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29687600
29687601

151 Players Cir, Southlake, TX 76092

JV
TX TX 512565
Summit Real Estate
PT
TX 793517
Summit Real Estate
Listed by Summit Real Estate
$3,900,000
113 days on market
Updated 104 days ago

Players Circle Office

Details
Property Type Office
Sub Type Traditional Office
Square Footage 9,813
Cap Rate 7%
NOI $273,000
Occupancy 92.7%
Tenancy Multi
Lease Type NNN
Price per SqFt $397
Class A
Year Built 2016
Buildings 1
Acreage 0.670

93% Occupied | 9,813 SF | Class “A” Office Construction| Built in 2016

Investment highlights

Built in 2016 | Class “A” Office Construction

High-Quality Asset Positioned in One of DFW’s Most Desirable Submarkets

Upside Potential with Remaining Vacancy | Current Occupancy at 93%

NNN Lease Structure for Majority of Tenants | Limiting Landlord Responsibility

Average Household Income in 1-Mile Radius is $231,299 which is Nearly 3X the National Average

Located Off Players Circle & Southlake Blvd | Major Thoroughfare that Sees Over 40,000 Vehicles Per Day

Surrounded by an Abundance of National Retailers Including Sprouts, Hobby Lobby, Starbucks, Chipotle, Central Market, Chik-Fil-A, and Many More

Prime Location for Commercial Investment | Southlake Hosts Major Employers like Sabre Holdings, TD Ameritrade, and Verizon, Creating a Strong Corporate Presence that Drives Both Residential Stability and Demand for High-Quality Office

Listing Contacts

JV
TX TX 512565
Summit Real Estate
PT
TX 793517
Summit Real Estate
Listed by Summit Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$273,000.00
$22,750.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Jason Vitorino
License
TX 512565
Brokerage Phone
972-860-1966
Name
Parker Tims
License
793517
Brokerage
Summit Real Estate
Brokerage Phone
972-765-7240
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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