Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1983
Building Area
Land Area ()
Number of units 120599

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire 2626 Cole (the “Property”), a 120,599 square foot, newly renovated office building in the center of Uptown Dallas. The Property benefits from a highly amenitized mixed-use location surrounded by the city’s most prominent employment centers, leading demographics, and a walkable environment with an abundance of nearby retail and restaurant options. Currently 93% leased with in-place rents 26% below market, 2626 Cole provides investors the rare opportunity to acquire durable cash flows with upside potential in Dallas’ most established office node at a significant discount to replacement cost.

Investment Highlights

  • Coveted Uptown Dallas Location
  • Stable Cash Flow at 93% Leased
  • Significant Near-Term Mark-to-Market Opportunity - 26% Below Market
  • Best-In-Class Asset with Professionally Designed Lobby and Upgraded Common Areas and Restrooms
  • Attractive Basis Providing a Cost Effective Alternative
  • Richly Amenitized Mixed-Use Atmosphere
Last Updated Date: 17 May 2021
Todd Savage
Todd Savage
Senior Managing Director, Capital Markets
License details
TX-0509026
Parker McCormack
Parker McCormack
Senior Director, Capital Markets
License details
TX-686138

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Last Updated Date: 17 May 2021

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