Uptown Tower

Uptown Tower

4144 N CENTRAL EXPRESSWAY
Dallas, TX 75204
  • INVESTMENT SALE FOR SALE
  • Dallas
  • Building Size: 253,981
  • CONTACT FOR MORE INFORMATION
Overview

Weitzman is pleased to exclusively offer to qualified investors the opportunity to purchase Uptown Tower, an institutional-quality opportunistic office building totaling approximately 253,991 square feet located on Central Expressway (US-75) in the strongest submarket in the Southern United States, Uptown Dallas. The submarket is benefiting from strong office tenant demand from corporate relocations and expansions from North Texas such as Bank of America at 250,000 square feet, and from around the nation such as Goldman Sachs in 800,000 square feet, among many more.

Currently 54.2% occupied, Uptown Tower offers a unique opportunity in the proven Uptown submarket with in-place cash flow and upside via lease-up of vacancies and increased mark-to-market rental rates as leases roll, while benefitting from recent mechanical modernizations and capital expenditures, including a complete elevator modernization, and the creation of an interior oasis in the tower’s atrium. Uptown Tower offers exceptional accessibility at the southeast quadrant of Central Expressway and Fitzhugh Avenue.

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Demographics
YEAR 2023
TOTAL POPULATION 36,062 216,712 390,878
TOTAL HOUSEHOLDS 22,177 114,609 189,524
AVERAGE HOUSEHOLD INCOME $92,787 $88,040 $76,295
5 YEAR POPULATION GROWTH 8.21% 6.77% 5.95%
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