Office
8131 LBJ Office
8131 Lyndon B Johnson Fwy, Dallas, TX 75240
Listing Price: Request For Offer
Investment Overview
8131 LBJ is a Class A office building situated near one of Dallas’ most prominent intersections, adjacent to Highway 75. Built in 1980 and renovated in 2020 this 228,021-square-foot asset consists of a eight-story office.
The prominent office building offers an immediate opportunity to increase revenue through leasing of available suites and mark-to-market rental rate increases via staggered rollover. At approximately 65% occupancy, 8131 LBJ benefits from a diverse mix of tenant industries and in-place cash flow. With in-place rents averaging 24% below market, the building presents a rare opportunity to acquire a recently renovated office building with current cash flow and mark-to-market rents on 38% rollover in the next 36 months.
Positioned to capture tenant demand as a result of increased rates in the lower segment of the Dallas North Tollway, neighboring Central Expressway and Richardson / Plano office markets, 8313 LBJ offers modern upgrades with high-quality finishes, floor plates that allow flexible leasing configurations and easy access to transportation. Current ownership has invested over $2 Million to modernize the building and add amenities that include conference center, tenant lounge, renovated lobby, and common areas.
Investment Highlights
- Best Offer
- Great Asset for Investor or Owner-User
- Great LBJ Signage Available
- $1,411,592 NOI Based On Current Rent Roll
- Class "A" Office Building
- Minutes to Downtown Dallas, DFW International Airport & Most Dallas Suburbs
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- Best Offer
- Great Asset for Investor or Owner-User
- Great LBJ Signage Available
- $1,411,592 NOI Based On Current Rent Roll
- Class "A" Office Building
- Minutes to Downtown Dallas, DFW International Airport & Most Dallas Suburbs
Investment Overview
8131 LBJ is a Class A office building situated near one of Dallas’ most prominent intersections, adjacent to Highway 75. Built in 1980 and renovated in 2020 this 228,021-square-foot asset consists of a eight-story office. The prominent office building offers an immediate opportunity to increase revenue through leasing of available suites and mark-to-market rental rate increases via staggered rollover. At approximately 65% occupancy, 8131 LBJ benefits from a diverse mix of tenant industries and in-place cash flow. With in-place rents averaging 24% below market, the building presents a rare opportunity to acquire a recently renovated office building with current cash flow and mark-to-market rents on 38% rollover in the next 36 months. Positioned to capture tenant demand as a result of increased rates in the lower segment of the Dallas North Tollway, neighboring Central Expressway and Richardson / Plano office markets, 8313 LBJ offers modern upgrades with high-quality finishes, floor plates that allow flexible leasing configurations and easy access to transportation. Current ownership has invested over $2 Million to modernize the building and add amenities that include conference center, tenant lounge, renovated lobby, and common areas.