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Cash-Flowing Mid-Cities Office Park 4 Office Properties Online Auction Sale Grand Prairie, TX
Matterport 3D Tour
Investment Highlights
- Income-producing office park investment with a performing tenant mix and a prime location in the Mid-Cities region of the DFW Metroplex.
- Exceptional regional connectivity with easy access to George Bush Turnpike, Interstate 30, and Interstate 20, and just 15 miles from DFW Airport.
- Highly desirable for healthcare tenants, with proximity to ALMS Community Health center and a large number of nearby medical clinics.
- Diversified rental income stream from over 120 tenants across healthcare, retail, logistics, personal and professional services, and more.
- One-of-a-kind “GoLounge” amenity space with a micro-market, a stylish lounge, state-of-the-art conference rooms, and coworking/executive suites.
- Competitive local office submarket promising long-term growth potential with five-year annual average rent growth of 2.3%
Executive Summary
Parc Oak Plaza offers investors the unique opportunity to acquire a cash-flowing office park with an exceptional location in the Mid-Cities region at 2304-2307 Oak Lane in Grand Prairie, Texas. Currently 99% occupied by over 120 tenants across healthcare, personal services, retail, logistics, religious institutions, and professional services, this incredible acquisition delivers dependable rental income and long-term growth potential.
Parc Oak Plaza spans four buildings and a total of 101,491 square feet on a 7.53-acre lot, originally built in 1978 and expertly maintained over the years. The property presents an idyllic work environment, boasting vibrant landscaping and a top-tier amenity package. Businesses are drawn to the property by enterprise-grade fiber internet, a complete suite of IT services, and picturesque outdoor seating areas. Additionally, the building offers an innovative, one-of-a-kind amenity space, GoLounge, which is equipped with a fully stocked micro market, a stylishly designed lounge, state-of-the-art conference rooms, and coworking/executive suites.
The property enjoys unmatched regional connectivity in the DFW’s Mid-Cities region, with easy access to President George Bush Turnpike, Interstate 30, and Interstate 20. Situated just off W Pioneer Parkway, tenants of the property will also benefit from quick access to quality urban amenities, including national retail brands like Aldi, Kroger, Planet Fitness, Dunkin’, McDonald’s, Wells Fargo, and more. The location is particularly enticing for healthcare tenants, with convenient proximity to the ALMS Community Health Center and numerous nearby medical clinics.
Strategic placement in the Mid-Cities region positions Parc Oak Plaza just 19 miles from Downtown Dallas and 23 miles from Downtown Fort Worth, allowing future leasing efforts to easily target tenants from across the greater market. Grand Prairie’s Office Submarket also ensures consistent growth potential, with local rents climbing 1.2% year-over-year and five-year average annual rent growth of 2.3%.
Don’t miss out on this incredible opportunity; Review the documents in the Data Room and contact the Flex Parks USA team today to learn more.
Property tours are by appointment only. Please contact the listing broker to schedule.
Parc Oak Plaza spans four buildings and a total of 101,491 square feet on a 7.53-acre lot, originally built in 1978 and expertly maintained over the years. The property presents an idyllic work environment, boasting vibrant landscaping and a top-tier amenity package. Businesses are drawn to the property by enterprise-grade fiber internet, a complete suite of IT services, and picturesque outdoor seating areas. Additionally, the building offers an innovative, one-of-a-kind amenity space, GoLounge, which is equipped with a fully stocked micro market, a stylishly designed lounge, state-of-the-art conference rooms, and coworking/executive suites.
The property enjoys unmatched regional connectivity in the DFW’s Mid-Cities region, with easy access to President George Bush Turnpike, Interstate 30, and Interstate 20. Situated just off W Pioneer Parkway, tenants of the property will also benefit from quick access to quality urban amenities, including national retail brands like Aldi, Kroger, Planet Fitness, Dunkin’, McDonald’s, Wells Fargo, and more. The location is particularly enticing for healthcare tenants, with convenient proximity to the ALMS Community Health Center and numerous nearby medical clinics.
Strategic placement in the Mid-Cities region positions Parc Oak Plaza just 19 miles from Downtown Dallas and 23 miles from Downtown Fort Worth, allowing future leasing efforts to easily target tenants from across the greater market. Grand Prairie’s Office Submarket also ensures consistent growth potential, with local rents climbing 1.2% year-over-year and five-year average annual rent growth of 2.3%.
Don’t miss out on this incredible opportunity; Review the documents in the Data Room and contact the Flex Parks USA team today to learn more.
Property tours are by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
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Street
Map
Data Room Click Here to Access
- Operating and Financial Statements
- Purchase Agreement
- Title and Insurance
Market Analytics Click Here to Access
Property Facts
| Sale Condition | Auction Sale | Number of Properties | 4 |
| Type of Ownership | Fee Simple | Total Building Size | 177,761 SF |
| Sale Type | Investment | Total Land Area | 8.00 AC |
| Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Total Building Size | 177,761 SF |
| Total Land Area | 8.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
|
Building 3
2304 Oak Ln, Grand Prairie, TX 75051 |
Office | 101,491 SF | 1978 |
|
Building 4
2305 Oak Ln, Grand Prairie, TX 75051 |
Office | 36,571 SF | 1974 |
|
Building 1
2306 Oak Ln, Grand Prairie, TX 75051 |
Office | 20,548 SF | 1972 |
|
Building 2
2307 Oak Ln, Grand Prairie, TX 75051 |
Office | 19,151 SF | 1978 |
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Sale Advisor
Sale Advisor
Cody Payne
Cody Payne is Senior Vice President at Colliers International in Fort Worth, Texas and specializes in selling Office and Industrial investment properties in the Dallas/Fort Worth market. Over the past 18 years, Cody and his team have closed more than 850 commercial real estate transactions. Combined with Colliers International Platform and Cody’s extensive knowledge and expertise of leasing, management, market conditions and business, The Payne Office & Industrial Team provides their clients and investors the opportunity to maximize value while creating a competitive advantage that yields the best results. Prior to joining Colliers International, Cody worked at Marcus & Millichap and Sperry Van Ness/Dunn Commercial for over 10 years, where he specialized in Office and Industrial investment sales, management and leasing. While there, Cody had a very successful and prominent leasing team of highly experienced and transactional agents. Through Cody’s leadership and direction, the team grew the company’s portfolio to actively leasing over 40 buildings. Cody has extensive experience in the Office and Industrial leasing sector having worked with many major companies from Local/Regional to Fortune 500 companies and GSA leases.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X Commercial, LLC Todd Siegel RE Brkr 9004662
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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