Property summary
This exceptional 104,032-square-foot executive office building in Addison, Texas, presents a unique investment opportunity. Situated on a 6.33-acre lot, this single-tenant property boasts ten buildings constructed in 1978 and renovated in 1980. The property features 76 total parking spaces, including 13 covered and 63 open spaces, but lacks elevators. The building's prime location offers convenient access to major transportation arteries, including Addison Airport (within 1 mile), Dallas North Tollway (1.5 miles), Interstate 635 (2.4 miles), and Galleria Dallas (3 miles). The surrounding area boasts a strong demographic profile, with 354,223 residents within a 5-mile radius and an average household income of $121,339. The property includes significant security features such as gated keypad access, exterior lighting, perimeter fencing, security cameras, and 18-wheeler access. Additional amenities include two on-site apartments and a gym. While currently vacant, this property offers substantial potential for redevelopment or lease. The property's Dallas County APN is 10006040004R10000. This offering is available for sale individually or as part of a larger portfolio. Detailed financial information is available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company
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Furniture & Home Goods Home Decor Store
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Car Rental Facility
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Big Box & Wholesale Store
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Moving Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Z395 · Addison, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for Z395 in Addison, TX.
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Find the owner behind the property.
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