Overview
Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire 524 Lamar (“Property”). Located a short distance from Cowboy Stadium, Texas Live, Globe Life Field and the rest of the Arlington Entertainment District, the building offers an abundance of surrounding amenities including a host of restaurants, retail, entertainment and recently constructed multi-family. Incorporating the definition of convenience, 524 Lamar features opportune access to the Metroplex’s major thoroughfares and public transportation.
524 Lamar is comprised of over 91,000 square feet of professional office space, that is anchored by a diverse roster of tenants. 81% leased, the rent roll provides established income in a high profile location with a desirable mix of small suites that appeal to the broadest segment of the submarket’s tenancy. The majority of the remaining vacancy is in “spec” condition and should be leased with minimal further investment. The Property was built in 1982 and most recently and extensively renovated in 2024 / 2025.
Offered at a significant discount to replacement cost, 524 Lamar offers investors a bite-sized entry into the Dallas market and the opportunity to execute a lite value-add lift on a noteworthy parcel of land. The three-story design has shallow bay depths that are ideal for small tenant suites.
524 Lamar is comprised of over 91,000 square feet of professional office space, that is anchored by a diverse roster of tenants. 81% leased, the rent roll provides established income in a high profile location with a desirable mix of small suites that appeal to the broadest segment of the submarket’s tenancy. The majority of the remaining vacancy is in “spec” condition and should be leased with minimal further investment. The Property was built in 1982 and most recently and extensively renovated in 2024 / 2025.
Offered at a significant discount to replacement cost, 524 Lamar offers investors a bite-sized entry into the Dallas market and the opportunity to execute a lite value-add lift on a noteworthy parcel of land. The three-story design has shallow bay depths that are ideal for small tenant suites.
Key Facts
Immediate upside - 12,339 SF of mostly spec vacancy available for lease up.
Dynamic location amongst Arlington entertainment district.
Variety of space options and strong in-place cash flow from established tenants.
Shallow bay depths that are ideal for small tenant suites.
Extensive renovations. $1.78M invested since that start of 2015.
Outstanding access to area transportation networks and visibility from IH-30.
Long run optionality of 4.5 aces with freeway visibility and accessibility.
Benefited by Dallas/Fort Worth's status as a top U.S. marketplace with a diversified economy, nation leading population and job growth.
Discount to replacement cost of approximately $400/SF.
