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    FOR LEASE
    Parking lots & garages

    12400 Coit Rd, Dallas, TX 75251

    320,590 SF 2.66 ac lot Built 1999
    Entity Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US83-3662462
    Property summary
    AI-generated overview

    Churchill Tower presents a unique opportunity to lease in a prestigious Class A office building in Dallas County. This twelve-story, 277,187 square foot building, constructed in 2000, boasts a striking modern design. The impressive four-story atrium, finished with natural stone flooring and rich wood paneling in the lobbies, creates an unparalleled atmosphere. Available spaces range from 1,446 to 14,554 square feet, catering to a variety of business needs. Tenants enjoy a comprehensive suite of amenities, including a deli/sundry shop, fitness center, a new tenant conference center, and a print shop. Security is paramount with 24/7 on-site security and a state-of-the-art security system. Parking is exceptionally convenient, with 100% garage parking for tenants and visitors, encompassing a seven-level structured garage and a two-level secured executive garage. The building's commitment to efficiency is evident in its Energy Star awards received in 2012, 2013, 2014, 2015, and 2016, reflecting its commitment to sustainability. Additional features include fiber optics redundancy and on-site tenant storage. This property offers a sophisticated and functional workspace in a prime Dallas location. Contact us today to learn more about available spaces and lease terms.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 1999
    Construction FRAME
    Total area 320,590 SF
    Lot 2.66 ac (115,695 SF)
    Zoning code Z151
    APN 007752000A0080000
    UPID US83-3662462
    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
    Current use
    Occupant on record · Public records
    • Level Four Financial Financial Advisor
    • Brinjac Engineering Engineering Consultant
    • Level Four Insurance Agency Insurance Agency
    • Arog Pharmaceuticals Factory Production Facility
    • Hance Law Group, PC Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.09M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.48M
    Blend (final) Blend
    $1.79M
    Owner & transaction history
    AMERICAN NATL INS CO
    AMERICAN NATL INS CO
    Zoning & alternative use
    Z151 · Dallas, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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