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Property profile & analytics
OFF-MARKET
Office Spaces

8585 Stemmons Ave Dallas, TX 75247

449,000 SF Built 1973
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 1973
Total area 449,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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