Description

Jones Lang LaSalle Americas ("JLL") is pleased to present 500 E Border (the "Property"), a premier 271,262-square-foot, 12-story Class A office tower strategically positioned at 500 East Border Street in downtown Arlington, Texas. Renovated in 2023, the Property features best-in-class amenities including a fitness center, professional conference facilities, and convenient grab-and-go food service.

The building benefits from creditworthy tenants including the City of Arlington, Texas Health Resources, and JPMorgan Chase Bank, providing dependable cash flow with significant upside potential. At 50% leased, 500 E Border presents investors with approximately 135,942 square feet of immediate lease-up opportunity in a high-growth market. The asset sits on an expansive, 11-acre site, offering exceptional accessibility in the heart of the Dallas-Fort Worth Metroplex. This compelling value-add investment combines existing income stability with substantial revenue growth potential, positioning investors to capitalize on Arlington's robust economic expansion and the continued strength of the Dallas-Fort Worth metropolitan area.

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Attributes

Building area net

271,262 sf

Occupancy

48%

WALT

4 years

Year built

1982

Year renovated

2023

Parking Ratio

5.1 / 1,000 SF

Media

Investment Highlights

PREMIER ENTERTAINMENT DISTRICT LOCATION
Less than 2 miles from AT&T Stadium, Globe Life Field and Six Flags over Texas
EXCEPTIONAL CONNECTIVITY
Direct I-30 frontage provides superior accessibility and visibility
DIVERSE TENANT MIX
The Property is supported by a diverse tenant base spanning healthcare, insurance, banking, and government.
DALLAS-FORT WORTH GROWTH MARKET
Located in one of the nation’s fastest-growing metropolitan areas.
RECENT CAPITAL IMPROVEMENTS
The building underwent an extensive $2.9M renovation since 2023.
DEVELOPMENT OPPORTUNITY
Potential to develop 3.5-acre parcel.