Stabilized Preston Center office offered for sale, with leasing available.
Namaste Commons is a nine-story, 192,000-square-foot office building in Preston Center, one of the most supply-constrained submarkets in Dallas. The property is 88% leased to a diverse roster of wealth-management, medical, and professional-services tenants with staggered rollover.
Ownership is offering the building for sale while continuing to lease the remaining availability. The offering presents an investor with in-place income, below-market rents, and a location that is walkable to Preston Center's shops and restaurants and minutes from Highland Park and University Park.
88% leased with staggered rollover
Below-market in-place rents with mark-to-market upside
Supply-constrained Preston Center submarket
Walk to Preston Center retail and dining
Offered free and clear of existing debt
Availability
Rates shown as quoted by the listing team
Suite 610
Floor 6
For Lease
Size7,240 SF
Rate$58.00/SF/yr Full Service
OPEXContact for pricing
AvailableNow
TI allowanceContact for pricing
Tenant—
Lease expiration—
Total concessionsFive months abated on a 76-month term.
