12400 Coit RdDallas, TX 75243

  • Parking lots & garages
  • 320,590 SF
For Lease
$31/SF/YR View listing

Property Details for 12400 Coit Rd

Year built
1999
Construction
FRAME
Lot size
2.66 AC
Property size (Sq ft)
320,590 SF
Zone code
Z151
Property type
Parking lots & garages
APN
007752000A0080000
APU
007752000A0080000

Description

Churchill Tower presents a unique opportunity to lease in a prestigious Class A office building in Dallas County. This twelve-story, 277,187 square foot building, constructed in 2000, boasts a striking modern design. The impressive four-story atrium, finished with natural stone flooring and rich wood paneling in the lobbies, creates an unparalleled atmosphere. Available spaces range from 1,446 to 14,554 square feet, catering to a variety of business needs. Tenants enjoy a comprehensive suite of amenities, including a deli/sundry shop, fitness center, a new tenant conference center, and a print shop. Security is paramount with 24/7 on-site security and a state-of-the-art security system. Parking is exceptionally convenient, with 100% garage parking for tenants and visitors, encompassing a seven-level structured garage and a two-level secured executive garage. The building's commitment to efficiency is evident in its Energy Star awards received in 2012, 2013, 2014, 2015, and 2016, reflecting its commitment to sustainability. Additional features include fiber optics redundancy and on-site tenant storage. This property offers a sophisticated and functional workspace in a prime Dallas location. Contact us today to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $90,893,232
    6.5%
    $83,901,448
    7%
    $77,908,488
  • Comparable approach

    Method
    Valuation
    Relative Method
    $108,044,752
    Geo Method
    $97,204,936
  • Alternative Use

    Use
    Valuation
    Residential
    $70,774,008
    Hospitality
    $64,828,612
    Educational
    $53,936,644
    Medical
    $55,791,608
    Retail
    $83,901,448

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.9172
Longitude
-96.7687
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$848,416
$3,470,850
$31,529,150
$35,000,000
-
$3,470,850
$31,529,150
$35,000,000

FAQs

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