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    8585 Stemmons Ave Dallas, TX 75247

    For Lease
    $17 SF/Yr

    Class A Dallas office space, multiple tenancies available.

    Lot size:
    449,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Ricchi Towers presents a unique investment opportunity in the heart of Dallas, Texas. This Class A property comprises two interconnected 11-story office buildings, totaling 449,000 square feet. Each building offers 224,500 square feet of premium office space, perfect for executive or medical office uses. The property boasts a range of suite sizes, from a minimum of 227 square feet to a maximum contiguous space of 19,296 square feet, with 260,989 square feet currently vacant. Built in 1973 and renovated in 1999, the buildings feature exceptional amenities including on-site security, a fitness center, a deli, tenant conference facilities, and ample covered and surface parking (800 spaces). Dual electric feeds from separate substations ensure reliable power. Located at 8585 N Stemmons Freeway, Dallas, TX 75247, this property enjoys a prime location, just 15 minutes from Downtown Dallas and DFW International Airport, and 5 minutes from the LBJ Freeway and Interstate 30, placing it in the center of the Dallas Metroplex. The property is zoned MU-3 in Dallas County and is part of the Stemmons submarket. This is an exceptional opportunity to acquire a well-maintained, amenity-rich office complex with significant potential.

    Property Features for 8585 Stemmons Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    449,000 SF
    Class
    A
    Total Rate
    636083.33

    Building Details

    Year Built/Renovated
    1973/1999
    Buildings
    2
    Stories
    11

    Unit(s) available at that property

    Space
    Suite 1000N
    Size
    19,275 SF
    Rate per SF
    $17
    Space
    Suite 101S
    Size
    1,180 SF
    Rate per SF
    $18
    Space
    Suite 315S
    Size
    2,434 SF
    Rate per SF
    $18
    Space
    Suite 107N
    Size
    8,421 SF
    Rate per SF
    $18
    Space
    Suite 140M
    Size
    2,729 SF
    Rate per SF
    $18
    Space
    Suite 130M
    Size
    12,468 SF
    Rate per SF
    $18
    Space
    Suite 200N
    Size
    18,371 SF
    Rate per SF
    $18
    Space
    Suite 200S
    Size
    15,136 SF
    Rate per SF
    $18
    Space
    Suite 450N
    Size
    8,134 SF
    Rate per SF
    $18
    Space
    Suite 490S
    Size
    7,469 SF
    Rate per SF
    $18
    Space
    Suite 500S
    Size
    11,172 SF
    Rate per SF
    $18
    Space
    Suite 520S
    Size
    1,260 SF
    Rate per SF
    $18
    Space
    Suite 910S
    Size
    8,134 SF
    Rate per SF
    $18
    Space
    Suite 600N
    Size
    10,028 SF
    Rate per SF
    $18
    Space
    Suite 900N
    Size
    19,275 SF
    Rate per SF
    $18
    Space
    Suite 900S
    Size
    5,048 SF
    Rate per SF
    $18
    Space
    Suite 800S
    Size
    18,575 SF
    Rate per SF
    $18
    Space
    Suite 700S
    Size
    13,880 SF
    Rate per SF
    $18
    Space
    Suite 750S
    Size
    4,427 SF
    Rate per SF
    $18
    Space
    Suite 250N
    Size
    2,618 SF
    Rate per SF
    $18
    Space
    Suite 100S
    Size
    1,947 SF
    Rate per SF
    $18

    HighLights

    • Ample parking: 800 spaces available.
    • Partially renovated: Building features a blend of 1973 and 1999 construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8748064
    Latitude
    32.8295956

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    FAQs

    What type of property is this?
    Medical office - Class A Dallas office space, multiple tenancies available.
    Where is this medical office located?
    The property is located at 8585 Stemmons Ave Dallas, TX.
    What is the lease rate?
    The lease rate is $17-$18 SF/Yr.
    What are key features of this property?
    This property features: Ample parking: 800 spaces available.; Partially renovated: Building features a blend of 1973 and 1999 construction.;
    Request Owner's contact information
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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
    8585 Stemmons Ave Dallas, TX 75247
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