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Lake Highlands Tower 9330 Lyndon B Johnson Fwy 330,508 SF 76% Leased 4-Star Office Building Dallas, TX 75243 For Sale
Investment Highlights
- Institutional-quality 15-story Class A office tower along IH-635 with premier highway exposure.
- Infill submarket location with proximity to Uptown, Preston Center, and Medical City.
- 8-acre land area provides long-term redevelopment optionality under MU-3 zoning.
- Renovated with state-of-the-art fitness facility, café, training rooms, and upgraded lobby.
- Strong in-place tenancy with 5-year weighted lease term and opportunities for NOI growth.
- Excellent access to major thoroughfares and visibility to over 210,000 vehicles daily.
Executive Summary
Lake Highlands Tower (LHT) presents an exceptional value-add investment opportunity in Dallas’ growing northeast corridor. Located along the heavily traveled LBJ Freeway (IH-635) with daily visibility to over 210,000 vehicles, this Class A 15-story office tower is strategically positioned in an infill submarket offering strong demographics and accessibility.Ownership has executed a comprehensive renovation, adding a modern fitness center, café, conference and training facilities, and a welcoming lobby.
Currently 76% leased, LHT offers immediate upside through lease-up of remaining space and market-to-market rent adjustments, supported by a 5+ year weighted average lease term anchored by creditworthy tenants. Recent leasing trends in the submarket exceed $18/SF, while in-place rents offer compelling mark-to-market potential. The property sits on 8 acres allowing future redevelopment flexibility for multifamily or mixed-use initiatives under MU-3 zoning.
Positioned within one of Dallas’ most dynamic corridors, the property is adjacent to major highways, retail hubs, and dense residential neighborhoods, ensuring sustained tenant demand for years to come.
Currently 76% leased, LHT offers immediate upside through lease-up of remaining space and market-to-market rent adjustments, supported by a 5+ year weighted average lease term anchored by creditworthy tenants. Recent leasing trends in the submarket exceed $18/SF, while in-place rents offer compelling mark-to-market potential. The property sits on 8 acres allowing future redevelopment flexibility for multifamily or mixed-use initiatives under MU-3 zoning.
Positioned within one of Dallas’ most dynamic corridors, the property is adjacent to major highways, retail hubs, and dense residential neighborhoods, ensuring sustained tenant demand for years to come.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
330,508 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1983/2012
Percent Leased
76%
Tenancy
Multiple
Building Height
15 Stories
Typical Floor Size
22,034 SF
Slab To Slab
13’
Building FAR
0.93
Lot Size
8.18 AC
Zoning
MU 3, Dallas - Mixed Use
Parking
1,149 Spaces (3.48 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Conferencing Facility
- Fitness Center
- Food Service
- Property Manager on Site
- Security System
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Ground floor, Building lobby exposure
Elevator lobby exposure
Elevator lobby exposure
Building signage available for full floor
Corner space with lots of glass window line.
Top floor. White box condition. 360 degree views. Building signage available.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 120 | 2,843 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 280 | 2,284 SF | Office | Full Build-Out | Aug 2026 |
| 2nd Fl-Ste 295 | 1,914 SF | Office | Spec Suite | Now |
| 3rd Fl-Ste 350 | 6,056 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 355 | 1,169 SF | Office | Full Build-Out | 30 Days |
| 4th Fl-Ste 400 | 12,000-22,797 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 625 | 2,339 SF | Office | Shell Space | Now |
| 8th Fl-Ste 850 | 2,506 SF | Office | Full Build-Out | Now |
| 8th Fl-Ste 870 | 1,570 SF | Office | Full Build-Out | Now |
| 10th Fl-Ste 1040 | 1,347 SF | Office | Full Build-Out | Now |
| 11th Fl-Ste 1135 | 2,080 SF | Office | Partial Build-Out | Now |
| 11th Fl-Ste 1195 | 888 SF | Office | Full Build-Out | Now |
| 12th Fl-Ste 1275 | 3,650 SF | Office | Full Build-Out | Now |
| 15th Fl-Ste 1500 | 12,000-22,657 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 120
| Size |
| 2,843 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 280
| Size |
| 2,284 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Aug 2026 |
2nd Fl-Ste 295
| Size |
| 1,914 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
3rd Fl-Ste 350
| Size |
| 6,056 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 355
| Size |
| 1,169 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
4th Fl-Ste 400
| Size |
| 12,000-22,797 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 625
| Size |
| 2,339 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
8th Fl-Ste 850
| Size |
| 2,506 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
8th Fl-Ste 870
| Size |
| 1,570 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
10th Fl-Ste 1040
| Size |
| 1,347 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
11th Fl-Ste 1135
| Size |
| 2,080 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
11th Fl-Ste 1195
| Size |
| 888 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
12th Fl-Ste 1275
| Size |
| 3,650 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
15th Fl-Ste 1500
| Size |
| 12,000-22,657 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 120
| Size | 2,843 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Ground floor, Building lobby exposure
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 280
| Size | 2,284 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Aug 2026 |
Elevator lobby exposure
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 295
| Size | 1,914 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 350
| Size | 6,056 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Elevator lobby exposure
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 355
| Size | 1,169 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Fl-Ste 400
| Size | 12,000-22,797 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Building signage available for full floor
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
6th Fl-Ste 625
| Size | 2,339 SF |
| Space Use | Office |
| Build-Out | Shell Space |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
8th Fl-Ste 850
| Size | 2,506 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
8th Fl-Ste 870
| Size | 1,570 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
10th Fl-Ste 1040
| Size | 1,347 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
11th Fl-Ste 1135
| Size | 2,080 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Corner space with lots of glass window line.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
11th Fl-Ste 1195
| Size | 888 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
12th Fl-Ste 1275
| Size | 3,650 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
15th Fl-Ste 1500
| Size | 12,000-22,657 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Top floor. White box condition. 360 degree views. Building signage available.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Property Taxes
| Parcel Number | 00841300000010000 | Improvements Assessment | $15,657,670 |
| Land Assessment | $5,342,330 | Total Assessment | $21,000,000 |
Property Taxes
Parcel Number
00841300000010000
Land Assessment
$5,342,330
Improvements Assessment
$15,657,670
Total Assessment
$21,000,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
