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Single-Tenant Triple Net Office Building
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1700 Science Pl, Rockwall, TX 75032

Mission-critical office building featuring a SCIF room, occupied by L3 Technologies under a triple-net lease.

Property Size50,000 SF
Days on Market65

Property Features for 1700 Science Pl

General Information

Standard status Active
Size 50,000 SF
Property subtype Office, Industrial

Building Details

Year Built 2009
Tenancy Single
Listing Agency: Transwestern Houston
Listed By: Bill Behr · License #TX 351049
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 7 at 10:23AM

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 Houston

Investment Insights

Based on property information with market context.

This for-sale, single-tenant office building is leased on a triple-net basis to L3 Technologies, Inc. (NYSE: LHX). The approximately 50,000-square-foot property includes private offices and workstations and features a Sensitive Compartmented Information Facility (SCIF Room), supporting mission-critical operational needs. L3 has occupied the building since January 2010, and the tenant recently executed a five-year lease extension.

The building is located at 1700 Science Pl in Rockwall, Texas, within the Rockwall Technology Park context described in the materials. L3 Technologies also leases a 100,000-square-foot office/warehouse property across the street, reflecting an ongoing presence in the immediate area.

For buyers or tenant-oriented investors seeking a stabilized, mission-critical office asset, this property offers a purpose-built configuration that includes a SCIF Room and is currently tied to a long-term tenant. The lease extension provides continued occupancy by L3 (now L3Harris Technologies, Inc. following the 2019 merger with Harris Corporation), which supports mission-critical command-and-control, secure communications, surveillance, and aerospace/maritime solutions for military and government customers.

Key Highlights

  • Single‑tenant triple‑net leased office building leased to L3 Technologies, Inc. (NYSE: LHX)
  • Leased to L3 since January 2010, with a recently executed five‑year lease extension
  • Mission‑critical building includes a Sensitive Compartmented Information Facility (SCIF) room

Property Analytics

Current Use

L3Harris ComCept (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Restaurant Spa & Massage Center Real Estate Agency Garden 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

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

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 building - Mission-critical office building featuring a SCIF room, occupied by L3 Technologies under a triple-net lease.
Where is this office building located?
The property is located at 1700 Science Pl Rockwall, TX.
What are key features of this property?
This property features: Single‑tenant triple‑net leased office building leased to L3 Technologies, Inc. (NYSE: LHX); Leased to L3 since January 2010, with a recently executed five‑year lease extension; Mission‑critical building includes a Sensitive Compartmented Information Facility (SCIF) room
(817) 877-4433 Call to check price and availability
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