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1203 & 1209 S White Chapel 2 Office Properties Offered at $4,350,000 in Southlake, TX
Investment Highlights
- $4,350,000 Asking Price | 8.0% Cap Rate
- Two Class A Office Assets | 19,676 SF
- In-Place Tenancy with Staggered Lease Expirations
- 100% Occupied | NNN Lease Structure
- $346,955 Year 1 NOI
- Prime Southlake Location Near SH 114 & DFW Airport
Executive Summary
1203 & 1209 S. White Chapel Boulevard is a 100% occupied, two-building Class A office portfolio in Southlake, Texas. The offering totals 19,676 SF and generates $346,955 of Year 1 NOI under NNN lease structures.
Offered at $4,350,000, the portfolio represents an 8.0% going-in cap rate in one of DFW's most desirable submarkets.
Seller has priced the portfolio to generate immediate interest and is seeking a clean transaction with a quick close.
Offered at $4,350,000, the portfolio represents an 8.0% going-in cap rate in one of DFW's most desirable submarkets.
Seller has priced the portfolio to generate immediate interest and is seeking a clean transaction with a quick close.
Property Facts
| Price | $4,350,000 | Number of Properties | 2 |
| Price / SF | $238.89 / SF | Individually For Sale | 2 |
| Cap Rate | 8% | Total Building Size | 18,209 SF |
| Sale Type | Investment | Total Land Area | 1.95 AC |
| Status | Active |
| Price | $4,350,000 |
| Price / SF | $238.89 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 18,209 SF |
| Total Land Area | 1.95 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg IV
1203 S White Chapel Blvd, Southlake, TX 76092 |
Office | 11,041 SF | 2003 | $3,080,000 |
|
Courtyard at Timarron Bldg II
1209 S White Chapel Rd, Southlake, TX 76092 |
Office | 7,168 SF | 1999 | $1,890,000 |
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1203 & 1209 S White Chapel