Colliers is pleased to present the opportunity to acquire an attractive office investment located in the heart of Las Colinas, one of the most established and desirable business districts in North Texas, 1304 W Walnut Hill Lane offers investors a rare opportunity to acquire a stabilized, multi-tenant office building with clear upside potential. Known as Regent Place, this three-story, ±41,663-square-foot office building sits on approximately 2.1 acres and benefits from its central location within the thriving Irving submarket—minutes from major thoroughfares like Highway 114, President George Bush Turnpike, and I-635, and just a short drive to both DFW International Airport and Dallas Love Field.
Built in 1981 and thoughtfully maintained over the years, the property has undergone a series of capital improvements including a redesigned lobby, upgraded HVAC systems, and a new roof installed in 2010 under a 20-year warranty. The current ownership has created a clean and functional office environment that appeals to a diverse range of tenants, including medical, professional services, and administrative users.
The building features flexible suite sizes, many of which are already built out with private offices, reception areas, breakrooms, and open workspaces—ideal for small to mid-sized businesses looking for move-in-ready space. With a favorable parking ratio of up to 3.47 spaces per 1,000 SF, including 34 covered spots, Regent Place offers a tenant experience that rivals newer assets in the area, at a more attainable rental rate.
The subject property provides immediate in-place income with further upside through lease-up of remaining vacancy and potential rent increases. The building’s shorter lease terms give new ownership the flexibility to reposition suites as needed, and to push rents toward market rates in one of the Metroplex’s most active submarkets.
Surrounded by major corporate campuses, dense residential communities, and abundant retail amenities, Regent Place is well-positioned for long-term value appreciation. For investors seeking a manageable, well-located asset with a blend of stability and upside, 1304 W Walnut Hill Lane represents a strategic addition to a North Texas office portfolio.