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1000 E Belt Line Rd - For Sale

$2,675,000

1000 E Belt Line Rd, Carrollton, TX 75006

Active
Last Updated: 11/03/2022

18,000 sqft

Building Size

 
Details:
Building Size:    18,000 sqft
Highlights:
  • Owner Occupant Opportunity.
  • Versatile Finish Out For Small and Mid Size Occupants. Current Occupancy and Rental Income.
  • Adjacent to Mass Transit.
  • Walkable Live / Work / Play Environment.
  • Beneficial Zoning Classification (Urban Core). Significant Discount to Replacement Costs.
  • Premier Location in Historic Downtown Carrollton.
Description:

Younger Partners as exclusive advisor, is pleased to present an outstand- ing opportunity to acquire the 100% fee-simple interest in 1000 East Belt Line (“Property”). Originally built in 1986, the two story office building is located in Downtown Carrollton adjacent to the Downtown Carrollton DART station, a variety of new multifamily developments and the amenity rich Historic Downtown Carrollton. Currently owner- occupied, the building is suited to small and mid size office tenants that want the ben-efits of the area’s walkable live / work / play atmosphere.

Currently 85% leased to a diverse tenancy, the Property appeals to a va- riety of potential suitors. An ideal size for an owner occupant, the build- ing could allow a small company to take control of their long term real estate needs. Additionally, the building is well suited to a small investor looking to reposition an asset in a revitalized area and invest new capital to grow the existing income. Finally, the long term appreciation of the area and possible redevelopment of the site to improved density, should appeal to developers wanting to capitalize on the mass transit / walkable atmosphere.

Available at a staggering discount to replacement cost, the Property of- fers a generational opportunity to own a corner in the midst of a ren- aissance.

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