Triple-Net Office Building for
For Sale
Contact for pricing
1700 Science Place, Rockwall, TX 75032
Fee-simple office building offered with triple-net leases and current NOI of $750,000, with scheduled annual increases.
Property Size49,920 SF
Days on Market64
Property Features for 1700 Science Place
General Information
Standard status
Active
Size
49,920 SF
Class
C
Property subtype
Office
Building Details
Year Built
2009
Stories
1
Listing Agency:
Transwestern Fort Worth
(817) 259-3519
Listed By:
Bill Behr · License #692962
(817) 259-3519
Source:
Transwestern
Added: Jun 7
Changed: Aug 8
Last Checked: Jun 12 at 1:37AM
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.
This fee-simple office building is offered for sale with a triple-net lease structure designed for minimal landlord responsibilities. Current NOI is listed at $750,000 with 2.25% annual increases, and the next scheduled rental increase is 01/01/2027. Total combined NOI is reported as $2,286,722.92 as of 6/1/2026, with a lease expiration date of 12/31/2030.
The property is located at 1700 Science Place in Rockwall, Texas 75032. The provided information focuses on the income and lease terms rather than unit-level layouts or building-specific physical features, and the offering is presented as an ownership position in the land and building.
This asset is likely to appeal to investors or owner-users seeking a straightforward, income-oriented office property with long-dated lease coverage through 12/31/2030. The triple-net structure and minimal landlord responsibilities can be attractive for those who prefer to limit operational involvement while holding a property with documented NOI, annual increase terms, and a clearly identified next rental increase date.
The property is located at 1700 Science Place in Rockwall, Texas 75032. The provided information focuses on the income and lease terms rather than unit-level layouts or building-specific physical features, and the offering is presented as an ownership position in the land and building.
This asset is likely to appeal to investors or owner-users seeking a straightforward, income-oriented office property with long-dated lease coverage through 12/31/2030. The triple-net structure and minimal landlord responsibilities can be attractive for those who prefer to limit operational involvement while holding a property with documented NOI, annual increase terms, and a clearly identified next rental increase date.
Key Highlights
- Fee‑simple office building built in 2009
- Current NOI of $750,000 with 2.25% annual increases
- Next rental increase scheduled for 01/01/2027
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
196
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fee-simple office building offered with triple-net leases and current NOI of $750,000, with scheduled annual increases.
Where is this office building located?
The property is located at 1700 Science Place Rockwall, TX.
What are key features of this property?
This property features: Fee‑simple office building built in 2009; Current NOI of $750,000 with 2.25% annual increases; Next rental increase scheduled for 01/01/2027
