Colliers International is pleased to present the opportunity to acquire an attractive multi-tenant office building situated within the Dallas MSA. The subject property is located 1304 W Walnut Hill Ln in Irving, Texas. This building was built in 1981 with many recent renovations including a remodel of the entryway and water feature, replaced HVAC units, and a roof replacement in 2010 with a 20-year warranty. The subject property measures 41,661 sqft and sits on a 2.10-acre lot offering ample parking with a ratio of 3.47/1,000 and 34 covered spaces.
The property is conveniently located with easy access to Hwy 114, 161, I-635, 183, and is minutes from the DFW International Airport. Regent Place is situated in a strong, growing submarket of the DFW, with persistent growth and construction in the immediate area, and continued development of retail and restaurants. Regent Place is located in the affluent Las Colinas submarket, a dynamic community that offers a unique atmosphere and many shopping, restaurant and office amenities. The surrounding area has a dense population corridor with over 242,242 people within a 5-mile radius.
Regent Place is an excellent prospect for potential investors in one of the best submarkets in an income tax-free state, providing additional benefits for investment. This type of asset is appealing to banks and financial institutions, and debt quotes are available.
Tremendous Value-Add Opportunity
Below Market Rates and Strong Rental History
Situated in One of the Most Affluent Communities in the DFW Metroplex
Strong Tenant Mix with Staggered Lease Expirations
Numerous Renovations Completed including Common Area and Exterior
- Property Type
Office
- Submarket
- Year Built
1981Renovated 2018
- Total Building Size
42,868RSF
- Total Acres
0.96
- Number of Floors
3
- Building Class
B
- Property ID
369174
