10807 Hwy Dallas, TX 75238
This exceptional investment opportunity presents a single-tenant, 6,662 square foot Class B office building located at 10807 E NW Hwy, Dallas, TX 75238, in the desirable White Rock market, approximately 20 minutes from downtown Dallas. The property, built in 1969 and renovated in 2013, sits on one acre and features a single-story structure. Currently 100% occupied by RE Tech Advisors, a portfolio company of Blackstone, under a Net Lease (NNN) agreement, the property offers a strong, stable income stream. The lease commenced July 1, 2022, with a remaining term of approximately 2.6 years (expiring June 20, 2027), and includes two, five-year lease options. The asking price is $2,371,765, representing an 8.50% cap rate and a Net Operating Income (NOI) of $201,600. This presents a compelling investment opportunity with significant potential for value-add improvements in the future. The tenant's strong financial backing provides security and stability for long-term growth. The property's prime location and excellent accessibility contribute to its high market demand.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.