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Fairways I 16250 Knoll Trail Dr 34,520 SF 95% Leased Office Building Dallas, TX 75248 For Sale
EXECUTIVE SUMMARY
16250 Knoll Trail Drive is a ±34,520 square foot, two-story office building prominently positioned in North Dallas with direct frontage along Bent Tree Country Club and immediate access to the Dallas North Tollway. The asset offers strong visibility within a high-demand corridor. Its location near Preston Road, Addison Circle, and abundant retail and executive housing makes it well-suited for professional office users seeking accessibility and convenience in a supply-constrained submarket.
The property is currently 95% leased to a diverse mix of tenants, providing a strong in-place income stream and immediate cash flow for investors. The tenant roster is comprised of professional services with staggered lease expirations, limiting nearterm rollover risk. With professional management in place and consistent leasing velocity driven by the location’s demand profile, the asset offers long-term income stability and upside through future renewals and potential mark-to-market opportunities.
The property is currently 95% leased to a diverse mix of tenants, providing a strong in-place income stream and immediate cash flow for investors. The tenant roster is comprised of professional services with staggered lease expirations, limiting nearterm rollover risk. With professional management in place and consistent leasing velocity driven by the location’s demand profile, the asset offers long-term income stability and upside through future renewals and potential mark-to-market opportunities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
34,520 SF
Building Class
B
Year Built
1978
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
17,374 SF
Building FAR
0.40
Lot Size
1.97 AC
Zoning
O-2 - Office
Parking
80 Spaces (3.81 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
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PROPERTY TAXES
| Parcel Number | 00000799917850000 | Improvements Assessment | $4,147,763 CAD |
| Land Assessment | $1,208,299 CAD | Total Assessment | $5,356,062 CAD |
PROPERTY TAXES
Parcel Number
00000799917850000
Land Assessment
$1,208,299 CAD
Improvements Assessment
$4,147,763 CAD
Total Assessment
$5,356,062 CAD
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Fairways I | 16250 Knoll Trail Dr
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