Central Square 10830 N Central Expy 73,402 SF 66% Leased Office Building Dallas, TX 75231 For Sale

Central Square, an approximate 73,402 square foot, multi-tenant, four-story building located at 10830 N Central Expressway in Dallas, Texas.
At 55% occupancy with expiring rents 35-40% below market, Central Square offers an opportunistic business plan with in-place cash flow and upside, via immediate lease-up of vacant suites and mark-to-market renewal at today’s rental rates. Positioned to capture overflow from the rising rental rates within the Infill Triangle - the area bounded by Central Expressway, Dallas North Tollway, LBJ Freeway and the Dallas Central Business District – Central Square is a desired reprieve for tenants seeking quality product at much lower rates, all within the strong North Central Medical Dallas micromarket.
Built in 1971 and renovated in 2021, Central Square offers an abundance of surrounding amenities including a host of restaurants, retail, and entertainment. Incorporating the definition of convenience, Central Square features opportune access to all of Dallas’ major thoroughfares and public transportation. The abundance of accessible resources includes great dining and shopping destinations at several nearby shopping centers and malls, such as Galleria Mall and NorthPark Center, beautiful outdoor areas at Harry Moss Park and Royal Oaks Country Club, luxury residences, Class A multifamily, and gated communities.
Additionally, Central Square fronts Central Expressway providing significant visibility partnered with unparalleled convenience. This coveted location presents superior access to the central Dallas core, two large world class hospitals (Texas Health Presbyterian Hospital Dallas – 1,200 beds – and Medical City Dallas Hospital – 1,000 beds), and Dallas Love Field International Airport, all providing exceptional beneficiaries and synergies to Central Square.