Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2018
Building Area Net
Occupancy 77.0 %

Property description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire 3400 at CityLine (the “Property”), a Class A, 312,345 square foot, newly delivered office building strategically located in Richardson, Texas at CityLine. The highly amenitized Property benefits not only from a market leading on-campus amenity package, but also from its proximity to CityLine, a flourishing, mixed-use development adjacent to the Property with over 40 retail and dining options. Currently 78% leased with a weighted average lease term of 8.6 years, the Property features a diverse rent roll with 40% boasting investment grade credit. 3400 at CityLine provides investors the rare opportunity to acquire a modern, recently completed Class A asset with tremendous upside in the thriving Dallas – Fort Worth market.

Investment highlights

  • RICHARDSON’S HIGHEST QUALITY OFFICE BUILDING
  • CLASS A BUILDING FINISHES AND AMENITIES - NEW STANDARD FOR BEST-IN-CLASS DESIGN
  • FLOOR-TO-CEILING, HIGH PERFORMANCE GLASS WINDOWS
  • STATE OF THE ART BUILDING SYSTEMS DESIGNED TO IMPROVE EFFICIENCY BY 15-25%
  • DIRECT ACCESS PARKING GARAGE AND COVERED BREEZEWAY OFFERS ONE OF THE NEIGHBORHOOD'S HIGHEST PARKING RATIOS OF 4.5 PER 1,000 SF
Last Updated Date: 31 Mar 2022

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Last Updated Date: 31 Mar 2022

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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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