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Corporate Point at Las Colinas 5615 Highpoint Dr 223,498 SF Office Building Irving, TX 75038 $16,000,000 ($71.59/SF)
Investment Highlights
- Corporate Point, 5615 Highpoint Drive, is a 10-story office featuring panoramic views of Las Colinas and executive-level interior finishes.
- Enjoy on-site convenience with a new conference center, training room, tenant lounge, fitness center, and a generous 5.7/1,000 parking ratio.
- Reach The Music Factory, several golf courses, dozens of department/grocery stores, ample hotel options, and 100+ restaurants in 10 minutes or less.
- Easy access to market hubs, 5 minutes to Medical City Las Colinas, 10 minutes to DFW Airport, 20 minutes to Downtown Dallas, and 25 minutes to Denton.
- Supported by arterial connectivity, within 10 minutes of George Bush Turnpike, John Carpenter Freeway, TX 183, and Interstates 635 and 35.
Executive Summary
Located in the heart of the prestigious Las Colinas office submarket, this prominent 10-story office tower offers an exceptional ownership opportunity in one of Dallas-Fort Worth’s most desirable commercial corridors.
Corporate Point makes an astounding impression upon the first steps into its inspiring atrium, with natural light flooding in from the skylights above. Renovated in 2007 and again in 2015, the property provides a well-rounded list of amenities, including a new conference center, training room, tenant lounge, and fitness center. Corporate Point’s above-average parking ratio of 5.7/1,000 then amplifies accessibility to this brimming area. Currently vacant and available for repositioning, owner occupancy, or investor value-add strategy with potential leasing upside.
Located at 5615 Highpoint Drive, 4 miles from Dallas-Fort Worth International Airport (DFW) with excellent access to SH 114, SH 161, and MacArthur Boulevard, Corporate Point enables tenants to maximize the area’s advantages. Its central location offers seamless connectivity to Downtown Dallas, Love Field, and the broader metro via the DART Orange Line and the $850 million Midtown Express, which added TEXpress managed lanes to improve commuting efficiency.
Las Colinas offers an exceptional amenity base for employees and clients. The Gables Water Street development brings 60,000 square feet of retail to the north shore of Lake Carolyn, with restaurants such as Hugo’s Invitados and Pacific Table. The Music Factory, a 250,000-square-foot dining and entertainment district, features an Alamo Drafthouse, comedy club, and more than 20 restaurants, anchored by a 50,000-square-foot Live Nation venue. The Shops at MacArthur Hills include Whole Foods, Shake Shack, Cava, and more.
Seven Fortune 500 companies are headquartered in Las Colinas, and corporate investment continues to transform the area. Hidden Ridge, a $1.5 billion Verizon and KDC project, features 3 million square feet of office, 85,000 square feet of retail, and new multifamily housing. Wells Fargo is developing a $500 million regional campus nearby. Rising home prices and residential developments like Parkside reflect strong demographic trends, reinforcing Las Colinas as a prime location for business growth.
Corporate Point makes an astounding impression upon the first steps into its inspiring atrium, with natural light flooding in from the skylights above. Renovated in 2007 and again in 2015, the property provides a well-rounded list of amenities, including a new conference center, training room, tenant lounge, and fitness center. Corporate Point’s above-average parking ratio of 5.7/1,000 then amplifies accessibility to this brimming area. Currently vacant and available for repositioning, owner occupancy, or investor value-add strategy with potential leasing upside.
Located at 5615 Highpoint Drive, 4 miles from Dallas-Fort Worth International Airport (DFW) with excellent access to SH 114, SH 161, and MacArthur Boulevard, Corporate Point enables tenants to maximize the area’s advantages. Its central location offers seamless connectivity to Downtown Dallas, Love Field, and the broader metro via the DART Orange Line and the $850 million Midtown Express, which added TEXpress managed lanes to improve commuting efficiency.
Las Colinas offers an exceptional amenity base for employees and clients. The Gables Water Street development brings 60,000 square feet of retail to the north shore of Lake Carolyn, with restaurants such as Hugo’s Invitados and Pacific Table. The Music Factory, a 250,000-square-foot dining and entertainment district, features an Alamo Drafthouse, comedy club, and more than 20 restaurants, anchored by a 50,000-square-foot Live Nation venue. The Shops at MacArthur Hills include Whole Foods, Shake Shack, Cava, and more.
Seven Fortune 500 companies are headquartered in Las Colinas, and corporate investment continues to transform the area. Hidden Ridge, a $1.5 billion Verizon and KDC project, features 3 million square feet of office, 85,000 square feet of retail, and new multifamily housing. Wells Fargo is developing a $500 million regional campus nearby. Rising home prices and residential developments like Parkside reflect strong demographic trends, reinforcing Las Colinas as a prime location for business growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
223,498 SF
Building Class
B
Year Built/Renovated
1981/2007
Price
$16,000,000
Price Per SF
$71.59
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
25,500 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
15.54 AC
Zoning
Z57 - Commercial.
Parking
1,379 Spaces (5.7 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fitness Center
- Food Service
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
11,572
105,909
221,871
2025 Population
11,899
107,737
229,380
Population Growth '20-'25
2.8%
1.7%
3.4%
2020 Households
4,623
44,319
87,311
2025 Households
4,694
45,067
90,339
Household Growth '20-'25
1.5%
1.7%
3.5%
Average Age
31
35
35
Median Household Income
$99,044
$97,910
$90,284
Daytime Employees
20,028
84,445
203,504
Total Businesses
1,585
6,912
15,798
College Degree + Higher
67%
54%
45%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Murphys Deli | - | - | 4 min walk |
| P.F. Chang's to Go | - | - | 8 min walk |
| Cajun Crab Pub & Grill | Seafood | $$$ | 13 min walk |
| Subway | - | - | 13 min walk |
| Sonic Drive-In | - | - | 14 min walk |
| Wendy's | - | - | 15 min walk |
| Taco Bell | - | - | 16 min walk |
Retail |
||
|---|---|---|
| KinderCare | Daycare | 11 min walk |
| FedEx Office | Business/Copy/Postal Services | 13 min walk |
| LA Fitness | Fitness | 13 min walk |
| Circle K | Convenience Market | 14 min walk |
| 7-Eleven | Convenience Market | 15 min walk |
Hotels |
|
|---|---|
| SpringHill Suites |
120 rooms
2 min drive
|
| Sandman Signature |
204 rooms
3 min drive
|
| Quality Inn |
54 rooms
3 min drive
|
| Courtyard |
147 rooms
3 min drive
|
| Residence Inn |
120 rooms
3 min drive
|
Property Taxes
| Parcel Number | 32565020000000000 | Improvements Assessment | $6,385,690 |
| Land Assessment | $2,614,310 | Total Assessment | $9,000,000 |
Property Taxes
Parcel Number
32565020000000000
Land Assessment
$2,614,310
Improvements Assessment
$6,385,690
Total Assessment
$9,000,000
About the Seller
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