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Investment Highlights

  • Institutional-quality 15-story Class A office tower along IH-635 with premier highway exposure.
  • Infill submarket location with proximity to Uptown, Preston Center, and Medical City.
  • 8-acre land area provides long-term redevelopment optionality under MU-3 zoning.
  • Renovated with state-of-the-art fitness facility, café, training rooms, and upgraded lobby.
  • Strong in-place tenancy with 5-year weighted lease term and opportunities for NOI growth.
  • Excellent access to major thoroughfares and visibility to over 210,000 vehicles daily.

Executive Summary

Lake Highlands Tower (LHT) presents an exceptional value-add investment opportunity in Dallas’ growing northeast corridor. Located along the heavily traveled LBJ Freeway (IH-635) with daily visibility to over 210,000 vehicles, this Class A 15-story office tower is strategically positioned in an infill submarket offering strong demographics and accessibility.Ownership has executed a comprehensive renovation, adding a modern fitness center, café, conference and training facilities, and a welcoming lobby.
Currently 76% leased, LHT offers immediate upside through lease-up of remaining space and market-to-market rent adjustments, supported by a 5+ year weighted average lease term anchored by creditworthy tenants. Recent leasing trends in the submarket exceed $18/SF, while in-place rents offer compelling mark-to-market potential. The property sits on 8 acres allowing future redevelopment flexibility for multifamily or mixed-use initiatives under MU-3 zoning.
Positioned within one of Dallas’ most dynamic corridors, the property is adjacent to major highways, retail hubs, and dense residential neighborhoods, ensuring sustained tenant demand for years to come.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
330,508 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1983/2012
Percent Leased
76%
Tenancy
Multiple
Building Height
15 Stories
Typical Floor Size
22,034 SF
Slab To Slab
13’
Building FAR
0.93
Lot Size
8.18 AC
Zoning
MU 3, Dallas - Mixed Use
Parking
1,149 Spaces (3.48 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Food Service
  • Property Manager on Site
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 120
  • 2,843 SF
  • Office
  • Full Build-Out
  • Now

Ground floor, Building lobby exposure

  • 2nd Fl-Ste 280
  • 2,284 SF
  • Office
  • Full Build-Out
  • Aug 2026

Elevator lobby exposure

  • 2nd Fl-Ste 295
  • 1,914 SF
  • Office
  • Full Build-Out
  • May 2026
  • 3rd Fl-Ste 350
  • 6,056 SF
  • Office
  • Full Build-Out
  • Now

Elevator lobby exposure

  • 3rd Fl-Ste 355
  • 1,169 SF
  • Office
  • Full Build-Out
  • 60 Days
  • 4th Fl-Ste 400
  • 22,797 SF
  • Office
  • Full Build-Out
  • Now

Building signage available for full floor

  • 6th Fl-Ste 625
  • 2,339 SF
  • Office
  • Shell Space
  • Now
  • 8th Fl-Ste 850
  • 2,506 SF
  • Office
  • Full Build-Out
  • Now
  • 8th Fl-Ste 870
  • 1,570 SF
  • Office
  • Full Build-Out
  • Now
  • 10th Fl-Ste 1040
  • 1,347 SF
  • Office
  • -
  • Jun 2026
  • 11th Fl-Ste 1135
  • 2,080 SF
  • Office
  • Partial Build-Out
  • Now

Espace d'angle avec une grande ligne de fenêtres en verre.

  • 11th Fl-Ste 1195
  • 888 SF
  • Office
  • Full Build-Out
  • Now
  • 12th Fl-Ste 1275
  • 3,650 SF
  • Office
  • Full Build-Out
  • Now
  • 15th Fl-Ste 1500
  • 12,000-22,657 SF
  • Office
  • Partial Build-Out
  • Now

Dernier étage. En état brut. Vue à 360 degrés.

Space Size Space Use Build-Out Available
1st Fl-Ste 120 2,843 SF Office Full Build-Out Now
2nd Fl-Ste 280 2,284 SF Office Full Build-Out Aug 2026
2nd Fl-Ste 295 1,914 SF Office Full Build-Out May 2026
3rd Fl-Ste 350 6,056 SF Office Full Build-Out Now
3rd Fl-Ste 355 1,169 SF Office Full Build-Out 60 Days
4th Fl-Ste 400 22,797 SF Office Full Build-Out Now
6th Fl-Ste 625 2,339 SF Office Shell Space Now
8th Fl-Ste 850 2,506 SF Office Full Build-Out Now
8th Fl-Ste 870 1,570 SF Office Full Build-Out Now
10th Fl-Ste 1040 1,347 SF Office - Jun 2026
11th Fl-Ste 1135 2,080 SF Office Partial Build-Out Now
11th Fl-Ste 1195 888 SF Office Full Build-Out Now
12th Fl-Ste 1275 3,650 SF Office Full Build-Out Now
15th Fl-Ste 1500 12,000-22,657 SF Office Partial Build-Out Now

1st Fl-Ste 120

Size
2,843 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 280

Size
2,284 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Aug 2026

2nd Fl-Ste 295

Size
1,914 SF
Space Use
Office
Build-Out
Full Build-Out
Available
May 2026

3rd Fl-Ste 350

Size
6,056 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 355

Size
1,169 SF
Space Use
Office
Build-Out
Full Build-Out
Available
60 Days

4th Fl-Ste 400

Size
22,797 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 625

Size
2,339 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

8th Fl-Ste 850

Size
2,506 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

8th Fl-Ste 870

Size
1,570 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

10th Fl-Ste 1040

Size
1,347 SF
Space Use
Office
Build-Out
-
Available
Jun 2026

11th Fl-Ste 1135

Size
2,080 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

11th Fl-Ste 1195

Size
888 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

12th Fl-Ste 1275

Size
3,650 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

15th Fl-Ste 1500

Size
12,000-22,657 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 120

Size 2,843 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Ground floor, Building lobby exposure

2nd Fl-Ste 280

Size 2,284 SF
Space Use Office
Build-Out Full Build-Out
Available Aug 2026

Elevator lobby exposure

2nd Fl-Ste 295

Size 1,914 SF
Space Use Office
Build-Out Full Build-Out
Available May 2026

3rd Fl-Ste 350

Size 6,056 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Elevator lobby exposure

3rd Fl-Ste 355

Size 1,169 SF
Space Use Office
Build-Out Full Build-Out
Available 60 Days

4th Fl-Ste 400

Size 22,797 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Building signage available for full floor

6th Fl-Ste 625

Size 2,339 SF
Space Use Office
Build-Out Shell Space
Available Now

8th Fl-Ste 850

Size 2,506 SF
Space Use Office
Build-Out Full Build-Out
Available Now

8th Fl-Ste 870

Size 1,570 SF
Space Use Office
Build-Out Full Build-Out
Available Now

10th Fl-Ste 1040

Size 1,347 SF
Space Use Office
Build-Out -
Available Jun 2026

11th Fl-Ste 1135

Size 2,080 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Espace d'angle avec une grande ligne de fenêtres en verre.

11th Fl-Ste 1195

Size 888 SF
Space Use Office
Build-Out Full Build-Out
Available Now

12th Fl-Ste 1275

Size 3,650 SF
Space Use Office
Build-Out Full Build-Out
Available Now

15th Fl-Ste 1500

Size 12,000-22,657 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

Dernier étage. En état brut. Vue à 360 degrés.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100

Property Taxes

Property Taxes

Parcel Number
00841300000010000
Land Assessment
$7,288,221 CAD
Improvements Assessment
$21,360,821 CAD
Total Assessment
$28,649,041 CAD
  • Listing ID: 40226098

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 9330 Lyndon B Johnson Fwy, Dallas, TX 75243

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