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ALPHA TOWER5757 ALPHA ROAD - DALLAS, TEXAS
VALUE ADD INVESTMENT OFFERING
Cushman & Wakefield has been exclusively retained to offer
qualified investors the opportunity to acquire Alpha Tower
(“Property”). Built in 1980 and renovated in 2016, the 10-
story, Class B office building is comprised of just over 161,000
SF, and is currently 25% leased. Offering a significant block of
contiguous space in the shadows of the Dallas Midtown rede-
velopment, Alpha Tower is the most compelling value-add in-
vestment opportunity in Dallas / Fort Worth.
ADDRESS 5757 ALPHA ROAD
SIZE (NRA) 161,737
YEAR BUILT 1980
NUMBER OF FLOORS TEN
PARKING APPROXIMATELY 4/1,000
OCCUPANCY 25%
A L P H A T O W E R • D A L L A S , T E X A S
LOCATION• Uniquely positioned to capitalize upon the region’s largest urban redevelopment (Dallas Midtown), Alpha Tower is a
compelling value add opportunity in the thriving Dallas market.
• Adjacent to Valley View Mall, Alpha Tower will directly benefit from the planned redevelopment by Beck Ventures, EF
Properties, Hillwood Urban and other developers. Valley View Mall is at the center of the planned $2.5 billion
revitalization that will encompass 17 city blocks and will include hospitality, apartments, retail, entertainment, green
space and more!
• The completed expansion of I-635 (LBJ Freeway) is the most regionally significant transportation improvement
project in Texas. Seventeen miles of freeway along I-635 and I-35E have been expanded to increase capacity. The
$2.7B project has transformed LBJ Freeway into the most sophisticated freeway in Texas.
• Easily accessible, the building is located in between Monfort Drive and Preston Road which offer a wealth of
area amenities to potential tenants.
HIGHLIGHTS• Currently 25% leased, Alpha Tower affords potential investors the opportunity to reinvent and reposition
the asset against the thriving Far North Dallas submarket and revived LBJ submarket.
• The ten story office tower is comprised of 161,000 SF of high profile Class B office space. With a number of
large block of contiguous space available, the building’s +/-16,000 SF floor plates lay out well for single and multi
tenant configurations.
• Offering a competitive parking ratio of approximately 4/1,000 the building’s surface and structured parking
could be augmented to appeal to high density office tenants.
• Significant discount to replacement cost exceeding $250 - $300/sf.
A L P H A T O W E R • D A L L A S , T E X A S
For Additional Information Please Contact:
Scot C. Farber, CCIM Tom Strohbehn, CCIMTel: 972.663.9966 Tel: 972.663.9637
[email protected] [email protected]
Cushman & Wakefield of Texas, Inc. 2021 McKinney Avenue, Suite 900Dallas, TX 75201
Enclosed with this Investment Offering Summary is a Confidentiality Agreement relating to the Property. If you are interest in receiving a full Offering Memoran-dum, please sign and return the Confidentiality Agreement to the exclusive agents listed above. The information contained herein was obtained from sources be-lieved reliable; however, Cushman & Wakefield of Texas, Inc. makes no guarantees, warranties or representations as to the completeness of accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale of lease, or withdrawal notice.
ALPHATOWER
DALLAS MIDTOWNREDEVELOPMENT
THE GALLERIA
Alpha R
oad
A L P H A T O W E R • D A L L A S , T E X A S