16775 Addison RdAddison, TX 75001

Property Details for 16775 Addison Rd

Year built

1981

Construction

FRAME

Lot size

4.18 AC

Property size (Sq ft)

123,452 SF

Zone code

Z236

Property type

Office buildings

APN

10001980000000000

APU

10001980000000000

Description

The Atrium at Bent Tree, located at 16775 Addison Rd in Addison, Texas (zip code 75001), offers exceptional office space for lease. This Class B building, constructed in 1986 and extensively renovated in 2021, boasts a total of 112,400 square feet across six stories. The property features a single building with four elevators, providing convenient access to all floors. Multiple tenancy options are available, with spaces ranging from a minimum of 697 square feet to a maximum contiguous space of 4,430 square feet. Currently, 4,430 square feet of space is immediately available. The building offers ample parking with a ratio of 3.7 spaces per 1000 square feet. Its convenient location in Dallas County, near the cross street of Trinity Mills, makes it easily accessible. The Atrium at Bent Tree caters to both executive and creative office needs, offering a modern and updated workspace in a desirable Addison location. The property is ideal for businesses seeking flexible and adaptable office solutions.

• CAP approach

  CAP return

  Valuation

  6%

  $24,504,792

  6.5%

  $22,619,808

  7%

  $21,004,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,680,960

  Geo Method

  $14,853,745

• Alternative Use

  Use

  Valuation

  Residential

  $28,048,560

  Hospitality

  $25,692,332

  Educational

  $21,375,718

  Medical

  $22,110,862

  Retail

  $33,251,116

Location Insight

City

Addison

County

Dallas

State

Texas

Latitude

32.9801

Longitude

-96.8314

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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