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351 W Southlake Blvd 14,920 SF 50% Leased 4-Star Office Building Southlake, TX 76092 $6,200,000 ($415.55/SF) 7% Cap Rate



Investment Highlights
- Stand-alone office condo building
- High visibility on W. Southlake Blvd
- Owner/occupant open to discussing short-term leaseback or leasing portions of the building.
- In the heart of Southlake
- Building signage available
- 5 parking spaces per 1,000 Sq. Ft.
Executive Summary
Two Story Office Building in the Heart of Southlake. Close to Southlake Town Square and surrounding retail with hundreds of stores and restaurants, hotels, and Hooky
Entertainment with movies, bowling and games. Seller is open to a leaseback for up to two-three years. Also, the seller can downsize to half the building if a buyer wants to occupy or lease the balance of square footage.
Entertainment with movies, bowling and games. Seller is open to a leaseback for up to two-three years. Also, the seller can downsize to half the building if a buyer wants to occupy or lease the balance of square footage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,920 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2022
Price
$6,200,000
Price Per SF
$415.55
Cap Rate
7%
NOI
$434,000
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,460 SF
Zoning
F1 - Commercial
Amenities
- Signage
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Interior Built Out 2022; Class A
Interior Built Out 2022; Class A
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 1st Fl | 2,500-3,770 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 2nd Fl | 2,500-3,730 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 1st Fl
| Size |
| 2,500-3,770 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2nd Fl
| Size |
| 2,500-3,730 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 1st Fl
| Size | 2,500-3,770 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Interior Built Out 2022; Class A
2nd Fl-Ste 2nd Fl
| Size | 2,500-3,730 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
Interior Built Out 2022; Class A
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 41721780 | Improvements Assessment | $3,339,472 |
| Land Assessment | $601,128 | Total Assessment | $3,720,960 |
Property Taxes
Parcel Number
41721780
Land Assessment
$601,128
Improvements Assessment
$3,339,472
Total Assessment
$3,720,960
1 of 68
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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351 W Southlake Blvd
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