Overview
Younger Partners has been exclusively retained to offer qualified buyers the
opportunity to acquire Lyndon Office Plaza (Property). Comprised of three
buildings and a parking structure, the site area includes just under 7 acres of
high-profile, freeway fronting land. Zoned CS (Commercial Service), the site is
accessible off of the newly expanded IH-635 (LBJ Freeway) at the heart of the
thriving Garland industrial submarket where market occupancy is 95%.
57% leased to a roster of small office tenants, the buildings offer existing cash
flow to a potential buyer as development plans are finalized. The majority of
the leases are slated to mature in 2025 which should help facilitate a quick
timetable to shovel ready dirt.
opportunity to acquire Lyndon Office Plaza (Property). Comprised of three
buildings and a parking structure, the site area includes just under 7 acres of
high-profile, freeway fronting land. Zoned CS (Commercial Service), the site is
accessible off of the newly expanded IH-635 (LBJ Freeway) at the heart of the
thriving Garland industrial submarket where market occupancy is 95%.
57% leased to a roster of small office tenants, the buildings offer existing cash
flow to a potential buyer as development plans are finalized. The majority of
the leases are slated to mature in 2025 which should help facilitate a quick
timetable to shovel ready dirt.
Key Facts
The site boasts 6.99 acres of land with flexible zoning located along LBJ Freeway, proximate to one of DFW's densest employment nodes
Provides investor substantial upside opportunities through either lease-up available space or redevelopment of the site
Rare opportunity to acquire a site that can be re-developed into a variety of property types including industrial, hospitality, retail, and more
Lyndon Office Plaza’s infill location offers high barriers to entry and is ideal for shallow bay industrial development
Located in Garland’s thriving industrial submarket, the site benefits from strong demand driven by corporate relocations to DFW