Current Use by Public Records
- Office Spaces
Property Details for 6800 Heritage Pkwy
- Year built
- 1985
- Lot size
- 1.25 lot acres
- Property type
- Office Spaces
Description
This exceptional two-story office building, encompassing 15,766 square feet, presents a compelling investment opportunity. Situated on a 1.25-acre lot in Rowlett, Texas, at 6800 Heritage Parkway, this multi-tenant property boasts a strong 8.4% capitalization rate. Currently 100% leased at closing, including a master lease for the remaining 1,700 square feet of vacant space, this asset offers immediate cash flow. The building features eight existing tenants, a mix of office and medical professionals, creating a diverse and stable tenant base. Constructed in 1985 with wood-framed construction, the property has undergone recent upgrades, including a brand-new roof installed in December 2023 and fresh paint. Ample parking is provided, with a generous ratio of 4.45 spaces per 1,000 square feet. Its prime location, conveniently situated east of Baylor Scott & White Hospital and with easy access to Interstate 30, ensures high visibility and accessibility. This property offers a rare chance to acquire a well-maintained, high-performing office building with significant upside potential through leasing the remaining vacant space. The strong tenant mix and desirable location make this an attractive investment for discerning buyers. Bring offers!
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Rockwall
- State
- Texas
- Longitude
- -96.5069
- Latitude
- 32.9201
