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2998-3010 N Stemmons Fwy
Dallas, TX 75247

Ana G. Mendez University System · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
39,018 SF
Building Class
B
Year Built/Renovated
1968/2000
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
39,018 SF
Building FAR
0.23
Lot Size
3.91 AC
Zoning
MU3, Dallas
Parking
240 Spaces (6.15 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Signage

About 2998-3010 N Stemmons Fwy , Dallas, TX 75247

INVESTMENT HIGHLIGHTS -- 10-year net lease with 6 years remaining on the primary term -- Corporate guarantee from parent company with annual rent increases providing strong hedge against inflation -- Ana G. Méndez University System has been operating for 70 years with 6 campuses across 4 states in the continental US and another 3 universities in Puerto Rico as well as an on-line university offering extended outreach -- First higher education dual language program for adults in the Nation -- With approximately 40,000 students, it is the largest private university system in Puerto Rico -- New roof put on in 2014 LOCATION HIGHLIGHTS -- Near Dallas Love Field Airport, less than 4-miles from the subject property -- Dense neighborhoods surround the property with over 356,500 residents within a 5-mile radius -- Strong employment corridor includes nearly 497,000 daytime employees within a 5-mile radius -- Property is located just off the heavily traveled Stemmons Freeway with ±147,205 vehicles per day -- Strategically selected location centrally located near downtown in order to cater to all surrounding Dallas suburbs

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 00000776545000000
  • 00000776551000100
Land Assessment
$2,903,880
Improvements Assessment
$2,076,400
Total Assessment
$4,980,280
  • Listing ID: 15085927

  • Date on Market: 2/5/2019

  • Last Updated:

  • Address: 2998-3010 N Stemmons Fwy, Dallas, TX 75247

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