8700 N Stemmons Fwy Dallas, TX 75247
Four-story office building with development potential in revitalized West Love Field.
Property size:
266,966 SFLot size:
8.93 AcresProperty 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
Source:
Crexi
Listing Agency: Younger Partners Listing Agent: Scot Farber
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.8731303
- Latitude
- 32.8314814
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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.
