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ADDISON, TEXAS 75001
16479
SQUARE FEET
166,023
OPPORTUNITY
VALUE-ADD
OCCUPANCY
82.8%
PARKING RATIO
3.4/1,000
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Bent Tree Tower II
16479 Dallas Parkway
This has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.
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This has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.
Mark Meador
214 706 6046
mark.meador@colliers.com
214 706 6048
johanna.ramirez@colliers.com
949 724 5717
brian.corrigan@colliers.com
214 706 6047
cl.boyd@colliers.com
214 706 6029
creighton.stark@colliers.com
Johanna Ramirez
Brian Corrigan
Chris Boyd
Creighton Stark
EXCLUSIVE MARKETING ADVISORS
ACQUISITION FINANCING ADVISOR
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Executive Summary
Bent Tree Tower II, an institutionally owned and maintained office asset aggregating approximately 166,023 SF, provides a rare value-add investment opportunity fronting the Dallas North Tollway with prominent visibility and immediate access to executive housing and premier quality of life options.
Located along the Dallas North Tollway, North Texas’s most prominent and vibrant north/south corridor
Diverse tenant roster comprising, but not limited to, finance, energy, technology and marketing firms
Recently updated superior amenities including conference room, tenant lounge, café and executive fitness center with locker rooms
Continued Dallas Tollway office tenant demand from corporate relocations and expansions
Distinguished Asset
Distinguished asset with frontage along the Dallas North Tollway boasting exceptional ingress and egress
Institutionally Owned
Institutionally owned and maintained with a diverse rent roll of industries
Upside Potential
Significant upside potential through contractual rent escalations and lease up of vacant space which provides revenue growth of over 40% by year 4
Contiguous SF
±18,000 SF contiguous top floor availability
Compression Migration
Tollway Compression Migration Effect - as rental rates and occupancies rise in the neighboring Legacy and Preston Center submarkets, brand-name tenants are migrating to the lower/middle portion of the Tollway
Value-Add
Rare value-add Tollway opportunity with 82.8% occupancy and expiring rental rates 15% below market
Newly Upgraded
Newly upgraded building interior/exterior and attractive top of building signage opportunity
Location
Close proximity to exclusive residential areas and Dallas’ prominent country clubs
DALLAS PARKWAY
RECENT RENOVATIONS
$4.7MM
EFFICIENT FLOORPLATES
SQUARE FEET
20,500
NORTH TOLLWAY
FRONTAGE & PROMINENCE
DALLAS
DEMOGRAPHICS
PREMIER AREA
AVAILABILITY
SPEC SUITE
& LOCKER ROOMS
ON-SITE EXECUTIVE
FITNESS CENTER
RESTAURANT ROW
NEARBY
Bent Tree Tower II
16479 Dallas Parkway
Distinguished asset with frontage along the Dallas North Tollway boasting exceptional ingress and egress
Immediate spec suite availabilities
Close proximity to exclusive residential areas and Dallas’ prominent country clubs
