Offices at Noble Oaks 1121 S Carroll Ave Bureau 1 178 m² 100 % Loué À vendre Southlake, TX 76092 3 178 603 € (2 698,49 €/m²) Taux de capitalisation 6,23 %

Offered for sale is an 80% condo interest in a high end general office in Southlake. Opportunities to buy this asset class are rare due to the high-barrier-to-entry market. This property stands out with an extremely competitive asking price per square foot of below $300 / sf. This office benefits from strong market fundamentals, including an affluent business environment, proximity to the airport, hotels, restaurants, and a central location within the metroplex. The building showcases exceptional attention to detail, featuring saw cut limestone, real slate roof, real stucco, casement windows, hand-pruned trees, custom wrought iron detailing, private balconies, suites with fireplaces and beautiful hardwood floors— architectural features unlikely to be replicated in Southlake due to increasing construction prices. Its timeless exterior and adaptable interior make it a true generational asset. Non load bearing walls create the opportunity to reconfigure space to adapt to the ever changing needs of tenants. Rental demand for this building has been very strong and is expected to remain so, with creditworthy tenants who typically commit long-term and enjoy exclusive amenities, including an entire attic space not included in the rentable square footage. The building is fully stabilized with 100% occupancy. Two newly renovated suites add to its appeal, while flexible leases allow for an owner-user opportunity. Additional upside potential exists through conversion to NNN leases, rental rate adjustments, and efficiency improvements. Recent capital expenditures have further enhanced the property. This asset is an ideal opportunity for an owner-occupant seeking a premium office or an investor looking to preserve and grow their wealth in the investment bastion that is Southlake, Texas.