6400 N Belt Line Rd - Office FOR SALE
Irving, TX 75063 |
6400 N Belt Line Rd
Irving, TX 75063
HIGHLIGHTS
- Newer 2000 Build Class A HQ facility
- Long-term (15 years) absolute triple net lease with 2% annual rent increases
- Situated across from Dallas Fort Worth International Airport (DFW)
- Dallas office market rents are rising 2.0% annually (2022-23) while the average office sale price is ~$218 PSF
- Sale leaseback proceeds will be used to pay down higher interest debt and strengthen the company’s balance sheet
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Class “A” Corporate HQ Sale Leaseback
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
43000
STORIES
2
BUILDING CLASS
A
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
110
LAND DETAILS
LAND ACRES
2.5 AC AC
LAND SF
108,900 SF
ZONING
-
APN/PARCEL ID
32416250010020000
