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    11551 Forest Central Dr Dallas, TX 75243

    Sponsored
    For Lease
    $15 SF/Yr

    Dallas Medical Office Space Available

    Lot size:
    73,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    Forest Central II, a Class B medical office building in Dallas, Texas, offers 73,330 square feet of space with 18,584 square feet currently vacant. Located at 11551 Forest Central Drive, Dallas, TX 75243, this single, three-story building sits on 2.96 acres and boasts convenient access to major thoroughfares including the North Central Expressway, I-635, US 75, and the North Dallas Tollway. Built in 1979 and extensively renovated in 2020, the property features two elevators and ample parking (3 spaces per 1,000 square feet). The minimum divisible space is 401 square feet, with a maximum contiguous space of 3,693 square feet, making it suitable for a variety of medical practices. On-site amenities include a deli, 24-hour HVAC, and convenient FedEx/Lonestar Overnight/UPS drop boxes. The property is zoned for Mixed Use District 3 in Dallas County and offers a prime location for medical professionals seeking a modern and well-equipped office space. The building's strategic location and recent renovations provide an excellent opportunity for businesses seeking a high-visibility presence in a thriving Dallas neighborhood. This is a multi-tenant building.

    Property Features for 11551 Forest Central Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,330 SF
    Class
    B
    Total Rate
    91662.5

    Building Details

    Year Built/Renovated
    1979/2020
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 124
    Size
    738 SF
    Rate per SF
    $17

    HighLights

    • Flexible lease terms and competitive rental rates.
    • On‑site property management.
    • 3:1,000 parking ratio.
    • Secure garage parking available.
    • Adjacent to the White Rock Trail.
    • Located in a thriving residential and commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carmen L. Smith, ... Psychologist ​Krista McKelvin, MHR, ... Counselor MS Painting and Repair ... General Contractor Jason Fleming: Allstate ... Insurance Agency Carl M. Weisbrod Social Security Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -96.7672154
    Latitude
    32.9053484

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    FAQs

    What type of property is this?
    Medical office - Dallas Medical Office Space Available
    Where is this medical office located?
    The property is located at 11551 Forest Central Dr Dallas, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Flexible lease terms and competitive rental rates.; On-site property management.; 3:1,000 parking ratio.
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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
    11551 Forest Central Dr Dallas, TX 75243
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