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Northcreek Place - Availability Details

9441, Dallas, TX 75243

  • For Sale Contact for pricing
  • City Dallas
  • Neighborhood Patio Homes Chimney Hill
  • Zip Code 75243
  • Market Dallas Fort Worth
  • Property Type Office - General Office
  • Property Size 250,010 Sqft
  • Lot Size 4.37 Sqft
  • Building Class B
  • Year Built 1980
  • Date Updated 19 Jun, 2021

Colliers International has been exclusively retained to offer qualified investors the opportunity to purchase 9441-9461 Lyndon B. Johnson (LBJ) Freeway, a three-building office asset located in Dallas, Texas. The subject property collectively measures 250,110 square feet and was built of high-quality construction in 1980-81, offering a variety of suite sizes on a 4.73-acre lot. Northcreek Place I is currently 25 percent occupied showcasing considerable value add opportunity for potential investors, providing incredible upside potential, which makes for an excellent investment opportunity.

Colliers International has been exclusively retained to offer qualified investors the opportunity to purchase 9441-9461 Lyndon B. Johnson (LBJ) Freeway, a three-building office asset located in Dallas, Texas. The subject property collectively measures 250,110 square feet and was built of high-quality construction in 1980-81, offering a variety of suite sizes on a 4.73-acre lot. Northcreek Place I is currently 23 percent occupied showcasing considerable value add opportunity for potential investors, providing incredible upside potential, which makes for an excellent investment opportunity.

Northcreek Place I is strategically located on a heavily traversed corridor (I-635) offering excellent visibility and immediate access to surrounding highways (SH-75, Loop 12, North Dallas Tollway, etc.), making transportation convenient. The subject property is situated in a strong, growing submarket of Dallas/Fort Worth, with persistent growth and construction in the immediate vicinity. Continued development of retail and restaurants, along with new housing, is causing rents to increase steadily over the years. Dallas is one of the fastest growing cities in the region located on the east side of the DFW Metroplex. The subject property is a high-end development located at the center of an amenity rich submarket in a rapidly developing area. Adjacent to Northcreek are dozens of restaurants ranging from fast food to fine dining, five banking establishments, a US Post Office, a hotel, sundry shopping, dry cleaners, office supplies, and much more.

Dallas/Fort Worth has been among national leaders in corporate relocation, with 72 major companies relocating to the area since 2010. The Dallas/ Fort Worth Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, and the fourth largest in the United States and is leading the job market industry among the nation’s largest metropolitan areas, with a growth rate of 4.8 percent, while unemployment is safely below the national average, at 3.7 percent.

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Contacts

broker

Cody Payne

Colliers International

broker

Michael Tran

Colliers International

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