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524 E Lamar Office Centre 524 E Lamar Blvd 91,535 SF 85% Leased Office Building Arlington, TX 76011 For Sale



INVESTMENT HIGHLIGHTS
- VARIETY OF SPACE OPTIONS AND STRONG IN-PLACE CASH FLOW FROM ESTABLISHED TENANTS.
- EXTENSIVE RENOVATIONS. $1.78M INVESTED SINCE THE START OF 2015
- IMMEDIATE UPSIDE - 12,339 SF OF MOSTLY SPEC VACANCY AVAILABLE FOR LEASE UP.
EXECUTIVE SUMMARY
524 Lamar is comprised of over 91,000 square feet of professional office space, that is anchored by a diverse roster of tenants. 81% leased, the rent roll provides established income in a high profile location with a desirable mix of small suites that appeal to the broadest segment of the submarket’s tenancy. The majority of the remaining vacancy is in “spec” condition and should be leased with minimal further investment. The Property was built in 1982 and most recently and extensively renovated in 2024 / 2025.
Offered at a significant discount to replacement cost, 524 Lamar offers investors a bite-sized entry into the Dallas market and the opportunity to execute a lite value-add lift on a noteworthy parcel of land. The three story design has shallow bay depths that are ideal for small tenant suites.
PROPERTY FACTS Under Contract
AMENITIES
- 24 Hour Access
- Controlled Access
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Platinum Drivers is a leading CDL driver staffing and placement agency providing FMCSA qualified commercial truck drivers is all areas of Florida, Georgia, Louisiana, Oklahoma and Texas. Their staff’s expertise is in the areas of recruiting, qualifying, staffing and placing commercial driver. Platinum Driver’s goal is to match experienced Class A and Class B commercial truck drivers with their customers that have an immediate transportation need. The result of their commitment is that their customer’s products are delivered on time and their drivers are provided with a great job opportunity. They are committed to safety, excellent customer service and building long-term relationships. This commitment allows Platinum Drivers to provide a quality service to both the driver and customer.
Property Tax Associates, Inc. was founded in 1983. Our company’s sole aim is to reduce your property tax liability through aggressive negotiations with the local appraisal officer or assessor. Our firm was structured to help maintain, manage and coordinate property tax matters for our clients along with providing assurance of low, fair, and equitable values. We have the knowledge of property tax laws and a full understanding of local assessment practices to effectively reduce and maintain your property taxes to a minimum. Our firm has an outstanding success rate in solving appeals through the informal and formal appeal process. When necessary, we work with attorneys and appraisers during the litigation, mediation and/or arbitration process to secure the lowest possible tax expense within the legal framework of the law.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Administrative and Support Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Spec Suite office space available
Spec Suite office space available
1,781 square foot of office
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 110 | 2,823 SF | Office | Spec Suite | Now |
| 1st Fl-Ste 120 | 2,559 SF | Office | Spec Suite | Now |
| 1st Fl-Ste 180 | 1,781 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 240 | 1,642 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 245 | 1,486 SF | Office | Partial Build-Out | Now |
| 2nd Fl-Ste 260 | 1,915 SF | Office | - | Now |
| 3rd Fl-Ste 345 | 1,294 SF | Office | - | Now |
1st Fl-Ste 110
| Size |
| 2,823 SF |
| Space Use |
| Office |
| Condition |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 2,559 SF |
| Space Use |
| Office |
| Condition |
| Spec Suite |
| Available |
| Now |
1st Fl-Ste 180
| Size |
| 1,781 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 240
| Size |
| 1,642 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 245
| Size |
| 1,486 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 260
| Size |
| 1,915 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
3rd Fl-Ste 345
| Size |
| 1,294 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 110
| Size | 2,823 SF |
| Space Use | Office |
| Condition | Spec Suite |
| Available | Now |
Spec Suite office space available
1st Fl-Ste 120
| Size | 2,559 SF |
| Space Use | Office |
| Condition | Spec Suite |
| Available | Now |
Spec Suite office space available
1st Fl-Ste 180
| Size | 1,781 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
1,781 square foot of office
2nd Fl-Ste 240
| Size | 1,642 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
2nd Fl-Ste 245
| Size | 1,486 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
2nd Fl-Ste 260
| Size | 1,915 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
3rd Fl-Ste 345
| Size | 1,294 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 05664462 | Improvements Assessment | $4,548,318 |
| Land Assessment | $1,172,982 | Total Assessment | $5,721,300 |
PROPERTY TAXES
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524 E Lamar Office Centre | 524 E Lamar Blvd
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