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Building 1 2300 Dean Way 23,000 SF 100% Leased Office Building Southlake, TX 76092 For Sale 7% Cap Rate

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EXECUTIVE SUMMARY

Positioned in one of the Metroplex’s most accessible and high-demand submarkets, this 100% leased multi-tenant office asset presents a rare Southlake investment opportunity. Situated on ±2.41 acres, the 23,000 SF building produces an NOI exceeding $490,000 and is zoned SP2, allowing for a wide variety of uses. Situated on a prime front lot along S. Kimball Ave. with direct signage exposure, the property offers exceptional visibility and strong tenant appeal. Built out as general office space, the asset features a parking ratio of 3 spaces per 1,000 SF and is well-suited to accommodate a variety of professional tenants.
Strategically positioned with immediate access to Highways 114 and 121 and just minutes from DFW International Airport, the site is 25 miles from Downtown Dallas and 20 miles from Downtown Fort Worth—offering convenient connectivity across the Metroplex.
Southlake remains a magnet for corporate investment, supported by its affluent demographics, highly educated workforce, and robust infrastructure. Home to more than 2,500 businesses, the city draws from a regional labor pool of over 1.6 million people within a 20-mile radius. With a median home sales price above $1.5 million and average household income exceeding $250,000, Southlake’s long-term stability and economic appeal are well established.
Call Steve Shrum or Coby Boulware of Glacier Commercial Realty for further details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
23,000 SF
Building Class
B
Year Built
2015
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
23,000 SF
Building FAR
0.22
Lot Size
2.41 AC
Zoning
Light Industrial/ Office - Light industrial and Office
Parking
60 Spaces (2.61 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Signage
  • Fully Carpeted
  • Natural Light
  • Open-Plan
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Manufacturing
  • -
  • -
  • -

FASTSIGNS is a leading franchisor specializing in custom signage and visual communication solutions. Founded in 1985 in Austin, Texas, the company has grown into a global network of independently owned and operated centers. FASTSIGNS offers a wide range of products and services, including interior and exterior signs, digital displays, vehicle graphics, and trade show exhibits. The company operates under a franchise model and serves businesses across multiple industries, focusing on branding and visibility solutions. FASTSIGNS is part of Propelled Brands, a multi-brand franchising platform. The company remains privately held and has expanded internationally, with locations in North America, Europe, and other regions.

  • Hershenberg Real Estate
  • -
  • -
  • -
  • -
  • Sriven Systems Inc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Sriven Systems Inc is an international provider of a broad range of Information technology services. Our services range from consulting and working with our clients on strategic technology plans to developing and implementing custom tailored solutions. We undertake both on-site as well as in-house development projects.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Manufacturing - - -
Hershenberg Real Estate - - - -
Sriven Systems Inc Professional, Scientific, and Technical Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42068086
Land Assessment
$630,174
Improvements Assessment
$3,969,826
Total Assessment
$4,600,000
  • Listing ID: 37141311

  • Date on Market: 8/6/2025

  • Last Updated:

  • Address: 2300 Dean Way, Southlake, TX 76092

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