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27820144
27820159

17768 Preston Rd, Dallas, TX 75252

KA
TX 731346
KARE | Investment Sales & Leasing
Listed by KARE | Investment Sales & Leasing
Unpriced
225 days on market
Updated 37 days ago

17768 Preston Road, Dallas, Texas 75252

Details
Property Type Office
Sub Type Traditional Office
Square Footage 6,446
Units 2
Pro-Forma Cap Rate 6.99%
Year Built 1985
Year Renovated 2023
Buildings 1
Stories 2
Acreage 7.664
Zoning OFFICE
Investment Type Owner/User

Office | 6,446 SqFt

Marketing description


Ideally positioned along the highly traveled Preston Road corridor, this two-story ±6,446-square-foot office complex offers excellent visibility and accessibility in the heart of Dallas, TX. The property has recently undergone significant renovations, featuring newly remodeled office interiors, upgraded LED lighting, and modern finishes throughout. Major capital improvements include new HVAC systems and a new roof, ensuring long-term efficiency and reduced maintenance for future ownership. The building comprises 15 fully renovated private office suites, break rooms, updated common restrooms, and ample on-site parking. Designed to suit both owner-users and investors, the property offers a flexible layout with suites actively being marketed for lease. Centrally located near several major thoroughfares, the property offers exceptional access and convenience for both employees and clients, making it an attractive option within one of Dallas’s most active office submarkets.

Investment highlights

Property Highlights

  • Two-story office building totaling ±6,446 SF within the well-maintained Georgetown Office Community.

  • Fully renovated in 2023, featuring modern interiors, a new roof, and brand-new HVAC systems throughout.

  • Prime North Dallas location along Preston Road, offering outstanding visibility and accessibility.

  • Situated on ±7.66 acres within a professionally managed office park featuring shared parking and landscaped common areas.

  • Flexible layout — ideal for owner-users or investors, suitable for single or multi-tenant occupancy.

  • Pro Forma Rent: $13.00/SF NNN | Pro Forma NOI: ±$83,798/year.

  • Asking Price: $1,199,000 | Pro Forma Cap Rate: ±6.9%.

  • Zoned Office, allowing a range of professional and medical uses.

  • NNN lease-ready structure – minimal landlord responsibilities (tenants reimburse taxes, insurance, and maintenance).

  • Excellent regional access via Preston Road, SH-190 (President George Bush Turnpike), Dallas North Tollway, and US-75.

  • Surrounded by affluent neighborhoods, established businesses, and abundant retail and dining amenities.

Listing Contacts

KA
TX 731346
KARE | Investment Sales & Leasing
Listed by KARE | Investment Sales & Leasing

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Additional Information

Name
Karan Aulakh, CCIM
License
731346
Brokerage
KARE - Investment Sales & Leasing
Brokerage Phone
4694716413
Title
Managing Broker
Brokerage Address
11615 Forest Central Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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