Property Name

Stemmons Office Opportunity

GLA 5,658 SF

Percent Leased 100% Leased

Property Description

Stemmons Office Opportunity is a 5,658 square foot, office asset with compelling upside potential in the northern submarket of Lewisville, Texas.  Situated along the highly trafficked Stemmons Freeway (Interstate 35E), the Property is approximately 15 minutes north of DFW Airport and 25 minutes from Downtown Dallas.  Offered with flexible sale terms allowing the market to determine optimal purchase conditions, Stemmons Office Opportunity is available either with a 12-month sale leaseback from close of escrow at $19.00 PSF NNN, or as a vacant owner user opportunity.  Submarket office leasing along Interstate 35E is quoting over $25.00 PSF NNN creating short-term upside potential in pushing rents upon expiration of the sale leaseback.  Renovated in 2018, the Property features a fully-finished interior with upgraded electrical components, recently replaced HVAC units, new flooring and interior/exterior paint creating move in ready space for an owner user or tenant.  The site boasts a large, highly visible pylon sign along Interstate 35E and utilizes accessibility with neighboring Lakeland Baptist Church.