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    1341 Mockingbird Ln Dallas, TX 75247

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    For Lease
    Contact for pricing

    Premium Dallas Office Suites, Move-In Ready

    Lot size:
    448,337 SF

    Property Features for 1341 Mockingbird Ln

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    448,337 SF
    Class
    A
    Total Rate
    747228.33

    Building Details

    Year Built
    1973
    Buildings
    2
    Stories
    12

    Spaces For Lease

    at 1341 Mockingbird Ln, Dallas, TX 75247 Contact us
    Unit Suite 100E

    $240 /Mo

    Size
    2,461 SF
    Contact us
    Unit Suite 103E

    $20 /Mo

    Size
    907 SF
    Contact us
    Unit Suite 105W

    $240 /Mo

    Size
    1,096 SF
    Contact us
    Unit Suite 106W

    $20 /Mo

    Size
    1,307 SF
    Contact us
    Unit Suite 107W

    $20 /Mo

    Size
    6,690 SF
    Contact us
    Unit Suite 113E

    $20 /Mo

    Size
    844 SF
    Contact us
    Unit Suite 145E

    $20 /Mo

    Size
    1,455 SF
    Contact us
    Unit Suite 200W

    $27 /Mo

    Size
    3,705 SF
    Contact us
    Unit Suite 210E

    $27 /Mo

    Size
    3,828 SF
    Contact us
    Unit Suite 245W

    $26 /Mo

    Size
    1,457 SF
    Contact us
    Unit Suite 245E

    $27 /Mo

    Size
    1,457 SF
    Contact us
    Unit Suite 600E

    $26 /Mo

    Size
    17,563 SF
    Contact us
    Unit Suite 750W

    $27 /Mo

    Size
    5,188 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Grant Gomez
    Grant Gomez

    Listing Agency: TXRE Properties, LLC Listing Agent: Grant Gomez

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

    Learn more

    Property Insight Report

    Overview

    Mockingbird Towers, located at 1341 W Mockingbird Lane, Dallas, TX 75247, offers exceptional office space in the West Love submarket of Dallas County. This Class A property features two 12-story buildings totaling 448,337 square feet, with suites ranging from 1,000 to 17,564 contiguous square feet. The property boasts a fully renovated lobby, common area, and lounge, situated beneath an elegant atrium. The West Tower's top floor offers customizable, open-plan suites with stunning views of the surrounding area, including the nearby medical district (a six-minute drive from UT Southwestern Medical Center). Its prime location directly off I-35/Stemmons Freeway provides excellent visibility and brand awareness opportunities via monument signage. A short commute to downtown Dallas (under 15 minutes) is a key benefit. Amenities include 750 surface and 380 covered parking spaces, a fitness center with showers, multiple conference rooms, and a golf simulator. Nearby casual dining options and an on-site deli cater to employees' needs. Convenient access to Dallas Love Field (seven minutes) and DFW International Airport (under 30 minutes) adds to the property's appeal. The property also offers proximity to Brookhollow Country Club (five minutes away). The zoning is MU-3, and the 13.9-acre site includes nine total suites. This multi-tenant building is ideal for businesses seeking modern, convenient, and amenity-rich office space in a thriving Dallas location. The property was built in 1973.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jennifer Lynn Hughes, ... Medical Clinic Alexis Inabinet Clyde, ... Medical Clinic Airrosti Mockingbird Towers Alternative Medicine Practice The Five Star Institute Association Or Organization Premier Financial Alliance, ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office 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

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8658326
    Latitude
    32.8221042

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    FAQs

    What type of property is this?
    Office units - Premium Dallas Office Suites, Move-In Ready
    Where is this office units located?
    The property is located at 1341 Mockingbird Ln Dallas, TX.
    What is the lease rate?
    The lease rate is $20-$240 SF/Yr.
    (214) 734-4725 Call to check price and availability
    Request Owner's contact information
    1341 Mockingbird Ln Dallas, TX 75247
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1341 Mockingbird Ln Dallas, TX 75247
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant Gomez
    Grant Gomez
    Real Estate License ID: 581997
    (214) 734-4725 (214) 630-2653
    Learn more
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