11520 N. Central Expressway (Parula Partners LP)

11520 N Central Expy Dallas, Texas United States 75243-6605
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


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Key Facts

Year Built 1979
Building Area
Land Area
Number of units 60973

Property Description

JLL is pleased to present a premier development opportunity in Dallas, Texas (Dallas County). This 2.85 acre shovel ready development site is located near the intersection of North Central Expressway and Forest Lane within close proximity to two major Medical Campuses, strong demographics and convenient retail.

The property is zoned Mixed Use-3 (MU-3) which will permit a variety of development types including multifamily residential, office, hotel and retail. 

Investment Highlights

• 10 miles northeast of Downtown Dallas

• Part of the White Rock Lake community

• Located within the boundaries of Northwest Hwy., Buckner Blvd. and Lake Highlands Drive

• Population of approximately 87,860 residents

• Median Household Income: $44,539

• Falls within the Richardson Independent School District, which is one of the top districts in the Metroplex

• Median home values are $266,181

Last Updated Date: 07 Sep 2020
Jonathan Carrier
Jonathan Carrier
Director, Capital Markets
Michael Swaldi
Michael Swaldi
Senior Managing Director, Capital Markets

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Last Updated Date: 07 Sep 2020

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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