Parkway North-Sale

16800 N Dallas Parkway, Dallas, TEXAS 75248

Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire Parkway North (“Property”). Located along the thriving North Dallas Tollway, the Property is comprised of almost 70,000 square feet of professional office / medical space. Anchored by an established roster of long term tenants, the diverse rent roll provides established income in a high profile location. A desirable mix of small suites appeals to the broadest segment of the submarket’s tenancy and represents a compelling value creation opportunity. Offered for sale free and clear as a fee simple acquisition, the Property was built in 1979 and most recently renovated in 2023.

Offered at a significant discount to replacement cost, Bent Tree Plaza offers investors a bite-sized entry into a premier submarket of Dallas and the opportunity to execute a value-add lift on a noteworthy parcel of land. The one and two-story designs have shallow bay depths that are ideal for small tenant suites that appeal to the decision makers that populate the surrounding neighborhoods.

Operated with an institutional mindset, the building has undergone nearly $700,000 in recent updates to address mechanical and cosmetic needs. As a result, potential buyers will be able to focus their efforts on leasing rather than deferred maintenance issues. Average lease rates at Parkway North are at least $12/sf less than the Far North Dallas submarket average ($31.25/sf - Q4 2025). This results in a strong market position within the competitive set for potential buyers to create value at an attractively low basis.
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Highlights

  • Sizeable value-add upside through small tenant leasing in a bustling submarket that is complimented by mark-to-market renewals.
  • NNN leasing opportunities abound as buildings within the competitive set have started transitioning their leasing platforms.
  • A variety of vacancy options creates opportunity for new leasing and possible owner-occupants that want to control their real estate needs.
  • Attractive designs with versatile layouts, recent renovations and access to impressive array of area amenities.
  • Proximate to some of DFWs most desired neighborhood demographics, the area around the Property is home to local office decision makers. As a result, the building is positioned to continue attracting small and mid-sized tenants that call the Bent Tree area home.

Contacts

broker

Younger Partners

broker

Younger Partners

Location

Getting Around

  • Walk Score ®

    40/100 Car-Dependent
  • Transit Score ®

    32/100 Some Transit
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dallas, Texas
  • Neighborhood Bent Tree Village
  • Zip Code 75248
  • Market Dallas Fort Worth

Frequently Asked Questions

How much does Parkway North-Sale cost?

The sale price for Parkway North-Sale is available upon request. Contact the listing broker for more information.

What is the total square footage of Parkway North-Sale?

Parkway North-Sale totals 69,736 square feet.

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