Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire 10100 NCX (the “Property”), a boutique office building prominently positioned on heavily traveled North Central Expressway (SH-75). Located amongst a thriving commercial corridor, the area is exploding with retail, residential and hospitality developments. As a result, the building offers tenants access to a wealth of nearby amenities that appeal to the modern office tenant.
The Property offers 94,000 square feet of highly efficient, neighborhood office space that is 59% leased to a mixture of medical, traditional office and co-working office tenants. Well positioned for an owner occupant wanting to take control of their real estate needs, the building has two full floors available (32,000 SF) for immediate occupancy. The available space is complimented by a diverse rent roll and established income stream that should greatly reduce ownership cost and build equity.
Situated on heavily traveled North Central Expressway at Walnut Hill Lane, 10100 NCX is proximate to one of Texas’ most affluent residential populations. The nearby rooftops fuel demand in the building from customer facing service operators that feed off the community. Consistently regarded as a preferred office submarket, the Central Expressway corridor is benefitted by unsurpassed proximity to a dense demographic base of decision makers and is populated with in-demand destination retail. The rising lease rates in nearby Preston Center and Uptown have made Central a bargain market and as more and more businesses are priced out of these areas, Central is in line to flourish.