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Empire Commerce Center 2 Office Properties in Dallas, TX
Investment Highlights
- Empire Commerce Center is currently 88.96% leased to 14 tenants
- All tenants have annual rent increases on their remaining term
- In-place rents are +/- 23% below market
- Diversity of suite sizes to suit market demand
Executive Summary
± 43,737 SF | VALUE ADD OFFICE PROPERTY | 88.96% LEASED
Formation Real Estate is pleased to present the opportunity to acquire 1140-1150 Empire Central Place, a two-building, single-story office property located in a core Dallas infill corridor near Love Field, Stemmons Freeway, Downtown Dallas, and the Medical District.
The property encompasses approximately 43,737 square feet in a low-rise, multi-tenant configuration with individual suite entrances and on-site parking. This layout provides tenants with the accessibility and convenience of a campus-style environment while maintaining the efficiency of a professionally managed portfolio asset. The design supports a broad range of office users seeking visibility, autonomy, and ease of access for employees and clients.
Formation Real Estate is pleased to present the opportunity to acquire 1140-1150 Empire Central Place, a two-building, single-story office property located in a core Dallas infill corridor near Love Field, Stemmons Freeway, Downtown Dallas, and the Medical District.
The property encompasses approximately 43,737 square feet in a low-rise, multi-tenant configuration with individual suite entrances and on-site parking. This layout provides tenants with the accessibility and convenience of a campus-style environment while maintaining the efficiency of a professionally managed portfolio asset. The design supports a broad range of office users seeking visibility, autonomy, and ease of access for employees and clients.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 43,737 SF |
| Number of Properties | 2 | Total Land Area | 6.38 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 43,737 SF |
| Total Land Area | 6.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Empire Commerce Center
1150 Empire Central Pl, Dallas, TX 75247 |
Office | 24,624 SF | 1982 | - |
|
Empire Commerce Center
1140 Empire Central Pl, Dallas, TX 75247 |
Office | 19,113 SF | 1982 | - |
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