214-789-0112
10830 N Central Expy, Dallas, TX for Sale
Office - FOR SALE
1/2
null | Request Cap Rate

10830 N Central Expy
Dallas, TX 75231
Vickery


OVERVIEW

Central Square, an approximate 73,402 square foot, multi-tenant, four-story building located at 10830 N Central Expressway in Dallas, Texas. At 55% occupancy with expiring rents 35-40% below market, Central Square offers an opportunistic business plan with in-place cash flow and upside, via immediate lease-up of vacant suites and mark-to-market renewal at today’s rental rates. Positioned to capture overflow from the rising rental rates within the Infill Triangle - the area bounded by Central Expressway, Dallas North Tollway, LBJ Freeway and the Dallas Central Business District – Central Square is a desired reprieve for tenants seeking quality product at much lower rates, all within the strong North Central Medical Dallas micromarket. Built in 1971 and renovated in 2021, Central Square offers an abundance of surrounding amenities including a host of restaurants, retail, and entertainment. Incorporating the definition of convenience, Central Square features opportune access to all of Dallas’ major thoroughfares and public transportation. The abundance of accessible resources includes great dining and shopping destinations at several nearby shopping centers and malls, such as Galleria Mall and NorthPark Center, beautiful outdoor areas at Harry Moss Park and Royal Oaks Country Club, luxury residences, Class A multifamily, and gated communities. Additionally, Central Square fronts Central Expressway providing significant visibility partnered with unparalleled convenience. This coveted location presents superior access to the central Dallas core, two large world class hospitals (Texas Health Presbyterian Hospital Dallas – 1,200 beds – and Medical City Dallas Hospital – 1,000 beds), and Dallas Love Field International Airport, all providing exceptional beneficiaries and synergies to Central Square.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Square

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

277

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

GO(A), Dallas

APN/PARCEL ID

00000706467400000

ASK ABOUT THIS PROPERTY

A. David ZollerWeitzmanMore Info
214-789-0112

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A. David ZollerWeitzmanMore Info
214-789-0112

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