Property Name

Sleep Number

Location

8421 Preston Road
Dallas, TX 75225

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Property Description

Sleep Number is a generational investment opportunity located at the highly coveted intersection of Preston Road and Northwest Highway in Dallas, Texas. Positioned at one of the most dynamic intersections in DFW, the Property benefits from an irreplaceable infill location at the entry to Preston Center, an extremely dense retail and office submarket. The prestigious neighborhoods of Park Cities and Preston Hollow surround Sleep Number are among the most affluent neighborhoods in the nation and contain some of the most expensive and sought-after homes in the Metroplex (the average home value exceeds $1.1 million within a 1 mile radius of the Property with some homes exceeding $9 million in value). Sleep Number signed a 10-year primary term lease that runs through February 2028 with 10% rent escalations every 5 years and two, 5-year renewal options.

Status


Available

GLA


2,983 SF

Percent Leased


100% Leased

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