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Four-Story Office Building on IH-35
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8700 N Stemmons Fwy, Dallas, TX 75247

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

Property Size266,966 SF
Lot Size8.93 Acres
Days on Market185

Property Features for 8700 N Stemmons Fwy

General Information

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

Building Details

Year Built 1972
Stories 4
Listing Agency: Younger Partners
Listed By: Scot Farber · License #TX 387839
Source: Crexi
Added: Feb 20 Changed: Aug 13 Last Checked: Aug 23 at 11:12PM

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 Younger Partners

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

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

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Daycare Center Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,848
Businesses Nearby

Demographics for 75247, TX

830
Population
338
Households
2.5
Avg Household Size
51
Median Age
10%
College-Educated
72%
High-School Grad
6.6 sq mi
ZIP Area
126
Density / Sq Mi
$20,274
Median Household Income
$8,500
Median Earnings
$1,218
Median Rent

Market

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025
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Frequently Asked Questions

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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