2260 Highland Village RdHighland Village, TX 75077

For Sale
$1,665,900

High-yield office building, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 5,745 square foot, four-tenant office building located at 2260 Highland Village Road in Highland Village, Texas, 75077. Boasting a 100% occupancy rate with NNN leases, this property offers a compelling 6.60% cap rate. Built in 2016 and 2017 (with renovations in 2021), the building sits on a 2.346-acre lot and provides ample parking with 53 spaces (9.2 spaces per 1,000 square feet). The property benefits from a prime location, easily accessible via FM 407, I-35E, and FM 2499, and is surrounded by other professional and medical office tenants, ensuring a strong tenant base and high visibility. The building features a mix of general office suites, and operating expenses are $7.94 per square foot annually. This is a turnkey investment opportunity with a strong tenant roster and excellent location in a thriving area with abundant retail and restaurant options nearby. The building's modern design and recent renovations ensure long-term value and appeal to tenants. This property is ideal for investors seeking a stable, high-performing asset in a desirable Texas market.

Highlights

  • 5,745 SF Office Building, Highland Village, TX
  • 2.346-Acre Lot
  • 53 Parking Spaces (9.2/1,000 SF)
  • Built 2016/2017 (Renovated 2021)
  • 100% Occupancy, Four Tenants
  • $7.94/SF Annual Operating Expenses

Property Details for 2260 Highland Village Rd

Property type
Other office properties, Office properties
Square Feet
5,745 SF
Year Renovated
2021
Lot Size (sq. ft)
102,192 SF

Location Insight

City
Highland Village
County
Denton
State
Texas
Latitude
33.0739846
Longitude
-97.0594139
2260 Highland Village Rd, Highland Village, Texas

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2260 Highland Village Rd
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