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High-Yield Office or Carried Land Play 8700 N Stemmons Fwy 250,963 SF 68% Leased Office Building Online Auction Sale Dallas, TX 75247
Investment Highlights
- Multi-tenant office complex in NW Dallas, currently 70% occupied with a GSA anchor lease and two-year WALT, offering an impressive going-in NOI.
- High-growth region with convenient proximity to the medical and design districts, as well as Dallas Love Field Airport.
- Diversified tenant mix of government institutions, law firms, marketing agencies, and professional and public service organizations.
- Long-term carried land potential for multifamily or industrial redevelopment, with a sought-after 9-acre site backing up to Brook Hollow County Club.
- Directly off Interstate 35E, with prominent visibility to over 130,000 daily vehicles, near large corporate centers and major flag hotels.
- Prime location benefiting from more than $8 billion invested in local infrastructure improvements over the past decade.
Executive Summary
Currently 70% occupied and anchored by a long-standing (20+ years) GSA lease, this 250,963-square-foot facility presents robust rental income across a diverse tenant mix of law firms, marketing agencies, the Texas Lottery, and public and professional service organizations. Key amenities at the property include abundant covered parking, an on-site restaurant and café, and a towering atrium with a massive skylight and beautiful landscaping, and water features. The building currently boasts a two-year weighted average lease term (WALT) and robust net operating income (NOI), allowing a new owner to capitalize on existing revenue while pursuing long-term opportunities as a covered land play.
The property is situated on a ±9.04-acre site across two contiguous parcels that is currently zoned for multifamily, with added potential for industrial applications. The lot is positioned directly off Interstate 35E, with visibility to over 130,000 daily vehicles, and backs up to Brook Hollow Country Club, making it premium land for future projects in the area. With convenient proximity to the medical and design districts, the surrounding region has emerged as a desirable destination for new developments, driven by stable population and economic growth in recent years. More than $8 billion has been invested in the area’s infrastructure over the past decade, alongside large recent developments across multifamily, industrial, data center, and office segments.
Visit the Data Room and reach out to the Younger Partners Dallas team to learn more about this one-of-a-kind opportunity that combines stable rental revenue and long-term redevelopment potential in a sought-after Dallas submarket at 8700 N Stemmons Freeway.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tours
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Floor Plans & Site Plan
- Survey
- Title and Insurance
Market Analytics Click Here to Access
Property Facts
Amenities
- Controlled Access
- Food Service
- Property Manager on Site
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Large Open Space
2 Private Offices
Space offers Reception area, waiting area, 14 private offices, a conference room, storage room, break room, and open office area.
2 Private Offices, Reception Area, Open Office Space
Suite 128 has 6 private offices, 2 conference rooms, private restroom, break room, and plenty of storage space. It is a move-in ready space in the 35/Stemmons corridor.
An open area ready for tenant configuration with two great offices that have floor to ceiling windows allowing plenty of natural light.
Suite 180 has a reception area right off the entry that leads into an open area with plenty of room for workstations. There are also two built-out offices in the back flooded with natural light.
This suite comes with 4 built-in offices and a break room. With multiple exits in the suite, tenants have the flexibility to change the layout of the suite.
Natural light floods this suite which comes with three built-in offices.
This second floor suite has built in offices, break rooms, and conference rooms to go along with a massive open space fit for any number of work spaces.
A great two office space with an open area too accommodate future growth in small companies.
Great, renovated medical space with multiple exam rooms, sinks and open areas for PT or recovery. There is also a fantastic reception area with room a built-in medical reception.
This suite has a unique built-in reception with 5 offices, a break room, and a conference room built-out. Suite 414 has a great floor to ceiling windows that allow natural light to flood into the suite.
Great 4th floor views and natural light come with this space that has floor to ceiling windows lined throughout it. The space has multiple open areas ready for a tenant's custom build.
This corner unit has open space, offices, a conference room and a break room. Sutie 465 is located right next to an elevator and is close to the second set of restrooms on the 4th floor.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 120 | 1,143 SF | Office | - | Now |
| 1st Fl-Ste 122 | 485 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 124 | 5,687 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 125 | 4,765 SF | Office | - | Now |
| 1st Fl-Ste 128 | 3,396 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 138 | 1,316 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 180 | 1,647 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 190 | 2,181 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 191 | 1,884 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200-S | 34,405 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 403 | 1,236 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 407 | 6,065 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 414 | 3,677 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 450 | 7,691 SF | Office | Shell Space | Now |
| 4th Fl-Ste 455 | 4,007 SF | Office | Full Build-Out | Now |
1st Fl-Ste 120
| Size |
| 1,143 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 122
| Size |
| 485 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 124
| Size |
| 5,687 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 125
| Size |
| 4,765 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 128
| Size |
| 3,396 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 138
| Size |
| 1,316 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 180
| Size |
| 1,647 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 190
| Size |
| 2,181 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 191
| Size |
| 1,884 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200-S
| Size |
| 34,405 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 403
| Size |
| 1,236 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 407
| Size |
| 6,065 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 414
| Size |
| 3,677 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 450
| Size |
| 7,691 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
4th Fl-Ste 455
| Size |
| 4,007 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 120
| Size | 1,143 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Large Open Space
1st Fl-Ste 122
| Size | 485 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
2 Private Offices
1st Fl-Ste 124
| Size | 5,687 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Space offers Reception area, waiting area, 14 private offices, a conference room, storage room, break room, and open office area.
1st Fl-Ste 125
| Size | 4,765 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2 Private Offices, Reception Area, Open Office Space
1st Fl-Ste 128
| Size | 3,396 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 128 has 6 private offices, 2 conference rooms, private restroom, break room, and plenty of storage space. It is a move-in ready space in the 35/Stemmons corridor.
1st Fl-Ste 138
| Size | 1,316 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
An open area ready for tenant configuration with two great offices that have floor to ceiling windows allowing plenty of natural light.
1st Fl-Ste 180
| Size | 1,647 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 180 has a reception area right off the entry that leads into an open area with plenty of room for workstations. There are also two built-out offices in the back flooded with natural light.
1st Fl-Ste 190
| Size | 2,181 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This suite comes with 4 built-in offices and a break room. With multiple exits in the suite, tenants have the flexibility to change the layout of the suite.
1st Fl-Ste 191
| Size | 1,884 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Natural light floods this suite which comes with three built-in offices.
2nd Fl-Ste 200-S
| Size | 34,405 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This second floor suite has built in offices, break rooms, and conference rooms to go along with a massive open space fit for any number of work spaces.
4th Fl-Ste 403
| Size | 1,236 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
A great two office space with an open area too accommodate future growth in small companies.
4th Fl-Ste 407
| Size | 6,065 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Great, renovated medical space with multiple exam rooms, sinks and open areas for PT or recovery. There is also a fantastic reception area with room a built-in medical reception.
4th Fl-Ste 414
| Size | 3,677 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This suite has a unique built-in reception with 5 offices, a break room, and a conference room built-out. Suite 414 has a great floor to ceiling windows that allow natural light to flood into the suite.
4th Fl-Ste 450
| Size | 7,691 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Great 4th floor views and natural light come with this space that has floor to ceiling windows lined throughout it. The space has multiple open areas ready for a tenant's custom build.
4th Fl-Ste 455
| Size | 4,007 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This corner unit has open space, offices, a conference room and a break room. Sutie 465 is located right next to an elevator and is close to the second set of restrooms on the 4th floor.
Demographics
Demographics
Sale Advisor
Sale Advisor
Tom Strohbehn, Principal, Capital Markets
About the Auction Technology
Auction Contact
Contact the Sale Advisor
High-Yield Office or Carried Land Play | 8700 N Stemmons Fwy
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High-Yield Office or Carried Land Play | 8700 N Stemmons Fwy
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