Mockingbird Towers_Property for Sale
Mockingbird Towers_Property for Sale
1341 W Mockingbird Ln, Dallas, TX, 75247-6913, US

Mockingbird Towers

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), on behalf of the Owner has been exclusively retained to present to qualified investors the opportunity to acquire Mockingbird Towers (the “Property” or “Asset”), an 86% leased two-tower office building encompassing 448,377 square feet. The Property provides synergistic opportunities to tenants looking for close proximity to one of the nation’s leading medical districts and is strategically located within close proximity to Dallas Love-Field Airport. Offering direct connectivity to North Dallas, CBD, and DFW International Airport via I-35, tenants at the Property can effortlessly visit clients in major employment centers within minutes. Mockingbird Towers boasts top-notch amenities, that have been recently renovated, attracting tenants who value the prime location and a Live, Work, Play environment. Moreover, investors can benefit from discounted rental rates compared to nearby submarkets, ensuring a stable cash flow with promising potential for growth.

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Attributes

Building area net
448,377 sf
Occupancy
86%
Year built
1970
Year renovated
2020
Land area net
15 acres
WAULT
6.64 years

Media

Investment Highlights

  • PROXIMITY TO DALLAS-LOVE FIELD AIRPORT AND MAJOR THOROUGHFAIRS 
  • LOCATION IS ADJACENCT TO UT SOUTHWESTERN, PARKLAND HOSPITAL AND CHILDREN’S HEALTH 
  • SECURE IN PLACE MEDICAL CASHFLOW
  • SIGNIFICANT MEDICAL LEASING ACTIVITY
  • BELOW REPLACEMENT COST 
Mockingbird Towers 4_Property for Sale
Mockingbird Towers 4_Property for Sale

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Mockingbird Towers (0 Properties)

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Last updated
5 Sep 2024