HFF, on behalf of the owner, is marketing a 38-acre, 738,198-square-foot infill business park for sale within the urban core of Dallas, Texas. Ideally positioned at the intersection of Inwood Road and Irving Boulevard along the east bank of the Trinity River, Inwood Center comprises 14 buildings which are collectively 92% leased to a diverse mix of high-quality, last-mile distribution users and showroom retailers. Inwood Center’s premier location in the Brookhollow / North Trinity submarket is highly coveted due to its exceptional access and unmatched infill position adjacent to Downtown Dallas, Uptown, the Design District and many of the top residential neighborhoods in DFW.
Inwood Center’s strong operating performance and excellent position within the market provides a reliable income stream with significant upside potential. In the near term, there is opportunity to substantially increase NOI by rolling existing leases to market rental rates. Over the longer term, Inwood Center’s flexible mixed-use zoning provides the opportunity to increase density to a total of 3.3 million square feet through vertical redevelopment. It also offers excellent long-term redevelopment potential that allows for multifamily, hospitality, office and retail uses. With a maximum height of 270 feet, current zoning gives an investor the ability to increase density at the property by 4.5 times.
For more information on this Dallas commercial real estate listing, please contact Adam Herrin or Stephen Bailey in HFF’s Dallas office or click here to view the web listing where you can download and fill out a CA form.
To view HFF’s current real estate investment listings, please click here to be directed to HFF’s property search page.
Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.