4300 Macarthur AveDallas, TX 75209

For Lease
$33/SF/YR View listing
  • Office buildings
  • 57,426 SF

Property Details for 4300 Macarthur Ave

Year built
1981
Construction
TILT-UP CONCRETE
Lot size
2.02 AC
Property size (Sq ft)
57,426 SF
Zone code
Z236
Property type
Office buildings
APN
60086801660010000
APU
60086801660010000

Description

Highland Park West, a Class A, two-story executive office building in Dallas, Texas, offers 51,847 square feet of premium office space. Currently, 2,212 square feet are available for lease in this meticulously maintained boutique building situated on a 2.02-acre lot at 4300 MacArthur Ave, Dallas, TX 75209. The building features a multiple tenancy structure, providing a diverse and vibrant work environment. Enjoy a convenient 3:1,000 parking ratio, ensuring ample parking for tenants and visitors. Its prime location in Dallas County provides superior access to both the northbound and southbound entrances and exits of the Dallas North Tollway, placing tenants within minutes of numerous amenities, including a variety of restaurants, Whole Foods Market, Love Field Airport, and downtown Dallas. New leases are eligible for attractive tenant improvement allowances and additional capital improvements, making this an exceptional opportunity for businesses seeking a prestigious and well-appointed office space. The building's traditional architectural style complements its modern amenities, creating a sophisticated and productive work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,828,820
    6.5%
    $8,149,680
    7%
    $7,567,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,764,541
    Geo Method
    $15,119,468
  • Alternative Use

    Use
    Valuation
    Residential
    $10,105,603
    Hospitality
    $9,256,678
    Educational
    $7,701,448
    Medical
    $7,966,312
    Retail
    $11,980,030
4300 Macarthur Ave, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8229
Longitude
-96.817
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
2024
$93,874
$2,864,230
$2,410,770
$5,275,000
-
$2,864,230
$2,410,770
$5,275,000

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