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1425 N Dallas Ave 37,996 SF 77% Leased Office Building Lancaster, TX 75134 For Sale
Investment Highlights
- Value-Add Opportunity: Incredible upside potential with 39% vacancy ready for strategic lease-up and property repositioning
- Quality Asset: High quality construction in rapidly growing area with strong parking ratio of 3.21 spaces per 1,000 SF
- Strategic Location: Highly visible along N Dallas Avenue with direct access to major highways and DFW transportation corridors
- Prime Amenities: Abundance of dining, lodging, and entertainment options in immediate proximity supporting tenant satisfaction
Executive Summary
This offering delivers a rare opportunity to acquire a cash-flowing, multi-tenant value-add office asset in the heart of the Dallas–Fort Worth metroplex, one of the fastest-growing and most economically diverse regions in the country. The ±34,650 SF, four-story Class-B building sits on nearly four acres of land along highly visible North Dallas Avenue, providing both strong current income and significant upside through lease-up and repositioning.
With existing tenants in place and meaningful vacancy available, investors can immediately generate cash flow while executing a clear, achievable value-add business plan.
With existing tenants in place and meaningful vacancy available, investors can immediately generate cash flow while executing a clear, achievable value-add business plan.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
37,996 SF
Building Class
B
Year Built
1974
Percent Leased
77%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,499 SF
Building FAR
0.22
Lot Size
3.92 AC
Zoning
R - Retail
Parking
122 Spaces (3.21 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Some move-in ready space, and some shell space available. Please inquire for more details
.Open concept shell space
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,500-2,000 SF | Office | Partial Build-Out | Now |
| 4th Floor | 6,844 SF | Office | Shell Space | Now |
1st Floor
| Size |
| 1,500-2,000 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 6,844 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 1,500-2,000 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Some move-in ready space, and some shell space available. Please inquire for more details
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Floor
| Size | 6,844 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
.Open concept shell space
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,000,000 | |
| Land Assessment | $341,070 | Total Assessment | $1,341,070 |
Property Taxes
Parcel Numbers
Land Assessment
$341,070
Improvements Assessment
$1,000,000
Total Assessment
$1,341,070
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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1425 N Dallas Ave
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