Westmoreland Business Center
$13,500,000
5510 & 5520 South Westmoreland Road, Dallas, TX 75237
For Sale
Industrial
Active
Last Updated: 06/24/2026
7.73
Cap Rate
1,044,084
NOI
Details:
Cap Rate: 7.73%
NOI: $1,044,084
Building Size: 85,214 sqft
Lot Area: 6.89 acres
Occupancy: 100%
Year Built: 1984
Tenancy: Multiple
Floors: 1
Highlights:
- FAA-Required, Mission-Critical Tenancy: American Airlines anchored
- Long Operating History: Two tenants with 20+ tenure
- Corporate Credit Strength: Two nationally recognized, credit-worthy tenants
- 100% Leased with Predominantly: NNN Structure Stable in-place cash flow across 3 tenants with limited landlord responsibilities
- Strategic Airport Adjacency: Directly adjacent to Dallas Executive Airport
- Premier Infill Location: Located in Dallas’ Redbird Airport submarket
- Strong Site Fundamentals: Situated on the hard corner of S. Westmoreland Rd. and Love Bird Ln
- Exceptional Connectivity: Easy access to major thoroughfares
- Dense Surroundings & Deep Labor Pool: 267,000+ residents within a 5-mile radius
- Texas Pro-Business Environment: Ranked #1 for business climate for over two decades
Description:
Executive Summary
Colliers is pleased to exclusively offer for sale 100% fee simple interest in Westmoreland Business Center, a ±85,214 SF, two-building flex/light industrial property situated on ±6.89 acres in Dallas, TX. Located in the Redbird Airport submarket approximately 10 miles southwest of the Dallas CBD, the property is 100% leased to three tenants, anchored by American Airlines.
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