214-294-4439
9330 Lyndon B Johnson Fwy, Dallas, TX for Sale
Office - FOR SALE
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9330 Lyndon B Johnson Fwy
Dallas, TX 75243
Lake Highlands


HIGHLIGHTS

  • Institutional-quality 15-story Class A office tower along IH-635 with premier highway exposure.
  • Renovated with state-of-the-art fitness facility, café, training rooms, and upgraded lobby.
  • Infill submarket location with proximity to Uptown, Preston Center, and Medical City.
  • Strong in-place tenancy with 5-year weighted lease term and opportunities for NOI growth.
  • 8-acre land area provides long-term redevelopment optionality under MU-3 zoning.
  • Excellent access to major thoroughfares and visibility to over 210,000 vehicles daily.

OVERVIEW

Lake Highlands Tower (LHT) presents an exceptional value-add investment opportunity in Dallas’ growing northeast corridor. Located along the heavily traveled LBJ Freeway (IH-635) with daily visibility to over 210,000 vehicles, this Class A 15-story office tower is strategically positioned in an infill submarket offering strong demographics and accessibility.Ownership has executed a comprehensive renovation, adding a modern fitness center, café, conference and training facilities, and a welcoming lobby. Currently 76% leased, LHT offers immediate upside through lease-up of remaining space and market-to-market rent adjustments, supported by a 5+ year weighted average lease term anchored by creditworthy tenants. Recent leasing trends in the submarket exceed $18/SF, while in-place rents offer compelling mark-to-market potential. The property sits on 8 acres allowing future redevelopment flexibility for multifamily or mixed-use initiatives under MU-3 zoning. Positioned within one of Dallas’ most dynamic corridors, the property is adjacent to major highways, retail hubs, and dense residential neighborhoods, ensuring sustained tenant demand for years to come.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Highlands Tower

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

15

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

1149

LAND DETAILS

LAND ACRES

8.18 AC

LAND SF

356,321 SF

ZONING

MU 3, Dallas

APN/PARCEL ID

00841300000010000

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.