1801 Wittington PlFarmers Branch, TX 75234

For Sale
Call for price

96,592 SF Office Building, 17% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 96,592-square-foot, four-story Class B office building presents a compelling value-add investment opportunity. Constructed in 2021, the property boasts high-quality finishes and timeless architecture, situated on a fee-simple ownership basis. Currently at 17.1% occupancy with two tenants, this multi-tenant building offers significant upside potential through lease-up. Located at 1801 Wittington Pl, Farmers Branch, TX 75234, in the desirable Las Colinas submarket of Dallas County, this property benefits from its strategic location near major transportation arteries: Hwy 161, Interstate 635, and I-35. The strong market fundamentals of the Dallas MSA, including a talented workforce, business-friendly environment, and low cost of living, contribute to the property's potential for increased occupancy and predictable returns. The building's prime location within a high-growth area, coupled with its pricing significantly below replacement cost, makes it an attractive proposition for owner-users or investors seeking value-add opportunities in a thriving Texas market. This single building offers a unique chance to capitalize on the ongoing growth and demand in the Dallas-Fort Worth area. The property is priced to offer significant upside potential through increased occupancy and strong market conditions.

Highlights

  • Fee simple ownership of a 96,592 square foot, four-story Class B office building.
  • Multi-tenant property with 17.1% occupancy and two existing tenants.
  • Built in 2021, offering a value-add investment opportunity in a high-growth area.
  • Located at 1801 Wittington Pl, Farmers Branch, TX 75234, near major transportation arteries.
  • Priced below replacement cost, presenting significant upside potential through lease-up.

Property Details for 1801 Wittington Pl

Property type
Other office properties, Office properties
Square Feet
96,592 SF
Class
B
Year Built
2021
Buildings
1
Stories
4

Location Insight

City
Farmers Branch
County
Dallas
State
Texas
Latitude
32.9176043
Longitude
-96.9179785
1801 Wittington Pl, Farmers Branch, Texas

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1801 Wittington Pl
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