Asking Price Contact for pricing
Sq. Footage 125,725
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1972

Property Description

126k SF, Class B boutique office opportunity in Turtle Creek submarket of Dallas; 64% leased with upside from additional leasing and mark-to-market opportunity as in-place rents are 25% below market.

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire One & Two Oak Lawn (the “Properties” or “Offering”), totaling 125,725-square-feet in two adjacent office buildings within the core of Dallas’ top-performing Uptown / Turtle Creek submarket. The Offering provides a unique, high-quality boutique office environment in a highly amenitized mixed-use location at an attractive relative value compared to surrounding office product within the submarket. Currently 64% leased with rents averaging 22% below market at expiration, One & Two Oak Lawn represents a rare opportunity to acquire a value-add project in a coveted urban location with significant yield-enhancement available through additional repositioning, lease-up, and mark-to-market.
Andrew Levy
Andrew Levy
Senior Managing Director Co-Head
Todd Savage
Todd Savage
Managing Director
Licensed in
509026

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