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Property profile & analytics
FOR LEASE
Office buildings

15851 Dallas Pkwy 600 Addison, TX 75001

301,000 SF 3.88 ac lot Built 1983
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-3308265
Property summary
AI-generated overview

This Class A Addison, Texas office building, located at 15851 Dallas Parkway Suite 600, offers 23,980 square feet of premium workspace. The building, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The property boasts a variety of options, including private, fully furnished, and equipped offices suitable for individuals or large companies. These range from serviced and custom offices to disaster recovery spaces and day offices, offering flexible access. Amenities include state-of-the-art videoconferencing facilities. The building is conveniently located near a hotel, making client meetings easy. Its stunning architecture and surrounding greenery create a calming and productive work environment. The building includes elevators and is situated in Dallas County, Texas, zip code 75001. A benefits program with exclusive discounts and procurement support is also available. This property is ideal for businesses seeking flexible, modern, and well-equipped office space in a prime Addison location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction FRAME
Total area 301,000 SF
Lot 3.88 ac (168,795 SF)
Zoning code Z236
APN 10000510000010000
UPID US82-3308265
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
  • Behavioral Innovations HQ Medical Clinic
  • Delta Group High School Daycare Center
  • Worksoft (Bike/Boat/Book/etc) Store Corporate Office
  • Next Steps Worldwide Physician Medical Clinic
  • Cross Roads Group Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.90M
Owner & transaction history
Par Capital-madison LLC · 9 yrs held
Par Capital-madison LLC
since 2016
3 recorded transactions
2020
Price N/A
2016
Price N/A
2006
Price N/A
Zoning & alternative use
Z236 · Addison, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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