Portfolio

Stoneridge Business Park

9050 Autobahn Dr Dallas, United States 75237

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

Enter the "Deal room" for exclusive documents related to this property.

Teaser

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.

I accept the confidentiality agreement

I accept the confidentiality agreement I accept the confidentiality agreement

Attributes

Building Area

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Stoneridge Business Park (the “Property” or “Park”), a 171,025 square foot light industrial park located in Dallas-Fort Worth within the high-performing South Dallas industrial submarket. Positioned on 8.4 acres, the Park is comprised of three institutional-quality light industrial facilities with an average office finish of 58%. Over the last 18 months, the Property has achieved excellent absorption and rental rate growth, partly due to the continued improvement of the South Dallas industrial submarket as a whole, and partly due to a very well executed spec suite program by the current owner within Building 1 of the Park. Drafting off this momentum, the Property is poised to continue to perform and offers very compelling value-add upside in the near-term.

Investment Highlights

INSTITUTIONAL-QUALITY ASSET AT A SIGNIFICANT DISCOUNT TO REPLACEMENT COST
VALUE CREATION OPPORTUNITY THROUGH LEASE UP
MARK-TO-MARKET OPPORTUNITY
STRATEGICALLY POSITIONED WITH EXCELLENT ACCESS
PRIME LOCATION WITHIN THE HIGH-PERFORMING SOUTH DALLAS INDUSTRIAL SUBMARKET

Portfolio Summary

RENTABLE SQUARE FOOTAGE: 171,025 SF
OCCUPANCY: 82.8%
OFFICE FINISH: 58%
CLEAR HEIGHT: 18’ – 20’
WALT: 3.6 Years
YEAR BUILT: 1987
PARKING RATIO: 3.3 / 1,000 SF

Last Updated Date: 13 Jan 2021

Stephen Bailey

Senior Director, Capital Markets

License details

TX-648685

+61283171118

Dustin Volz

Managing Director, Capital Markets

+61283171118

There was an error submitting your request. Please try again, or submit you inquiry here.

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 13 Jan 2021