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Property profile & analytics
FOR LEASE
Office buildings

1250 W Mockingbird Ln Dallas, TX 75247

133,440 SF 3.06 ac lot Built 1978
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US82-5061226
Property summary
AI-generated overview

This exceptional Class A office building, located at 1250 W Mockingbird Ln, Dallas, TX 75247, offers 125,924 square feet of versatile space ideal for traditional or medical office uses. The six-story building, constructed in 1978 and extensively renovated in 2021, boasts 40 suites, with a minimum divisible space of 1,958 square feet and a maximum contiguous space of 11,102 square feet. Currently, 21,282 square feet are vacant, presenting a significant opportunity for businesses seeking prime Dallas office space. The property sits on a 5-acre lot (192,730 sq ft) and features four elevators, 775 parking spaces, and a convenient location at the intersection of I-35 (Stemmons Freeway) and Mockingbird Lane. Recent capital improvements include a new roof (2017), a state-of-the-art HVAC system (2018) providing six degrees of temperature control, and a complete renovation of common areas, lobbies, and restrooms on floors one through four (2019). The building also benefits from an on-site deli, full-time property management and engineering staff, and is situated near Dallas Love Field and public transportation. This property offers unparalleled convenience and modern amenities, making it an ideal location for businesses seeking a prestigious address in the Stemmons/Mockingbird submarket of Dallas County. Four suites are currently available, ranging from 986 to 10,630 square feet, and are move-in ready.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction FRAME
Total area 133,440 SF
Lot 3.06 ac (133,511 SF)
Zoning code Z151
APN 778556520000
UPID US82-5061226
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
  • Children's Health Dentistry - Dallas Dental Office
  • Alton Gifford McWhorter, DDS Dental Office
  • Jordan Leonard Schweitzer, DDS Dental Office
  • Dan Burch, DDS Dental Office
  • General Insurance Agency Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.81M
Owner & transaction history
Asset 1250 Mockingbird LP · 8 yrs held
Asset 1250 Mockingbird LP
since 2017
7 recorded transactions
2017
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A
2007
Price N/A
2006
Price N/A
2005
Price N/A
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?”
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