2260 Highland Vlg Rd Highland Village, TX 75077-7132
- Commercial real estate
- 5,772 SF
- 2.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2260 Highland Vlg Rd
- Year built
- 2016
- Lot size
- 2.35 lot acres
- Property size
- 5,772 SF
- Property type
- Commercial real estate
- APN
- R693863
- APU
- R693863
Description
This exceptional investment opportunity presents a 5,745 square foot, four-tenant office building located at 2260 Highland Village Road in Highland Village, Texas, 75077. Boasting a 100% occupancy rate with NNN leases, this property offers a compelling 6.60% cap rate. Built in 2016 and 2017 (with renovations in 2021), the building sits on a 2.346-acre lot and provides ample parking with 53 spaces (9.2 spaces per 1,000 square feet). The property benefits from a prime location, easily accessible via FM 407, I-35E, and FM 2499, and is surrounded by other professional and medical office tenants, ensuring a strong tenant base and high visibility. The building features a mix of general office suites, and operating expenses are $7.94 per square foot annually. This is a turnkey investment opportunity with a strong tenant roster and excellent location in a thriving area with abundant retail and restaurant options nearby. The building's modern design and recent renovations ensure long-term value and appeal to tenants. This property is ideal for investors seeking a stable, high-performing asset in a desirable Texas market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Highland Village
- County
- Denton
- State
- Texas
- Longitude
- -97.0595
- Latitude
- 33.0741
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
