Retained on an exclusive basis, Jones Lang LaSalle Americas, Inc. (JLL) is pleased to offer qualified investors and occupiers the opportunity to acquire 6001 West Campus Circle, a 113,406 square foot R&D Flex building located in Irving, Texas. The property stands to benefit from its strategic location adjacent to the Dallas Fort Worth International Airport, now heralded as the busiest airport in the world. Situated right off the intersection of President George Bush Turnpike (SH-161) and John West Carpenter Freeway (SH-114), 6001 West Campus Circle is positioned to take full advantage of its accessible location and access to competitive labor pools.
The property’s uniquely powered infrastructure offers data center applications; owner occupiers can acquire a corporate quality building with existing data center capacity and establish a significant presence in a top tier market. 100% vacant, 6001 West Campus Circle can also offer investors the opportunity to lease up vacancy at market rental rates or reposition the asset at a discount to replacement cost.
THE DALLAS FORT WORTH INTERNATIONAL AIRPORT
- The Property benefits from its proximity to the Dallas Fort Worth International airport; 6001 West Campus Circle is 8 minutes away from the busiest airport in the world that now features the most operated flights and passenger count for the month of May 2020.
BEST IN CLASS SUBMARKET
- Rent growth has remained robust, trending above 4% in recent quarters.
- Over the last 5 years, the submarket has averaged an astounding occupancy rate of 94% and absorbed 11.5 million-square feet.
VALUE ENHANCEMENT OPPORTUNITY
- Immediate upside available through lease up at market rental rates with upwards of 140 tenants having signed leases for 100,000 SF or more since 2010, making it one of the most active industrial submarkets in the metroplex.
- Value-oriented repositioning of mezzanine space offers greater user functionality and efficiency.
UNIQUELY POWERED DATA CENTER SHELL
- The Property features 8.5 mW of on-site power and is expandable up to 18.5 mW with approximately 15 carriers and additional data center equipment that can be utilized.
RESILIENT DALLAS FORT WORTH ECONOMY
- DFW’s diverse economy and consistent job growth have proved to be valuable characteristics in times of financial crises; DFW added more than 1 million jobs since the Great Recession – or an increase of 35% in the region’s job base.