972-672-8650
, Dallas, TX for Sale
Office - FOR SALE
1/2
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HIGHLIGHTS

  • FUNDAMENTAL SHIFT AND IMPROVEMENT IN THE COMPOSITION OF THE SURROUNDING AREAS.
  • DRAMATIC PRICING DISCREPANCY TO LAS COLINAS AND UPTOWN HAS CREATED DEMAND
  • ATTRACTIVE DESIGN WITH VERSATILE FLOOR PLATE, DENSE PARKING CAPACITY AND FULL SUITE OF ON-SITE AMENITIES.
  • DYNAMIC LOCATION IN PROXIMITY TO DALLAS LOVE FIELD, THE DALLAS CBD, THE DALLAS MEDICAL DISTRICT, THE PARK CITIES AND MORE.
  • VARIETY OF SPACE OPTIONS WITH NAMING AND BRANDING OPPORTUNITIES.

OVERVIEW

Potential Conversion Opportunity! Younger Partners, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire the 100% fee-simple interest in 8585 Stemmons (“Property”). Built when developers had egos, the twin towers of Stemmons Freeway offer investors a commanding presence in the revitalized West Love Field area. A significant presence on IH-35 (Stemmons Freeway), the Property affords potential investors an unmatched long term land site (13.5 acres) to compliment the immediate upside in a basis office purchase. West Love is home to name-brand, credit tenancy including Amazon, UT Southwestern, Parkland Hospital and Children’s Health. Just to the east of the building, the West Love master-planned development has added over 835 luxury multifamily units since 2018 with another 460+ units planned. Since 2009, the three adjacent hospital systems have leased over one million square feet of off-campus space in the area. Major life science developments such as Pegasus Park have created significant national attention from tenants and capital alike. Alexandria has acquired and is planning a purpose-built life science project at Harry Hines and Mockingbird while tenants including Health Wildcatters, MassChallenge, BioLabs and Taysha Gene Therapies have moved to the district. 8585 Stemmons is 50% leased to a diversified mix of office uses. This offering presents a truly unique opportunity to acquire an outstanding value-add office asset with tremendous upside while establishing a presence in the dynamic West Love submarket, where investment opportunities are becoming scarce!

ASK ABOUT THIS PROPERTY

Scot FarberYounger Partners Dallas, LLCMore Info
972-672-8650

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Scot FarberYounger Partners Dallas, LLCMore Info
972-672-8650

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