214-294-4439
15110 N Dallas Pky, Dallas, TX for Sale
Office - FOR SALE
1/11
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15110 N Dallas Pky
Dallas, TX 75248
Prestonwood


HIGHLIGHTS

  • Located at the intersection of Dallas North Tollway and Belt Line Road with exceptional visibility to 150,000 cars daily.
  • Recently renovated common areas and amenities, including modern finishes and collaborative spaces.
  • 77% leased to a curated mix of national and regional tenants, providing secure in-place cash flow.
  • Surrounded by 180+ restaurants, 11.7 million SF of retail, and over 6,600 upscale hotel rooms within three miles.
  • Positioned in a high-growth corridor with strong demographics and redevelopment potential.
  • On-site restaurant and walkable access to retail and multifamily housing enhance tenant experience.

OVERVIEW

The Commons presents a rare opportunity to acquire a six-story, 89,956-square-foot boutique office tower strategically located at the intersection of the Dallas North Tollway and Belt Line Road. This asset offers investors a stabilized income stream with 77% occupancy and a diverse tenant mix, while providing significant upside through continued lease-up and mark-to-market rent growth. Recent renovations between 2019 and 2022 have modernized the property, enhancing its appeal to tenants seeking high-quality finishes and flexible floor plans. Situated on 2.3 acres, the property also offers long-term redevelopment potential in one of Dallas’ most desirable mixed-use corridors. The surrounding area boasts over 180 restaurants, 11.7 million square feet of retail and dining, and more than 11,700 Class A urban residences within three miles. With strong fundamentals, excellent visibility to 150,000 cars per day, and proximity to Uptown and Legacy, The Commons is positioned as a compelling investment with institutional-quality attributes and future optionality for mixed-use conversion.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Commons

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

GR, Dallas

APN/PARCEL ID

008708000203A0000

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 Notice.