Skillman Live Oak Center_Property for Sale
Skillman Live Oak Center_Property for Sale
1910-2014 Skillman Street, Dallas, TX, 75206, US

Skillman Live Oak Center

Asset Description

Jones Lang LaSalle ("JLL") is pleased to exclusively offer the opportunity to acquire Skillman Live Oak Center (the "Property"), a 74,653 square foot, 77% leased value-add neighborhood center. The Property is located in the affluent Dallas neighborhood of Lakewood, minutes from top-ranking public and private schools and recreational destinations, including Lakewood Country Club, White Rock Lake, and the Dallas Arboretum. With a diverse rent roll featuring both local staples and established national tenants, Skillman Live Oak Center presents investors with the rare opportunity to acquire an asset with immediate upside through lease-up and redevelopment of a 0.585-acre pad site with the ability to capitalize on in-place rents 19% below market.

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Attributes

Building area net
74,653 sf
Occupancy
77.3%
WAULT
5.6 years

Media

Investment Highlights

  • Robust 7.41% CAGR
  • 10,218 SF of ready-to-lease space
  • 19% below market rents
  • Re-development opportunity
  • $142,100 average HH income (3-mile radius)
Skillman Live Oak Center 4_Property for Sale
Skillman Live Oak Center 4_Property for Sale

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Skillman Live Oak Center (0 Properties)

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Last updated
20 May 2024