Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1979
Building Area
Land Area ()

Property description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire One Hillcrest (the “Property”), a 106,525 square foot, office asset strategically positioned at the high traffic intersection of Hillcrest Road and LBJ Freeway. Additionally, the property’s central location presents unsurpassed accessibility and connectivity to Dallas / Fort Worth Metroplex and the immediate neighborhoods which provide abundant executive and work force housing. Currently 95.0% leased, with in-place rents averaging 23% below market, One Hillcrest presents a rare opportunity to acquire a recently renovated office building with a combination of current cash flow and mark-to-market rents on 43% rollover in the next 36 months.

Investment highlights

  • Premier Office Amenities and Renovations
  • Immediate Access to Dallas' Most Prominent Neighborhoods
  • Attractive Submarket Fundamentals
  • Prolific Restaurant and Retail Destination
  • Unmatched Thoroughfare Connectivity and Access
Last Updated Date: 05 Oct 2021
Parker McCormack
Parker McCormack
Senior Director, Capital Markets
Broker Licenses
TX-686138
Jack Crews
Jack Crews
Senior Managing Director, Capital Markets
Broker Licenses
TX - 406150

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Last Updated Date: 05 Oct 2021

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