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8700 N Stemmons Fwy Dallas, TX 75247

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Four-story office building with development potential in revitalized West Love Field.

Property size:
266,966 SF
Lot size:
8.93 Acres

Property Features for 8700 N Stemmons Fwy

General Information

Standard status
Active
Size
266,966 SF
Lot size
8.93 Acres

Building Details

Year built
1972

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Listing Contact
Scot Farber
Source: Crexi

Listing Agency: Younger Partners Listing Agent: Scot Farber

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Four-Story Office Building on IH-35

This four-story office building, constructed in 1972, is situated in the West Love Field area. The property, located on IH-35 (Stemmons Freeway), occupies a significant 8.93-acre land site, offering long-term development potential. The West Love Field submarket's location near the medical and design districts is contributing to the area's rebranding, with new developments altering the surroundings in the coming years. The property is currently 71% leased to a small number of tenants, providing cash flow and a short-term weighted average lease term (WALT). Over 50% of the leased space is utilized by the State of Texas on a lease that runs through the end of 2027. Depending on investment objectives, the building can continue to be operated at a return level above market, or work can begin to vacate the building for redevelopment. The property size is 266966 square feet.
Location Intelligence

Current Use by Public Records

Integrity Document Services ... Business Management Consultant Texas DFPS Department Of Social Services Lundy Services Hardware & Home Improvement Etech Global Services Telecommunications Service Texas State Office ... State Government Office

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Law Firm Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Dallas
County
Collin
State
Texas
Longitude
-96.8731303
Latitude
32.8314814

FAQs

What type of property is this?
Office building - Four-story office building with development potential in revitalized West Love Field.
Where is this office building located?
The property is located at 8700 N Stemmons Fwy Dallas, TX.
What are key features of this property?
This property features: - Significant 8.93-acre land site on IH-35 (Stemmons Freeway) offering long-term development opportunity.; - Existing cash flow from 71% leased office building provides immediate returns.; - Lease to the State of Texas occupies over 50% of the leased space through the end of 2027.
More about this property
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