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Property profile & analytics
OFF-MARKET
Commercial real estate

2260 Highland Vlg Rd Highland Village, TX 75077-7132

5,772 SF 2.35 ac lot Built 2016
Entity Owned Free & Clear
Property ID
US83-1928746
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2016
Total area 5,772 SF
Lot 2.35 ac (102,192 SF)
APN R693863
UPID US83-1928746
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
MELGAR FACILITY MAINTENANCE LLC
MELGAR FACILITY MAINTENANCE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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