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KING JAMES DRIVE REGAL ROW R O U N D T ABLE DR IVE 35E 35E 183 CARRIER DATA CENTER DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD www.streamrealty.com 1460 Round Table Drive, Dallas, TX 75247 104,427 RENTABLE SQUARE FEET | 9.662 ACRES FOR SALE OR LEASE

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Page 1: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

KING JAMES DRIVE

REGAL ROW

ROUND TABLE DRIVE

35E

35E

183

CARRIERDATA CENTER

DALLASCOUNTY

DALLASMEDICAL DISTRICT

DALLASDESIGN DISTRICT

UPTOWNTRINITY RIVER

CBD

www.streamrealty.com

1460 Round Table Drive, Dallas, TX 75247

1 0 4 , 4 2 7 R E N T A B L E S Q U A R E F E E T | 9 . 6 6 2 A C R E S

F O R S A L EO R L E A S E

Page 2: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

1460 Round Table Drive | Dallas, Texas | 2Stream Realty Par tners

The inventory of stand-along office buildings larger than 100,000 square feet with the

ability to park 6.0 per 1,000 rentable square feet is almost non-existent across DFW.

SINGLE-STORY, STAND-ALONE BUILDINGWITH SECURED PARKING AND EXCESS LAND

• Rare opportunity to acquire nearly 10-acre site in land constrained market

• Estimated replacement cost in excess of $225 per square foot

• Infill and strategic location along Interstate 35 (I-35)

• Proximity to Dallas Love Field Airport, Design District, Uptown Dallas, Medical District and Affluent Neighborhoods

• Highly functional asset with excess land and secured parking, 5000 amps of power, back-up generator

and substantial HVAC equipment.

Secured Parking3.89/1,000 (existing)7.00/1,000 (expandable)

9.662 Acres104,427 Rentable Square Feet

Construction:Erected steel columns and beams on top of a reinforced concrete slab supported by drilled shaft reinforced concrete piers

Exterior:Brick veneer with insulated windows and doors set in aluminum frames

Roof:1994 – low-slope, built-up (BUR) asphaltic system with gravel surface installed over metal decking

HVAC:(7) chilled water AHUs(2) 15-ton roof top units (2) 140-ton air cooled chillersFuture pad and infrastructure available for additional 140-ton chiller

Electrical:5000-amp, 480-volt, 3-phase, 4-wire

Lighting:2x4 parabolic fixtures, T8 lamp

Life Safety:100% sprinklered – wet-pipe automatic fire suppression sprinkler system, fire alarm panel, audible/visible strobes, emergency lighted exit signs and wall-mounted fire extinguishers

Generator:(1) 750 KVA emergency backup generator

Zoning:IR - Industrial Research District

Building Features:

Page 3: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

1460 Round Table Drive | Dallas, Texas | 3Stream Realty Par tners

ROUND TABLE DRIVE KING JAMES DRIVE

REGAL ROW

35E

35E

183

CARRIERDATA CENTER

DALLASCOUNTY

1460 RoundTable Drive

DALLASMEDICAL DISTRICT

DALLASDESIGN DISTRICT

UPTOWNTRINITY RIVER

Future 20-Acre $95 MillionSalvation Army Campus

CBD

SURROUNDING AREA

Page 4: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

1460 Round Table Drive | Dallas, Texas | 4Stream Realty Par tners

ROUND TABLE DRIVE

KIN

G JA

ME

S DR

IVE

1460 ROUNDTABLE DRIVE

Not Included

Excess Land for Building or Parking Expansion

SecuredParking

Entrance

SecuredParking

Entrance

SITE PLAN & FLOOR PLAN

Excess Land Provides Tremendous Value

in a Substantially Land Constrained Submarket.

1E

XISTIN

G FLO

OR

PLA

N

COVERED DRIVE & BUILDING ENTRANCE

Raised Floor

LOADING DOCK

WAREHOUSE

Restrooms

Page 5: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

1460 Round Table Drive | Dallas, Texas | 5Stream Realty Par tners

MARKET OVERVIEW - LAND, OFFICE, AND INDUSTRIAL

South Stemmons IndustrialSouth Stemmons ended the fourth quarter of 2018 with a 3.70 percent vacancy rate. The submarket experienced solid

activity across all product types, but the constrained supply of functional industrial product continued to drive up lease

rates and sale prices. At 3.70 percent, this submarket is substantially lower than the overall D/FW industrial vacancy rate of 6.40 percent.

Competitive Office InventoryWithin the Dallas-Fort Worth market, there are approximately 6 projects with available space located east

of the DFW International Airport that meet that following criteria:

Single-storyoffice At least 75,000 square feet At Least 6 per 1,000 parking

Within this subset, only 3 projects offer vacant available space and only 2 are located in the City of Dallas.No Available Land in the Stemmons CorridorThere are significant barriers to entry when

considering developing new, competitive product

in the Stemmons Corridor. In addition to soaring

construction and development costs, the infill

nature of the submarket makes developable land for

competing properties virtually non-existent.

The proximity of the Stemmons Corridor to many of

Dallas’ population nodes makes it an attractive option

for tenants seeking access to one of the most affluent

and dynamic urban areas in the southwest United

States. The submarket is largely built out – there are

no available land sites greater than 7 acres.

The largest remaining vacant tract of land is TRT

Holdings’ 26-acre site along I-35. This site is

currently unavailable.

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

02010

HISTORICAL VACANCY ANALYSIS

2011 2012 2013 2014 2015 2016 2017 2018

$7.00

$6.00

$5.00

$4.00

$3.00

$2.00

$1.00

$0.002010

HISTORICAL QUOTED NNN RENTAL RATE

2011 2012 2013 2014 2015 2016 2017 2018

SOUTH STEMMONSCORRIDOR

635

35E

30

35E

45

20

30

175

80

12

75121

121

360

114

183

Inventory is at a historic low

across all product types and

shows no sign of letting up.

Page 6: FOR SALE OR LEASE - images1.loopnet.com · DALLAS COUNTY DALLAS MEDICAL DISTRICT DALLAS DESIGN DISTRICT UPTOWN TRINITY RIVER CBD 1460 Round Table Drive, Dallas, TX 75247 ... emergency

1460 Round Table Drive | Dallas, Texas | 6Stream Realty Par tners

N W

ESTM

OR

ELA

ND

RD

IRVING BLVD

INW

OO

D R

D

CANADA DR

HARRY HINES BLVD

W NORTHWEST HWY

LOVERS LN

MOCKINGBIRD LN

PRESTON

RD

LEMMON AVE

OAK

LAW

N DR

TURTLE CREEK DR

LEMMON AVE

SYLV

AN

AV

E

GREENVILLE AVESKILLM

AN ST

ABRAMS RD

WY

CLI

FF A

VE

35E

35E

35E

75

75

183

482

12

366

TRINITY RIVER

BLUFFVIEW

DEVONSHIRE

PARK CITIES

DALLASDESIGN DISTRICT

DALLASMEDICAL DISTRICT

UPTOWN

ARTSDISTRICT

DOWNTOWNDALLAS

1460 RoundTable Drive

SOUTH STEMMONS CORRIDOR

JAMIE JENNINGS

214.267.0452

[email protected]

JASON MOSER

214.267.0451

[email protected]

ANDREW RABINOVICH

214.560.5111

[email protected]

For More Information:

www.streamrealty.com