1615-1701 Science Pl
Rockwall, TX 75032
L3 Technologies Rockwall, TX Portfolio · Property For Sale · 155,670 SF Total

Transwestern National Net Lease | Sale Leaseback Group is pleased to present two, Mission Critical single-tenant triple net leased office buildings leased to L3 Technologies, Inc. (NYSE: LHX) in Rockwall (Dallas), Texas. The single-story buildings are across the street from one another with the 1700 Science Place building consisting of 50,000 square feet and 1615-1701 Science Place consisting of 100,000 square feet. The buildings may be acquired together or individually.
The combined NOI is $2,286,722. The NOI for the 1700 building is $750,000 and the NOI for the 1615-1701 building is $1,536,722.
L3 Technologies has occupied the 1700 Science Place building since January 2010 and the 1615-1701 Science Place building since June 2015. L3 recently executed a five-year lease extension for the 1700 building and relinquished an early termination option on the 1615-1701 Science Place building indicating a strong commitment to the properties.
In addition to private offices and workstations, the 1700 building has a Sensitive Compartmented Information Facility (SCIF Room).
L3 Technologies merged with Harris Corporation in 2019 to form L3Harris Technologies, Inc. L3 is a top tier American defense contractor and aerospace technology provider. They specialize in mission-critical systems, including command and control, advanced electronics, secure communications, surveillance, night vision, and aerospace/maritime solutions for military and government customers. L3’s annual revenue exceeds $21 billion operating in more than 100 countries.
Contact the brokers for pricing guidance.