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Synergy Place 3915 Lemmon Ave 23,145 SF 100% Leased Office Building Dallas, TX 75219 For Sale



Investment Highlights
- Convenient access to Dallas North Tollway, US 75, and I-35.
- Three-story building with flexible layouts for single or multi-tenant use.
- Located near Uptown and Oak Lawn with nearby retail and dining options.
- Controlled-access garage with 27 covered and 12 uncovered spaces.
- Roof replaced in 2017 with TPO system; ongoing HVAC upgrades.
Executive Summary
Located at the intersection of Lemmon Avenue and Oak Lawn, this three-story office building offers superior connectivity to Uptown, Highland Park, and Preston Center as well as major routes including US 75 Central Expressway, I-35, and the Dallas North Tollway. The property combines updated infrastructure with functional design, providing both operational efficiency and long-term ownership benefits.
The building features controlled-access parking with 27 covered and 12 uncovered spaces, along with secure elevator access direct from the garage. Significant capital improvements have been made over time, including elevator replacement, roof upgrade to TPO in 2017, and consistent HVAC servicing, ensuring a well-maintained asset. With flexible floor plans on the second and third levels, this building suits either single or multi-tenant occupancy, accommodating various office requirements.
Situated in a dense commercial and residential district, the property benefits from proximity to prominent dining, retail, and lifestyle destinations, including Whole Foods, Rosewood Mansion, and Turtle Creek Park, enhancing its appeal for investors and end-users seeking a well-located urban office asset.
The building features controlled-access parking with 27 covered and 12 uncovered spaces, along with secure elevator access direct from the garage. Significant capital improvements have been made over time, including elevator replacement, roof upgrade to TPO in 2017, and consistent HVAC servicing, ensuring a well-maintained asset. With flexible floor plans on the second and third levels, this building suits either single or multi-tenant occupancy, accommodating various office requirements.
Situated in a dense commercial and residential district, the property benefits from proximity to prominent dining, retail, and lifestyle destinations, including Whole Foods, Rosewood Mansion, and Turtle Creek Park, enhancing its appeal for investors and end-users seeking a well-located urban office asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,145 SF
Building Class
C
Year Built/Renovated
1975/2004
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,250 SF
Building FAR
1.25
Lot Size
0.43 AC
Zoning
GR, Dallas - Commercial
Parking
27 Spaces (1.9 Spaces per 1,000 SF Leased)
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Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00000148843000000 | Improvements Assessment | $742,500 |
| Land Assessment | $1,572,500 | Total Assessment | $2,315,000 |
Property Taxes
Parcel Number
00000148843000000
Land Assessment
$1,572,500
Improvements Assessment
$742,500
Total Assessment
$2,315,000
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Contact the Sale Advisor
Synergy Place | 3915 Lemmon Ave
