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29432447
29432448

12225 Greenville Ave, Dallas, TX 75243

CP
TX 551177
Flex Parks USA LLC
Listed by Flex Parks USA LLC
Unpriced
126 days on market
Updated 28 days ago

High Point Plaza

Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 264,495
Units 130
Occupancy 52%
Broker Co-Op Yes
Class B
Year Built 1987
Buildings 1
Stories 10
Acreage 6.200
Investment Type Value Add
Ownership Fee Simple

Office | 264,495 SqFt

Marketing description

Flex Parks USA is pleased to present the opportunity to acquire High Point Center, a value-add office investment prominently located just south of the LBJ Freeway (I-635) at 12225 Greenville Avenue in Dallas, Texas. The ten-story, 264,495 square foot building was originally constructed in 1987 and has undergone numerous renovations over the years, modernizing its infrastructure and amenities to meet the needs of today’s office tenants.

Located in the heart of North Dallas, the property offers immediate access to US-75 and I-635, providing efficient connectivity to Downtown Dallas, Richardson’s Telecom Corridor, and the broader DFW Metroplex. The surrounding area benefits from strong residential density, including nearby Lake Highlands, and numerous retail and restaurants.

High Point Center delivers an elevated tenant experience with a timeless lobby and upgraded common areas. Amenities include a full-service deli, fitness center with showers, tenant lounge and conference facilities, and 24-hour secured access with on-site management.

The property also features an exceptional parking supply with over 1,200 spaces, offering a desirable 5.0:1,000 SF parking ratio.

The asset provides both stability and upside, serving a diverse tenant base with move-in-ready suites ranging from approximately 800 to over 25,000 square feet. Competitive lease rates, continued leasing momentum, and targeted capital improvements create a clear path to NOI growth and long-term value enhancement.

The retail / showroom portion of the property offers 16,000 RSF of prime retail space to add to the property's amenities and appeal.

High Point Center represents a compelling opportunity to acquire a well-located, income-producing office asset with value-add potential in one of Dallas’s most accessible and established office corridors.

Investment highlights

  • Value Add Opportunity - offering immediate cash flow for investors with the ability to increase rents and lease remaining vacancies.

  • Easy access to I-635 & US-75 in North Dallas; near Lake Highlands and Telecom Corridor

  • 5:1,000 SF parking ratio via structured garage and surface lot

  • Great opportunity with a mix of office and retail in a highly sought after location with a parking garage, perfect for a value-add investment or potential re-development.

Listing Contacts

CP
TX 551177
Flex Parks USA LLC
Listed by Flex Parks USA LLC

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