Listed by Weitzman Dallas
Unpriced
Meadow Park Tower
Details
Property Type Office
Sub Type Traditional Office
Square Footage 262,799
Occupancy 86%
Tenancy Multi
Class A
Year Built 1987
Year Renovated 2025
Buildings 3
Stories 16
Acreage 3.140
Investment Type Core+
Office | 262,799 SqFt
Marketing description
Weitzman is pleased to exclusively offer to qualified investors, the opportunity to purchase 10440 North Central Expressway (“Meadow Park Tower”) in Dallas, Texas, an approximately 262,799-square-foot, Class A, multi-tenant, 16-story office building located adjacent to two of the top performing submarkets in the Southwestern United States. Built in 1987, Meadow Park Tower has been given iconic status along Dallas’ infill Preston Hollow corridor. Completely renovated and repositioned from 2020-2025, this premier office destination offers best in class amenities, including a state-of-the-art fitness center with country club-style locker rooms, tenant lounge, cafe, conference and training center, along with prominent lobby, massive fish habitat and 24/7 onsite security. Meadow Park Tower is 86% leased and will be sold as a rare core-plus /value-add investment with tremendous upside. The offering’s strong corporate credit has a 4+ year WALT from impermeable industry sectors. Meadow Park Tower is poised for the most seamless business plan execution.
The 16-story building sits prominently along the Central Expressway corridor directly across the street from Dallas’ Park Cities and Preston Hollow neighborhoods, providing unparalleled convenience and visibility factors with approximately 227,000 vehicles passing per day. This prime location provides walkability to public transportation (DART), the amenity rich Walnut Hill and Park Lane high street restaurant and shopping districts, as well as close proximity to NorthPark Center, Knox Street and Galleria, as well as both commercial airports (DFW – American Airlines headquarters and Love Field –Southwest Airlines headquarters), which are just minutes away.
Investment highlights
- Quality Trophy Tower
- Rare opportunity to acquire an institutional quality core-plus/value-add property in a rapidly escalating submarket. The office tower has been institutionally maintained since inception. The efficient 19,600-square-foot square floorplates offer tenants superior efficiencies and eight corner offices on each floor. The property possesses timeless architecture with attractive granite and glass facade.
- NCX Transformation Yields Unparalleled Location
- Strong fundamentals in neighboring submarkets have fostered existing and future growth. Massive new developments across all product lines in the NCX / Walnut Hill / Preston Hollow corridor have provided Meadow Park Tower significant uplift as compared to identical amenities in Preston Center and Uptown.
- Significant Demand from Nearby Submarkets
- Direct beneficiary from the strongest submarkets in the southwestern United States which are Uptown and Preston Center. The higher rental rates in these submarkets are significant, which supports rent growth and an increasingly higher net operating income at Meadow Park Tower.
- High Return, Core-Plus Opportunity
- Existing rents 30% below market provide a substantial mark-to-market opportunity. This rental rate lift provides investors significantly favorable returns compared to similar quality properties. This is all taking place at the property as the Dallas office market is currently experiencing a considerable upswing.
- Significant Recent Leasing Momentum
- Since 2021, current ownership leased nearly 200,000 square feet within the Property between both new and existing tenants. The tremendous leasing activity continues to outpace the submarket, clearly demonstrating the Property’s competitive position as one of the most desirable assets in the Central Expressway submarket. In addition, a significant value opportunity exists based on projected market rents and leasing the remaining vacant suites, due to scarcity of quality, Class A space in the historically tight submarket. No new competitive office product is planned or under construction in the submarket.
- Video Link: https://www.weitzmangroup.com/properties/meadowparktower
Listing Contacts
Listed by Weitzman Dallas
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
MU-3 MixedMixed UseMixed Use District 3
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 89 uses
View all 89 uses Last updated May 19, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
















