817-800-5058
1700 Science Pl, Rockwall, TX for Sale
Office - FOR SALE
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1700 Science Pl
Rockwall, TX 75032


HIGHLIGHTS

  • L3 Technologies is an investment grade tenant with an S&P Rating of “BBB”
  • Mission Critical single-story office building consisting of 50,000 square feet and includes a SCIF room
  • Recent five-year lease extension shows strong commitment to the site with the lease running through 12/31/2030
  • L3 also has a 100,000 SF facility across the street providing a further commitment to the Rockwall Technology Park
  • Minimal landlord responsibilities
  • Contact Broker for Pricing Guidance

OVERVIEW

Transwestern National Net Lease | Sale Leaseback Group is pleased to present a Mission Critical single-tenant triple net leased office building leased to L3 Technologies, Inc. (NYSE: LHX-L3Harris) in Rockwall (Dallas), Texas. L3 also leases a 100,000 square foot office/warehouse property across the street signaling a further commitment to the Rockwall Technology Park. L3 Technologies has occupied the building since January 2010 and recently executed a five-year lease extension indicating a strong commitment to the site. In addition to private offices and workstations, the 1700 building has a Sensitive Compartmented Information Facility (SCIF Room). L3 Technologies merged with Harris Corporation in 2019 to form L3Harris Technologies, Inc. L3 is a top tier American defense contractor and aerospace technology provider. They specialize in mission-critical systems, including command and control, advanced electronics, secure communications, surveillance, night vision, and aerospace/maritime solutions for military and government customers. L3’s annual revenue exceeds $21 billion operating in more than 100 countries.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

214

LAND DETAILS

LAND ACRES

5.13 AC

LAND SF

223,506 SF

ZONING

LI

APN/PARCEL ID

81853

ASK ABOUT THIS PROPERTY

Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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Bill BehrTranswestern Real Estate ServicesMore Info
817-800-5058

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