Actif à usage particulier

Harwood Garage

502 N St. Paul St, Dallas, TX, 75201, US

Harwood Garage_Actifs en vente

Galerie d'images

Harwood Garage 2_Actifs en vente

Description de l'actif

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to present to qualified investors the opportunity to acquire the leasehold interest in the 100% leased Harwood Garage (the “Garage” or the “Property”), located within the heart of Downtown Dallas. Comprised of 505 parking stalls in a 11-level above-grade parking structure, the Garage is directly adjacent to Harwood Center, a 737,270 square foot office building, where the Omnicom Group is the largest tenant since 2000 and currently the sole user of the Property’s parking spaces. Built in 2018, the Property has been institutionally maintained since construction.

Caractéristiques de l'actif

Surface de l'immeuble Net
37 161 m²
Nombre d'unités
505 Unité de mesure
Année de construction
2017

Points clés d'investissement

- 100% LEASED THROUGH AUG-2040 BY HARWOOD CENTER;

CURRENTLY LEASED TO INVESTMENT GRADE TENANT OMNICOM (S&P : BBB+) THROUGH SEP-2030 VIA TRI-PARTY AGREEMENT, FULFILLING HARWOOD CENTER'S LEASE OBLIGATION


- COMMITTED TENANT WITH A HISTORY OF 21 YEARS AT THE NEIGHBORING HARWOOD CENTER


- ULTRA-CORE, INFILL LOCATION BOASTING LONG-TERM, FORTIFIED INCOME

- ADVANTAGEOUS GROUND LEASE STRUCTURES WITH AN AVERAGE WEIGHTED LEASE TERM OF 93.8 YEARS


- COMBINATION OF 125K+ EMPLOYEES, 12K+ RESIDENTS, AND AVERAGE PARKING RATIO OF 1:58:1,000 SF* CREATES UNMATCHED DOWNTOWN PARKING DEMAND

Contacter l'équipe

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Dernière mise à jour
30 nov. 2022