Overview

Description

Colliers is pleased to exclusively offer to qualified investors the opportunity to purchase One Hickory Centre. Built in 1999, of high-quality construction with timeless architecture and institutionally maintained, the building continues to outperform projections. The 85,581 SF, four-story, Class A office building is located in the amenity rich corridor of Las Colinas submarket Farmers Branch, Texas.

Currently 100% occupied, with strong historical occupancy, One Hickory offers investors stabilized in-place cash flow and value-add opportunities through increasing rents, converting all leases to a true NNN lease structure, and mark-to-market opportunities as leases expire

One Hickory Centre is a premier office destination offering best in class amenities, including electronically controlled after-hours access, superior exterior security lighting, fully automatic fire protection system, high-speed passenger elevators with custom cabs and 10-foot ceilings, beautifully appointed lobby and common areas, and a sophisticated energy plan and management system in place provides efficient operating costs. The 6-acre site sits adjacent to the amenity rich Valley View Lane providing many different restaurant and retail options within 5 miles.

Highlights

• 100% Leased With Upside in Additional NNN Conversion
• Institutional Quality Asset
• Abundant Parking with Covered Spaces
• Strong Historical Occupancy with Predictable Cash Flow
• High Growth Submarket With Numerous New Developments

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