Property Listing No Longer Available for Sale

17770 Preston Rd, Dallas, TX

Office for Sale - $950,000 - 10,000 Sq. Ft.


Property Info

CIMLS#295614
Location
  17770 Preston Rd
  Dallas TX 75252
UpdatedJanuary 4th, 2012
TypeOffice
Price$950,000
Building10,000 Sq. Ft.

Property Description

Gable Realty Group

is pleased to present investors with the opportunity to acquire Georgetown Office Condo @ 17770 Preston Road Dallas (Collin County) Prime Location in Far North Dallas Available at an 8.5% cap rate based upon in-place cash flows, the 2-story, Class B office building was originally developed in 1984 and has undergone capital improvements in excess of $50,000 over the past year to a stable roster of tenants, the Property affords potential investors stabilized occupancy over the coming years. Staggered lease expirations provide a solid foundation for future appreciation in a rising leasing market.

Investment Highlights

Prestigious Georgetown Office Community in a Premier location South of Frankford on Preston Beautiful entrance. Quiet building with lots of parking places and close to major highways.

Great accessibility to North Dallas Toll way and George Bush Toll-road.

Asset summary

Location: 17770 Preston Road,Dallas, TX 75252

Submarket: Dallas/Plano

Year Built: 1984

Property Type: Office Condo

Building Size: 10,382 Square Feet

Lot Size 0.15 Acres

# of Floors: 2

Parking: 5.3 Spaces / per 1,000 SF


Financials



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