addison Circle Park
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5040 Addison Cir, Addison, TX 75001

Office units offer easy access to Dallas North Tollway and are adjacent to Addison Circle Park.

Space Size6,660 SF
Days on Market867

Property Features for 5040 Addison Cir

General Information

Standard status Active
Size 6,660 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Spaces For Lease

at 5040 Addison Cir Contact us

5040 Addison Cir

Floor
2
Size
6,660 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located Adjacent to Addison Circle Park - Over 100,000 SF of Restaurants, Retail...
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Listing Agency: JLL | Dallas
Listed By: Trevor Franke · License #646607
Source: Moodyscre
Added: Mar 27, 2024 Changed: Aug 8 Last Checked: Aug 9 at 1:50PM

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 JLL | Dallas

Investment Insights

Based on property information with market context.

Office units at 5040 Addison Cir provide a total area of 6,660 SF. The property is located adjacent to Addison Circle Park.

The surrounding area offers a broad mix of dining, retail, and other amenities, with more than 100,000 SF of restaurants and retail nearby. Dallas North Tollway provides easy access, and the property is described as approximately 25 minutes to DFW Airport and about 20 minutes to Dallas Love Field. The area is also surrounded by upscale apartments, townhomes, and condominiums.

For nearby conveniences, Body District Fitness Center is within walking distance, and New York Pizza and Pints is nearby. The asset is offered as a rental; contact brokers for more information.

Key Highlights

  • 6,660 SF office units
  • Adjacent to Addison Circle Park
  • Easy access to Dallas North Tollway

Property Analytics

Current Use

First Preston HT Property Management Company MAA Regional Office ... Apartment Building Sean Hassinger Physician Koupon (Bike/Boat/Book/etc) Store tegan Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Fish Market Clothing & Fashion Store Grocery & Convenience Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,665
Businesses Nearby

Demographics for 75001, TX

16,528
Population
10,590
Households
1.6
Avg Household Size
34
Median Age
61%
College-Educated
97%
High-School Grad
3.8 sq mi
ZIP Area
4,349
Density / Sq Mi
$82,577
Median Household Income
$55,977
Median Earnings
$1,717
Median Rent
$455,800
Median Home Value

Market

Lease Benchmarks for Addison, TX

$26.53 /SF/Yr
Avg Asking Price
$22.14–$31 /SF/Yr
Price Range
6,727 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Office units offer easy access to Dallas North Tollway and are adjacent to Addison Circle Park.
Where is this office units located?
The property is located at 5040 Addison Cir Addison, TX.
What are key features of this property?
This property features: 6,660 SF office units; Adjacent to Addison Circle Park; Easy access to Dallas North Tollway
(214) 438-6174 Call to check price and availability
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