SINGLE TENANT GOVT OFFICE – GARLAND, TX 5250 President George Bush hwy 25,638 SF 4-Star Office Building Garland, TX 75040 $30,223,920 CAD ($1,178.87 CAD/SF) 7% Cap Rate

INVESTMENT HIGHLIGHTS

  • Dallas, Texas Metro Location - Garland
  • INVESTMENT GRADE TENANT: State of Texas (Fitch AA+ Stable)
  • 10-Year Lease with annual increases
  • Relocation of the Regional Super Center DMV
  • 2025 Construction - Build to Suit for the State of Texas
  • Strong Retail Location off of Tollway (SH190 & Garland Ave)

EXECUTIVE SUMMARY

Introducing an exclusive opportunity in Garland, Texas - the Single Tenant Government Office Building. This single-tenant government office building, located at 5250 North President George Bush Hwy, is currently under construction, with the relocation of the Texas Department of Public Safety (DPS)* Driver License Center. Positioned just north of Garland and east of PGBT, this property boasts high visibility with a traffic count of 112,528 CPD. Situated on approximately 6.915 acres, this site will encompass a ±25,638 SF building upon completion. Strategically located near major highways and in a high-traffic area, this building presents an excellent opportunity for investors seeking a stable government tenant. With strong rental increases of 25% annually linked to CPI, this property holds immense potential for growth and profitability.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Office/Residential
Building Size
25,638 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$30,223,920 CAD
Price Per SF
$1,178.87 CAD
Cap Rate
7%
NOI
$2,115,705 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
25,638 SF
Building FAR
0.09
Lot Size
6.92 AC
Zoning
C - Commercial

AMENITIES

  • Signage

PROPERTY TAXES

  • Listing ID: 35254218

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 5250 President George Bush hwy, Garland, TX 75040