2260 Highland Village RdHighland Village, TX 75077

Property Details for 2260 Highland Village Rd

Year built

2016

Lot size

2.35 AC

Property size (Sq ft)

5,772 SF

Property type

Commercial real estate

APN

R693863

APU

R693863

Description

This exceptional investment opportunity presents a 5,745 square foot, four-tenant office building located at 2260 Highland Village Road in Highland Village, Texas, 75077. Boasting a 100% occupancy rate with NNN leases, this property offers a compelling 6.60% cap rate. Built in 2016 and 2017 (with renovations in 2021), the building sits on a 2.346-acre lot and provides ample parking with 53 spaces (9.2 spaces per 1,000 square feet). The property benefits from a prime location, easily accessible via FM 407, I-35E, and FM 2499, and is surrounded by other professional and medical office tenants, ensuring a strong tenant base and high visibility. The building features a mix of general office suites, and operating expenses are $7.94 per square foot annually. This is a turnkey investment opportunity with a strong tenant roster and excellent location in a thriving area with abundant retail and restaurant options nearby. The building's modern design and recent renovations ensure long-term value and appeal to tenants. This property is ideal for investors seeking a stable, high-performing asset in a desirable Texas market.

• Alternative Use

  Use

  Valuation

  Residential

  $1,208,891

  Hospitality

  $1,107,338

  Educational

  $921,292

  Medical

  $952,977

  Retail

  $1,433,121

Location Insight

City

Highland Village

County

Denton

State

Texas

Latitude

33.0741

Longitude

-97.0595

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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