This property is Off-Market

1401 Elm Street
Dallas, TX 75202 ·

1,300,000 SF · Office For Sale

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Elm Place

Price N/A No. Stories 52
Building Size 1,300,000 SF Building Class B
Property Type Office Tenancy Multiple
Property Sub-type Office Building Year Built 1965
Property Use Type Investment Lot Size 80,913 SF
Listing ID: 17225175 Date Created: 06/29/2011 Last Updated: 08/25/2011

Description

This landmark property in Downtown Dallas is being marketed as a whole. The building is comprised of approximately 1.3 million square feet of space on 50 floors.
When the building opened in 1965, it was the tallest building west of the Mississippi River. It was the tallest building in Texas until 1971 and in Dallas until 1974 when its neighbor, Renaissance Tower, was built. Currently, the building is the 10th tallest building in Dallas.

1401 Elm Street, Dallas, Texas is located in the Central Business District. The property is bordered by Akard Street to the East, Elm Street to the South and Field street to the West. The Akard Street Dallas Area Rapid Transit Light Rail station is located directly to the North of the property. 1401 Elm is connected to Dallas'
underground tunnel system, a network of air-conditioned tunnels with restaurants and retail, allowing pedestrians to move easily between many of Dallas' largest buildings.

Highlights

  • Low Basis for future development
  • Due to its shallow bay depths, the tower is ideally suited for residential
  • Connected to the Downtown Dallas underground tunnel
  • Dallas Area Rapid Transit (DART) Light Rail passenger station
  • 469 car parks

Research

1401 Elm Street, Dallas, TX 75202 (Dallas County)

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