214-294-4439
, Dallas, TX for Sale
Office - FOR SALE
1/13
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Bent Tree Plaza
Dallas, TX
Prestonwood


HIGHLIGHTS

  • Sizeable value-add upside through small tenant leasing in a bustling submarket that is complimented by mark-to-market renewals
  • NNN leasing opportunities abound as buildings within the competitive set have started transitioning their leasing platforms.
  • A variety of vacancy options creates opportunity for new leasing and possible owner-occupants that want to control their real estate needs.
  • Attractive designs with versatile layouts, recent renovations and access to impressive array of area amenities.
  • Proximate to some of DFW’s most desired neighborhood demographics, the area around the Property is home to local office decision makers.
  • Best-in-Class asset quality with extensive capital infusion ($1.2M since 2021) that limits near term investment requirements.

OVERVIEW

Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire Bent Tree Plaza (“Property”). Located along the thriving North Dallas Tollway, the Property is comprised of over 82,000 square feet of professional office / medical space. Anchored by an established roster of long term tenants, the diverse rent roll provides established income in a high profile location. The desirable mix of small suites appeals to the broadest segment of the submarket’s tenancy and represents a compelling value creation opportunity. A testament to the market demand, occupancy has risen from 66% to 72% in the past 20 days and there is additional leasing momentum that should push occupancy to nearly 80% in the coming weeks. This activity demonstrates the ongoing and improving demand for small office space in the North Dallas corridor. Offered for sale free and clear as a fee simple acquisition, the Property was built between 1979 and 1983 and most recently renovated in 2023. Offered at a significant discount to replacement cost, Bent Tree Plaza offers investors a bite-sized entry into a premier submarket of Dallas and the opportunity to execute a value-add lift on a noteworthy parcel of land. The one and two-story designs have shallow bay depths that are ideal for small tenant suites that appeal to the decision makers that populate the surrounding neighborhoods.

ASK ABOUT THIS PROPERTY

Tom StrohbehnYounger Partners Dallas, LLCMore Info
214-294-4439

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Tom StrohbehnYounger Partners Dallas, LLCMore Info
214-294-4439

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