Property Type: Office
Airport Plaza
Younger Partners, as exclusive advisor, is pleased to present Airport Plaza, a compelling value-add investment in the thriving Las Colinas submarket of Dallas, TX. Currently 54% leased, Airport Plaza was formerly the corporate headquarters of CEC Entertainment. Fully renovated for multi-tenant occupancy, the Property offers abundant natural light and shallow bay depths that are ideal for small tenants. Accessible via two of the region’s freeway systems (US-183 & SH-161), the three story office building provides an incredible value-add opportunity in one of the area’s strongest office submarkets.
The Property is being sold via the Ten-X Auction Platform.
Online Bidding Starts June 1, 2021 and ends June 3, 2021. The starting bid is $1,500,000 ($19.61/sf).
Bid Online
Park Ventura Office Park
Younger Partners, as exclusive advisor, is pleased to present Park Ventura Office Park, a compelling core-plus investment in the thriving northern Dallas suburb of Plano, TX. Located just off of coveted Preston Road, the 88% occupied development is comprised of three Class B+ multi-tenant office buildings totaling approximately 194,000 square feet. Combining established income and the upside of added value, potential Buyers should be able to capitalize on continued leasing and mark-to-market renewals in one of the region’s preferred office environments.
Available as-is, Park Ventura was built in 1999 and offers timeless architecture and in demand office space featuring dedicated / controlled HVAC, direct accessibility, limited social interactions and lower operating costs when compared with traditional mid and high rise office space. Positioned on 16-acres, the buildings are located with convenient accessibility to Preston Road, The Dallas North Tollway, Legacy, George Bush Turnpike and Central Expressway. This prime location provides walkability to the amenity rich Preston Park Colonnade, Polo Towne Crossing and the premier restaurant and retail options on Park Boulevard.
Plano is one of the country’s fastest growing suburban communities. The growth continues to be exponential as Plano remains the preferred destination for corporate relocations into the DFW Metroplex. A significant portion of the region’s Fortune 1000 companies have relocated to Plano for their North American headquarters, including Toyota, NTT Data, Frito Lay, Keurig Dr. Pepper, and Liberty Mutual.
Oil & Gas/Star-Telegram Building
Younger Partners has been exclusively retained to offer qualified investors the opportunity to acquire the fee-simple interest in the Oil & Gas / Star-Telegram Building. A stunning example of art deco and gothic design, the two-tower complex is located in the thriving Fort Worth CBD adjacent to the renowned Sundance Square. Comprised of roughly 440,000 square feet, the Property presents a compelling combination of stabilized office space and the value-add opportunity to alter an existing use and reposition one of the buildings to mixed use by including multifamily or hospitality.
The Oil & Gas / Star – Telegram Buildings present investors the opportunity to acquire two historic buildings in one of the region’s most closely held real estate markets. The Fort Worth CBD is a thriving community with an unsurpassed “Live, Work, Play” environment. The Property offers investors a unique chance to expand current holdings or get a foothold in the dynamic downtown Fort Worth market.
Waterview Plaza
Situated within minutes drive from President George Bush Turnpike and UT Dallas, 18325 Waterview Plaza Bldg B is a 4-story campus facility with a central location bordering Dallas, Richardson and Plano. Waterview Plaza offers a unique opportunity to lease a customized space, with efficient on-site management and engineering professionals.
8435 N Stemmons
8435 Stemmons is a 11-story Class A office building located in Stemmons Fwy submarket, minutes away from Dallas Love Field Airport, with easy access to I-35E, SH-183/114.
Midway Atriums
Younger Partners has been exclusively retained to offer qualified investors the opportunity to acquire a high quality, Class B office asset commonly known as Midway Atriums I, II & III (“Property”). Standing 4-stories, the three building campus is located along heavily traveled Midway Road, just north of the Spring Valley Road intersection. Currently 76% occupied, the existing tenancy should provide stable and on-going cash flows with a forecast NOI of roughly $2M in the first year. Predominantly leased on a Plus Electric basis, with an average in-place lease rate of roughly $16.50/sf. Average lease rates in the Far North Dallas office market are currently $26.85/sf FS. With existing lease rates radically below the current market, the in-place tenancy and existing vacancy offers new ownership an outstanding to drive value through market repositioning and lease up.
Preston Trail Atrium
Preston Trail Atrium is located in close proximity to two of Dallas / Fort Worth’s busiest highway systems and a short distance from the region’s most in-demand office submarkets (Legacy / Frisco). This highly desirable location is achieving premium market rental rates. Offering small and medium tenant options, the building appeals to tenants with ties to the community that want the benefit of neighborhood accessibility and amenity connectivity. Preston Trail Atrium benefits from a diverse tenant roster of seventeen, with no tenant commanding more than 15% of the rentable square footage. This ensures dependable cash flows that are complimented by mark-to-market renewal possibilities and new tenant leasing. Located along Preston Road, the area has historically operated at a discount to comparable space along the Dallas North Tollway. Tenants priced out of surrounding submarkets can expect to achieve a 10% to 20% rental rate discount at Preston Trail.
Preston Place
Preston Place is a two-story garden office building at 12700 Preston Road at Harvest Hill Road/Linden Lane. The property has convenient access to LBJ Freeway and is surrounded by retail and restaurants.
Walnut Creek Plaza
Discover Walnut Creek Plaza – Your Next Business Address in Mansfield
Walnut Creek Plaza, a 36,353 SF two-story professional office building offering move-in ready spec suites and highly competitive lease rates.
Enjoy the convenience of an on-site Chase Bank, secured access for peace of mind, ample free parking, and newly renovated common areas designed to impress clients and employees alike. Whether you’re a growing startup or an established firm, Walnut Creek Plaza combines modern amenities with a prime Mansfield location.
Spaces are leasing fast – schedule your tour today!
Loy Lake Plaza
Loy Lake Plaza is a 32,470 SF, one story 3 star retail storefront located in Sherman, Texas.
Bedford Oaks
Douglas Plaza
Located at the heart of the Preston Center business and retail area within walking distance to fine dining, shopping, Hilton Hotel, high-rise residential condos and other services. Surrounded by the luxurious neighborhoods of Highland Park, University Park and Preston Hollow. Central location off Dallas North Tollway with direct and quick access to Downtown Dallas, Galleria, Love Field, North Dallas, all major hospital communities. Conveniently located on DART bus route.
Manhattan Plaza
Younger Partners has been exclusively retained to offer qualified investors the opportunity to acquire Manhattan Plaza (“Property”). Comprised of 48,000 square feet, the single-story office development is located along heavily traveled IH-820, a short distance from IH-30 and SH-121. Ideally located just outside of the Fort Worth Central Business District, Manhattan Plaza is a neighborhood office building with ties to the local community. Offering a mixture of traditional and medical office options, Manhattan Plaza is home to a diverse roster of small tenants that provide a stable, contractual revenue stream. With a weighted average lease term of 1.8 years, the Property offers upside through mark to market renewals and new leasing.
Proximate to established residential areas, amenities and transportation corridors, the Property is 59% leased with an average suite size of 2,000 SF. The remaining vacancy is comprised of a small suites that features existing finish with private office, bullpen and reception areas.
Dallas Communications Complex | Building 3
Dallas Communications Complex is a 2-story 119,357 office/studio/warehouse building located in the 2nd largest office submarket in Dallas.
Property Video | Virtual Space Tour
Dallas Communications Complex | Building 4
Dallas Communications Complex 4 is a 1-story 182,919 SF flex light manufacturing building located in the 2nd largest office submarket in Dallas.
360 Tour – 300, 350, 400 E. Royal Lane | Property Video
Cityview
Cityview is a 51,043 square foot office building located just off Interstate Highway 30 (RL Thornton Freeway). One of Dallas’ most heavily traveled highway systems, Interstate 30 connects Dallas and Fort Worth and is a vital East-West thoroughfare across North Texas. Just east of North Jim Miller Road, the Property enjoys superior ingress and egress with immediate access to east and west bound IH-30 just adjacent to the North parking lot. With unparalleled exposure to IH-30, the Property’s marquee signage provides outstanding recognition for the building’s tenants.
Hillcrest Oaks
Dallas-Fort Worth is consistently ranked among the top places to work, the best places to live and the best places for investment.
According to the US Census Bureau, The Dallas / Fort Worth metropolitan area’s 146,000 population increase in 2017 was the most of any metro area in the United States.
This equates to an average of 400 new residents each day moving into the Dallas / Fort Worth area. Six of the top 10 fastest growing counties in the United States were also in Texas, including Tarrant, Dallas, Denton and Collin.
The US Bureau of Labor Statistics reported that Dallas / Fort Worth gained more jobs than any other metro area in 2017. In 2017 the Dallas / Fort Worth employment base increased by 90,000, dropping the unemployment rate to 3.3%. Out of the 90,000 jobs added, 37% (33,000 jobs) can be attributed to the office sector.
As a result of the impressive population and job growth, overall office absorption totals for Dallas / Fort Worth reached 1.5 million square feet in 2018. In addition, 26 million square feet was absorbed from 2011 to 2017. Reacting to the activity, asking rental rates (full service) across all classes of office space reached $26.39/sf at the end of 2018.
Empire Plaza
Empire Plaza is located in the Stemmons Freeway submarket with immediate access to major thoroughfares such as I-35E and John W. Carpenter Freeway. Conveniently located less than 15 minutes from Downtown Dallas, Dallas Love Field Airport and less than 20 minutes from DFW International Airport.
Recent building improvements include a new EMS system, video security and access control system, LED parking lot lighting, elevator upgrades, parking lot improvements, and AT&T Fiber. Capital improvements include a chiller replacement and lobby renovations.
Dallas Communications Complex | Building 2
Dallas Communications Complex is a 46,432 garden office building located in the 2nd largest office submarket in Dallas.
360 Tour – 300, 350, 400 E Royal Lane | Property Video
