Documents
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Attributes
Year Built | 1979 |
Building Area Net |
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Land Area Net |
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Occupancy | 93.0 % |
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire One Hillcrest (the “Property”), a 106,525 square foot, office asset strategically positioned at the high traffic intersection of Hillcrest Road and LBJ Freeway. Additionally, the property’s central location presents unsurpassed accessibility and connectivity to Dallas / Fort Worth Metroplex and the immediate neighborhoods which provide abundant executive and work force housing. Currently 95.0% leased, with in-place rents averaging 23% below market, One Hillcrest presents a rare opportunity to acquire a recently renovated office building with a combination of current cash flow and mark-to-market rents on 43% rollover in the next 36 months.
Investment Highlights
- Premier Office Amenities and Renovations
- Immediate Access to Dallas' Most Prominent Neighborhoods
- Attractive Submarket Fundamentals
- Prolific Restaurant and Retail Destination
- Unmatched Thoroughfare Connectivity and Access