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Virtual Drive-By

Regions Bank NNN Multi-tenant

1425 N Dallas Ave · Lancaster, TX 75134 · Banking / Financial

Asking price
$2,700,000
Cap rate
9.00%
NOI (derived)
$243,000

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Lease

Lease typeNNN
Term remaining—
Expiration—
Rent bumps—
Options—
Ground lease—
Credit profile—
TenancyMulti

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF34,650
Price / SF$84
Year built1974
Lot size3.92 ac
TypeExecutive Office
Days on market164

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Value-add opportunity: incredible upside potential with 39% vacancy ready for strategic lease-up and property repositioning
  • ​Strategic location: highly visible along n Dallas avenue with direct access to major highways and dfw transportation corridors
  • ​Quality asset: high quality construction in rapidly growing area with strong parking ratio of 3.21 spaces per 1,000 sf
  • ​Prime amenities: abundance of dining, lodging, and entertainment options in immediate proximity supporting tenant satisfaction
  • ​34,650 sf class b office
  • ​60.9% current occupancy
  • ​9% cap rate
  • ​12% pro forma cap rate

Property overview

This offering delivers a rare opportunity to acquire a cash-flowing, multi-tenant value-add office asset in the heart of the dallas-Fort Worth metroplex, one of the fastest-growing and most economically diverse regions in the country.​ The ±34,650 sf, four-story class-b building sits on nearly four acres of land along highly visible north Dallas avenue, providing both strong current income and significant upside through lease-up and repositioning.​

With existing tenants in place and meaningful vacancy available, investors can immediately generate cash flow while executing a clear, achievable value-add business plan.​

New! 9% cap rare regions bank anchored dfw nnn office | $2.895m ($84 psf) | top performing location |  a-/a rated  | w/ near-term 12%+ upside | prime 1031 opportunity

The offering: dwg capital group is pleased to present the opportunity to acquire an attractive office investment located at 1425 n Dallas ave in lancaster, texas.​ The subject property presents a compelling opportunity for office investors seeking a value-add asset in the dynamic dallas-Fort Worth metroplex.​ This four-story, class b office building encompasses approximately 34,650 square feet and is strategically positioned to serve a diverse tenant BASE.​

The property constructed in 1974, the property offers a mix of existing tenants and available space, providing immediate income potential alongside opportunities for lease-up and repositioning.​ The building is equipped with 122 surface parking spaces, accommodating tenants and visitors alike.​ Its location along n Dallas avenue ensures high visibility and accessibility, with proximity to major thoroughfares facilitating convenient commutes throughout the region.​

The location lancaster's growing economy, characterized by light industrial manufacturing, distribution, healthcare, and education sectors, underpins strong demand for office space.​ The city's strategic location within the dfw metroplex, coupled with ongoing development initiatives, positions 1425 n Dallas avenue as a valuable asset with significant upside potential.​

Multi-tenancy the property features a diverse tenant roster spanning financial services, professional offices, healthcare, and specialty businesses.​ Regions bank serves as the anchor tenant, occupying 9,506 sf (26.7% of the building) with a long-term lease extending through June 2030 at $25.00 per sf annually.​
Investors have the opportunity to capitalize on the property's existing income stream while enhancing value through targeted improvements and strategic leasing efforts.​ With its SOLID fundamentals and favorable market dynamics, 1425 n Dallas avenue stands out as a promising addition to any office investment portfolio.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.