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    12201 Merit Dr Dallas, TX 75251

    Sponsored
    For Lease
    $14 SF/Yr

    Class A Office Space, 10 Suites Available

    Lot size:
    196,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Two Forest Plaza, located at 12201 Merit Dr, Dallas, TX 75251, presents a prime opportunity for businesses seeking high-quality office space. This Class A, 196,215 square foot building, constructed in 1981, offers a variety of suite sizes ranging from 2,326 to 18,573 square feet, accommodating diverse tenant needs. The property is ideally situated within the Park Central Business Park, providing convenient access to nearby hotels and restaurants. The building features a six-level covered parking garage ensuring ample parking for tenants and visitors. Additional amenities include a state-of-the-art conference center, a fully equipped fitness center, and a dedicated loading/service area for efficient operations. Tenants benefit from tenant-controlled HVAC systems, providing customized climate control. On-site management and a security guard provide peace of mind, further enhanced by an after-hours passcard security system. Two Forest Plaza has achieved the prestigious BOMA 360 designation, signifying its commitment to exceptional building management and operational excellence. This multi-tenant building offers a blend of medical and traditional office spaces, making it a versatile option for a wide range of businesses. The building's prime location, comprehensive amenities, and commitment to security and efficiency make it an attractive investment opportunity.

    Property Features for 12201 Merit Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    196,215 SF
    Class
    A
    Total Rate
    228917.5

    Building Details

    Year Built
    1981

    Unit(s) available at that property

    Space
    Suite 1100
    Size
    18,567 SF
    Rate per SF
    $14
    Space
    Suite 220
    Size
    2,326 SF
    Rate per SF
    $14
    Space
    Suite 270
    Size
    4,992 SF
    Rate per SF
    $14
    Space
    Suite 795
    Size
    3,292 SF
    Rate per SF
    $14
    Space
    Suite 600
    Size
    2,368 SF
    Rate per SF
    $14
    Space
    Suite 630
    Size
    6,797 SF
    Rate per SF
    $14
    Space
    Suite 1000
    Size
    18,567 SF
    Rate per SF
    $14
    Space
    Suite 800
    Size
    18,573 SF
    Rate per SF
    $14
    Space
    Suite 700
    Size
    3,407 SF
    Rate per SF
    $14
    Space
    Suite 775
    Size
    5,674 SF
    Rate per SF
    $14

    HighLights

    • Class A, 196,215 SF office building in Dallas' Park Central Business Park.
    • Suites range from 2,326 to 18,573 SF.
    • Six‑level covered parking garage.
    • On‑site amenities include a conference center and fitness center.
    • Features tenant‑controlled HVAC, on‑site management, and 24/7 security.
    Property Profile Location Intelligence

    Current Use by Public Records

    Davenport & Epstein, P.C. General Practice Attorney Hector Salomon New ... Life Insurance Agency New York Life ... Life Insurance Agency New York Life ... Insurance Agency Kews Radio Broadcaster

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.773719
    Latitude
    32.9139562

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    FAQs

    What type of property is this?
    Medical office - Class A Office Space, 10 Suites Available
    Where is this medical office located?
    The property is located at 12201 Merit Dr Dallas, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Class A, 196,215 SF office building in Dallas' Park Central Business Park.; Suites range from 2,326 to 18,573 SF.; Six-level covered parking garage.
    Request Owner's contact information
    12201 Merit Dr Dallas, TX 75251
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    Dallas, TX 75251
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    Realmo Value Estimation

    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.

    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.

    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
    12201 Merit Dr Dallas, TX 75251
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