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Office

Atrium at Campus Circle

5800 Campus Cir Dr E, Irving, TX 75063

Listing Price: $6,500,000

Cap Rate
5.29%
Rentable SF
84,280
Lot Size
5.70 acres
Year Built
1982

Investment Overview

Marcus & Millichap is pleased to offer for sale Atrium at Campus Circle, a beautiful high-quality office building built in 1982 with medical and general business tenants. The property is approximately 84,280 square feet and is located off President George Bush Turnpike and the Dallas/Fort Worth International Airport (DFW). The multi-tenant building is situated on 5.7 acres of land and features a scenic common area with a koi pond.

Atrium at Campus Circle has a convenient and accessible location, five miles from the DFW International Airport (zero traffic lights from the property), two miles from Las Colinas CBD, 14 miles from downtown Dallas and 25 miles from downtown Fort Worth. Ample parking is included in the surface lot with an approximate 4 per 1,000 square foot parking ratio. The property is a very well-maintained building. Its roof was recently replaced in 2016 and is covered by a 20-year warranty which is fully transferable to a new buyer. Given the strong demographic trends in the area and the potential for significant occupancy enhancement, Atrium at Campus Circle provides a very attractive investment opportunity.

Investment Highlights

  • Excellent Owner/User Opportunity Near the Las Colinas Submarket
  • Excellent Land Play at $26.18 Per Square Foot of Land
  • Well Maintained - High Finish Out Class B+ Office
  • Upside Through Leasing Up Vacant Space
  • High Income Area With A Three-Mile Average Household Income Exceeding $104,231
  • New 2016 Johns Manville Roof with Transferable Warranty Expiring June 2036
  • Ample Parking with 327 Surface Spaces, Parking Ratio of 4.00/1000 SF

Exclusively Listed By

Financing By

Office

Atrium at Campus Circle

Listing Price: $6,500,000

Cap Rate
5.29%
Rentable SF
84,280
Lot Size
5.70 acres
Year Built
1982

Investment Highlights

  • Excellent Owner/User Opportunity Near the Las Colinas Submarket
  • Excellent Land Play at $26.18 Per Square Foot of Land
  • Well Maintained - High Finish Out Class B+ Office
  • Upside Through Leasing Up Vacant Space
  • High Income Area With A Three-Mile Average Household Income Exceeding $104,231
  • New 2016 Johns Manville Roof with Transferable Warranty Expiring June 2036
  • Ample Parking with 327 Surface Spaces, Parking Ratio of 4.00/1000 SF

Investment Overview

Marcus & Millichap is pleased to offer for sale Atrium at Campus Circle, a beautiful high-quality office building built in 1982 with medical and general business tenants. The property is approximately 84,280 square feet and is located off President George Bush Turnpike and the Dallas/Fort Worth International Airport (DFW). The multi-tenant building is situated on 5.7 acres of land and features a scenic common area with a koi pond. Atrium at Campus Circle has a convenient and accessible location, five miles from the DFW International Airport (zero traffic lights from the property), two miles from Las Colinas CBD, 14 miles from downtown Dallas and 25 miles from downtown Fort Worth. Ample parking is included in the surface lot with an approximate 4 per 1,000 square foot parking ratio. The property is a very well-maintained building. Its roof was recently replaced in 2016 and is covered by a 20-year warranty which is fully transferable to a new buyer. Given the strong demographic trends in the area and the potential for significant occupancy enhancement, Atrium at Campus Circle provides a very attractive investment opportunity.

Exclusively Listed By

Financing By

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