Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1972
Building Area
Occupancy 64.0 %

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.
Last Updated Date: 08 Apr 2020
Andrew Levy
Andrew Levy
Senior Managing Director, Dallas Office Co-Head
License details
LA-BROK.0995686164-ACT TX-0413696
Todd Savage
Todd Savage
Senior Managing Director, Capital Markets
License details
TX-0509026

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Last Updated Date: 08 Apr 2020

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