Single-Tenant Triple Net Office
For Sale
Contact for pricing
1615-1701 Science Place, Rockwall, TX 75032
Two single-tenant triple-net office buildings leased to L3Harris, with a SCIF room included in one building.
Property Size155,670 SF
Days on Market54
Property Features for 1615-1701 Science Place
General Information
Standard status
Active
Size
155,670 SF
Property subtype
Industrial
Occupancy
100%
Building Details
Stories
2
Tenancy
Single
Listing Agency:
Transwestern | Fort Worth
(817) 259-3519
Listed By:
Bill Behr · License #692962
(817) 259-3519
Source:
Transwestern
Added: Jun 7
Changed: Jul 10
Last Checked: Jul 30 at 2:27AM
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 Transwestern | Fort Worth
Investment Insights
Based on property information with market context.
Two single-story, single-tenant office buildings are available for sale on a triple net basis, occupied by L3 Technologies (NYSE: LHX) and now part of L3Harris Technologies. The 1700 Science Place building contains approximately 50,000 square feet and includes private offices and workstations, along with a Sensitive Compartmented Information Facility (SCIF Room). The 1615-1701 Science Place building contains approximately 100,000 square feet and was occupied by L3 Technologies beginning June 2015. The buildings may be acquired together or individually.
The buildings are located across the street from one another in Rockwall, Texas. L3 has occupied the 1700 Science Place building since January 2010, and the tenant recently executed a five-year lease extension for the 1700 building. On the 1615-1701 Science Place building, L3 relinquished an early termination option, reflecting continued commitment to both properties.
For investors or owner-operators seeking a stabilized, single-tenant office structure, these assets provide dedicated facilities supporting mission-critical operations. Because the properties are leased on a triple net basis and are occupied by a long-term defense and aerospace technology provider, they may appeal to buyers looking for a relatively straightforward occupancy profile within an office campus setting.
The buildings are located across the street from one another in Rockwall, Texas. L3 has occupied the 1700 Science Place building since January 2010, and the tenant recently executed a five-year lease extension for the 1700 building. On the 1615-1701 Science Place building, L3 relinquished an early termination option, reflecting continued commitment to both properties.
For investors or owner-operators seeking a stabilized, single-tenant office structure, these assets provide dedicated facilities supporting mission-critical operations. Because the properties are leased on a triple net basis and are occupied by a long-term defense and aerospace technology provider, they may appeal to buyers looking for a relatively straightforward occupancy profile within an office campus setting.
Key Highlights
- Two single‑tenant triple‑net leased office buildings in Rockwall, TX leased to L3Harris Technologies (NYSE: LHX).
- 1700 Science Place: single‑story 50,000 SF office building leased to L3 since January 2010.
- 1615‑1701 Science Place: single‑story 100,000 SF office building leased to L3 since June 2015.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two single-tenant triple-net office buildings leased to L3Harris, with a SCIF room included in one building.
Where is this office building located?
The property is located at 1615-1701 Science Place Rockwall, TX.
What are key features of this property?
This property features: Two single‑tenant triple‑net leased office buildings in Rockwall, TX leased to L3Harris Technologies (NYSE: LHX).; 1700 Science Place: single‑story 50,000 SF office building leased to L3 since January 2010.; 1615‑1701 Science Place: single‑story 100,000 SF office building leased to L3 since June 2015.
