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Westmoreland Business Center 2 Properties Offered at $14,369,000 in Dallas, TX
EXECUTIVE SUMMARY
Stabilized Property at 100% Occupancy with Triple Net Leases - Westmoreland Business Center is fully occupied allowing an investor to have limited landlord responsibilities and ease of management.
FAA-Required, Mission-Critical Tenancy - American Airlines operates a mission-critical control center as required by the FAA. This location meets the highly specific requirements and utilizes the neighboring air traffic control tower from Dallas Executive Airport. The strategic importance of this location ensures long-term stability and tenant retention.
Corporate Credit Strength - Home to a corporate-guaranteed Concentra location, backed by a robust 2024 revenue of $1.9 billion and a national footprint of over 500 locations, providing strong credit quality and income reliability.
Strategic Airport Adjacency - Directly adjacent to Dallas Executive Airport, a city-owned general aviation hub with over 1,000 acres, two runways, and 400+ acres of undeveloped land, supporting long-term growth and connectivity.
FAA-Required, Mission-Critical Tenancy - American Airlines operates a mission-critical control center as required by the FAA. This location meets the highly specific requirements and utilizes the neighboring air traffic control tower from Dallas Executive Airport. The strategic importance of this location ensures long-term stability and tenant retention.
Corporate Credit Strength - Home to a corporate-guaranteed Concentra location, backed by a robust 2024 revenue of $1.9 billion and a national footprint of over 500 locations, providing strong credit quality and income reliability.
Strategic Airport Adjacency - Directly adjacent to Dallas Executive Airport, a city-owned general aviation hub with over 1,000 acres, two runways, and 400+ acres of undeveloped land, supporting long-term growth and connectivity.
PROPERTY FACTS
| Price | $14,369,000 | Number of Properties | 2 |
| Price / SF | $168.98 / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 85,033 SF |
| Sale Type | Investment | Total Land Area | 7.27 AC |
| Status | Active |
| Price | $14,369,000 |
| Price / SF | $168.98 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 85,033 SF |
| Total Land Area | 7.27 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Westmoreland Business Center 1
5520 S Westmoreland Rd, Dallas, TX 75237 |
Flex | 20,357 SF | 1985 | - |
|
Westmoreland Business Center 2
5510 S Westmoreland Rd, Dallas, TX 75237 |
Industrial | 64,676 SF | 1984 | - |
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