Property profile

16775 Addison Rd Addison, TX 75001

FOR LEASE
Office buildings
Property ID
US82-2390324
123,452 SF 4.18 ac lot Built 1981
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Atrium at Bent Tree, located at 16775 Addison Rd in Addison, Texas (zip code 75001), offers exceptional office space for lease. This Class B building, constructed in 1986 and extensively renovated in 2021, boasts a total of 112,400 square feet across six stories. The property features a single building with four elevators, providing convenient access to all floors. Multiple tenancy options are available, with spaces ranging from a minimum of 697 square feet to a maximum contiguous space of 4,430 square feet. Currently, 4,430 square feet of space is immediately available. The building offers ample parking with a ratio of 3.7 spaces per 1000 square feet. Its convenient location in Dallas County, near the cross street of Trinity Mills, makes it easily accessible. The Atrium at Bent Tree caters to both executive and creative office needs, offering a modern and updated workspace in a desirable Addison location. The property is ideal for businesses seeking flexible and adaptable office solutions.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction FRAME
Total area 123,452 SF
Lot 4.18 ac (182,168 SF)
Zoning code Z236
APN 10001980000000000
UPID US82-2390324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Business Service Center Employment Agency
  • Medical Clinic
  • Physician Medical Clinic
  • Financial Advisor

Location

16775 Addison Rd Addison, TX 75001
Addison metro Census 13727 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$2.11M

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

Z236 · Addison, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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