Property Type: Office

Younger Partners, as exclusive advisor, is pFully Leased to present the opportunity to acquire South Ridge, a recently developed, Class A mixed use complex prominently located in affluent Heath, TX. Located on the shores of Lake Ray Hubbard, Heath is a bedroom community to nearby Dallas (25 miles) that offers a pastoral setting and a sense of being removed from the bustle of city life. Comprised of three distinct buildings, the Property defines modern mixed-use. Offering medical office, traditional office, flexible office, retail, dining and entertainment space, the project is a destination in one of Texas’ most sought after residential communities.

At 51,075 square-feet, the three-building multi-tenant property is 100% Fully Leased and offers first-class amenities and an unparalleled experience to tenants and visitors. A dining destination, Standard Service anchors the Property and offers an outdoor entertainment venue that is unlike anything you have ever seen. With high barriers to entry, South Ridge is in a league all to itself. Established development restrictions are in place to protect the lifestyle that has made Heath one of the area’s most sought after communities. As a result, future owners should benefit from a limited supply of competing property.

Fully Leased on a NNN basis, the Property’s retail and office space has an average lease rate of roughly $26/sf. The restaurant space is Fully Leased on a percentage basis and so as business thrives so does the Ownership! Forecast rental revenue for 2021 is projected at almost $1.55M.

Younger Partners, as exclusive advisor, is pleased to present the opportunity to acquire 2929 North Central Expressway, an 85,000 square foot, three-story office building in the thriving Richardson / Plano submarket. 2929 North Central Expressway offers an immediate opportunity to increase revenue through leasing of available suites and mark-to-market rental rate increases via staggered rollover, while enjoying in-place cash flow and annual contractual rental rate increases.

At 79% occupancy, the Property benefits from a diverse mix of tenant industries and steady returns as leases renew at rising market rental rates. Positioned to capture tenant demand from small and mid-size office users, the building offers modern upgrades with high-quality finishes, floor plates that allow flexible leasing configurations and easy access to outdoor spaces, parks, transportation, and new mixed-use developments.

The Richardson / Plano market has long been a desired location for tenants given its proximity to a premier workforce and residential neighborhoods, access to a strong amenity base and convenient location with immediate access to Dallas’ major thoroughfares.

Younger Partners is pleased to offer qualified investors the opportunity to purchase Brookhollow Riverside, a renovated mid-rise office asset located on high-profile State Highway 360. The prominent, eight-story office building offers established tenancy and income with stable returns to investors.

Younger Partners is pFully Leased to offer qualified investors the opportunity to purchase Crosspoint Atrium, a renovated mid-rise office asset at the high-profile interchange of IH-635 (LBJ Freeway) and US-75 (Central Expressway). The prominent, eight-story office building offers an immediate opportunity to increase revenue through leasing of available suites and mark-to-market rental rate increases via staggered rollover. At 58% occupancy, Crosspoint Atrium benefits from a diverse mix of tenant industries and in-place cash flow. With in-place rents averaging 24% below market, the building presents a rare opportunity to acquire a recently renovated office building with current cash flow and mark-to-market rents on 27% rollover in the next 36 months.

Positioned to capture tenant demand as a result of increased rates in the lower segment of the Dallas North Tollway, neighboring Central Expressway and Richardson / Plano office markets, Crosspoint Atrium offers modern upgrades with high-quality finishes, floor plates that allow flexible leasing configurations and easy access to transportation. Additionally, the property’s central location presents unsurpassed accessibility and connectivity to the Dallas/Fort Worth Metroplex and the immediate neighborhoods which provide abundant executive and work force housing.

Current ownership has invested over $1.5 Million to modernize the building and add amenities that include conference center, tenant lounge, renovated lobby, atrium, and common areas. With over 11.5 million square feet of retail in a 3-mile radius, the Property’s location enables users to access an assortment of retail from the Galleria, Preston & Forest, and Preston & Royal intersections. Boasting 280,000 vehicles per day, the LBJ Freeway is the center thoroughfare of the Metroplex and provides easy access to Love Field, Addison Airport and DFW International Airport. The LBJ office market has long been a desired location for tenants given its position along the regions primary East-West throughfare. With the Dallas metropolitan area ranked #1 by Kastle Systems “Back to Work” metrics, Crosspoint Atrium is poised to outpace the competition!

Younger Partners, as exclusive advisor, is pleased to present Airport Plaza, a compelling value-add investment in the thriving Las Colinas submarket of Dallas, TX. Currently 54% leased, Airport Plaza was formerly the corporate headquarters of CEC Entertainment.  Fully renovated for multi-tenant occupancy, the Property offers abundant natural light and shallow bay depths that are ideal for small tenants.  Accessible via two of the region’s freeway systems (US-183 & SH-161), the three story office building provides an incredible value-add opportunity in one of the area’s strongest office submarkets.
 
The Property is being sold via the Ten-X Auction Platform.

Online Bidding Starts June 1, 2021 and ends June 3, 2021.  The starting bid is $1,500,000 ($19.61/sf).
Bid Online

Younger Partners has been exclusively retained to offer qualified investors the opportunity to acquire the fee-simple interest in the Oil & Gas / Star-Telegram Building. A stunning example of art deco and gothic design, the two-tower complex is located in the thriving Fort Worth CBD adjacent to the renowned Sundance Square. Comprised of roughly 440,000 square feet, the Property presents a compelling combination of stabilized office space and the value-add opportunity to alter an existing use and reposition one of the buildings to mixed use by including multifamily or hospitality.

The Oil & Gas / Star – Telegram Buildings present investors the opportunity to acquire two historic buildings in one of the region’s most closely held real estate markets. The Fort Worth CBD is a thriving community with an unsurpassed “Live, Work, Play” environment. The Property offers investors a unique chance to expand current holdings or get a foothold in the dynamic downtown Fort Worth market.

Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire 208 N Market Street (the “Property”).  208 N Market is a six-story modernized historical building at the heart of Dallas’ famed West End.  Originally built in 1900, the building’s architecture and design lend themselves to creative office space in a walkable urban environment.  Authentic and honest, the building’s exposed brick, open plenum ceilings, original hard-wood floors and polished concrete provide a first class environment for tenants and visitors.  Complimenting the building’s historic attributes, the current ownership has made extensive renovations to improve and update the building’s operating systems including: Roof, common areas, electrical, telecommunications, plumbing and HVAC.  Currently 57% leased, the building combines office and restaurant / entertainment space and affords potential investors the chance to enter the West End micro-market with an enticing value-add investment.  More than 80% of the building’s occupancy is secured through 2026 giving potential buyers a solid foundation to create value.