
Preston Tower
Fully Leased Retail Investment | Preston Tower Dallas | Preston Hollow Across from Preston Center
Marketing description
Rare opportunity to acquire a fully leased set of suites within Preston Tower, a landmark 29-story high-rise located in the prestigious Preston Hollow submarket of Dallas. This stabilized asset features three occupied suites with a strong service-oriented tenant mix, including a spa, hair salon, and professional office, providing immediate cash flow and tenant diversification.
Preston Tower offers a unique mixed-use environment with built-in consumer traffic from over 300 residential units, creating a consistent and captive customer base for on-site businesses. The building delivers a true amenity-rich lifestyle, including 24-hour concierge and security, resort-style pool with courtyard lounge and fire feature, fitness center, tennis and pickleball courts, and secure parking.
Additionally, Preston Tower is known for its integrated commercial component, with on-site retail and service providers such as salons, coffee shop, and personal services, reinforcing its position as a convenience-driven destination for residents.
Strategically located along Northwest Highway between the Dallas North Tollway and US-75, and directly across from Preston Center, the property benefits from exceptional accessibility, strong surrounding demographics, and proximity to the Park Cities and Preston Hollow—two of Dallas’ most affluent areas.
This offering presents a rare chance to acquire a stabilized, income-producing asset in one of Dallas’ most established and desirable mixed-use environments, with long-term upside through rental growth and continued demand for service-based tenants.
Contact Lisa Martin for more information (214) 908-2609
Investment highlights
- 100% Leased | Immediate Cash Flow - Three fully occupied suites delivering stable, in-place income from day one
- Service-Based Tenant Mix = Sticky Income - Spa, hair salon, and office tenants driven by repeat clientele and long-term location dependency
- Built-In Customer Base - Located within Preston Tower, providing direct access to hundreds of on-site residents plus surrounding foot traffic
- Prime Preston Hollow Location - Across from Preston Center in one of Dallas’ highest-income, most desirable submarkets
- Low Management Intensity Asset - Small-format suites with established tenants offer a straightforward, hands-off investment profile
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