9401 Lyndon B Johnson Fwy - Office FOR SALE


Dallas, TX 75243
$4,200,000 USD
214-923-3204
9401 Lyndon B Johnson Fwy, Dallas, TX for Sale
$4,200,000 USD
Office - FOR SALE
1/13
null | 7.14% Cap Rate

9401 Lyndon B Johnson Fwy
Dallas, TX 75243


HIGHLIGHTS

  • Prime Corner: NEC of 635 & Abrahams Rd.
  • Excellent visibility
  • Great Investment!
  • Major Tenant: Chase Bank (Long Term Lease)

OVERVIEW

Hard corner located at Abrams & LBJ Fwy TXDOT LBJ expansion nearing completion which will increase traffic counts (maintained 90+% occupancy during construction) Anchor tenant Chase Bank (since 1998) with long term lease (6/30/2028) Refitted LED lighting inside and out (2020) Excellent building signage Newly updated flooring, painting & elevators (2022) Chillers replaced in 2015 Easy Access to LBJ Freeway and North Central Expressway Below Market Rents Near Richland College Key Tenants: Chase Bank (1998), Jackson Hewitt Tax Service (2015), LBJ Pain & Injury (2014) Possible opportunity to sell the cell rooftop lease Occupancy: 91.39% (16 out of 19 units lease) Year 1 NOI Great Investment Potential Don’t miss out on this exceptional opportunity!

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

LO1

APN/PARCEL ID

00000811111980000

ASK ABOUT THIS PROPERTY

Mark PierceExpansion Realty Partners, LLC.More Info
214-923-3204

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Mark PierceExpansion Realty Partners, LLC.More Info
214-923-3204

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