5250 President George Bush hwy - Office/Residential FOR SALE


Garland, TX 75040
$21,794,000 USD
214-643-6097
5250 President George Bush hwy, Garland, TX for Sale
$21,794,000 USD
Office/Residential - FOR SALE
1/9
null | 7% Cap Rate

5250 President George Bush hwy
Garland, TX 75040


HIGHLIGHTS

  • Dallas, Texas Metro Location - Garland
  • Relocation of the Regional Super Center DMV
  • INVESTMENT GRADE TENANT: State of Texas (Fitch AA+ Stable)
  • 2025 Construction - Build to Suit for the State of Texas
  • 10-Year Lease with annual increases
  • Strong Retail Location off of Tollway (SH190 & Garland Ave)

OVERVIEW

Introducing an exclusive opportunity in Garland, Texas - the Single Tenant Government Office Building. This single-tenant government office building, located at 5250 North President George Bush Hwy, is currently under construction, with the relocation of the Texas Department of Public Safety (DPS)* Driver License Center. Positioned just north of Garland and east of PGBT, this property boasts high visibility with a traffic count of 112,528 CPD. Situated on approximately 6.915 acres, this site will encompass a ±25,638 SF building upon completion. Strategically located near major highways and in a high-traffic area, this building presents an excellent opportunity for investors seeking a stable government tenant. With strong rental increases of 25% annually linked to CPI, this property holds immense potential for growth and profitability.

FOR SALE DETAILS

PRICE

$21,794,000 USD

PRICE/SF

$850 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SINGLE TENANT GOVT OFFICE – GARLAND, TX

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.92 AC

LAND SF

301,435 SF

ZONING

C

APN/PARCEL ID

26391630000070000

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.