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For Sale or Lease - Quorum Dr 4850 Airport Pkwy

14,990 SF Office Building Addison, TX 75001 For Sale

Investment Highlights

  • Highly Desirable Location in the Heart of Addison
  • Opportunity to Occupy or Redevelop
  • Proximity to Hundreds of Businesses, Restaurants, and Offices

Executive Summary

15835 Quorum Drive, a prime office building in the heart of Addison, Texas, is located in one of the most coveted areas of the thriving North DFW community. Strategically located amidst bustling commercial districts and dynamic residential neighborhoods, this property offers an exceptional investment prospect for discerning buyers seeking to capitalize on the vibrant growth and economic vitality of the region. Surrounded by numerous businesses, restaurants, and millions of dollars of planned development, this incomparable site offers one-of-a-kind access to an established location that will only continue to grow as one of the metroplex’s most dynamic hubs.
Situated in a strategic location within Addison, walking distance to Addison Circle, this office building boast unparalleled accessibility, with convenient access to major transportation arteries and key amenities, including the new Dallas Area Rapid Transit (DART) Silver Line, which will be opening a brand-new, state-of-the-art train station at Addison Circle beginning in 2025. The property’s proximity to major highways, including the Dallas North Tollway and the LBJ Freeway, ensures seamless connectivity to Dallas, Fort Worth, and the entire DFW Metroplex, making it an ideal hub for businesses aiming to expand their footprint in this dynamic marketplace and a perfectly central location for residents to easily travel anywhere in the Metroplex.
The property offers the opportunity to purchase for investment or business use, or as a prime redevelopment opportunity in combination with the adjacent land parcel also for sale, located directly north of the building at the intersection of Airport Pkwy and Quorum Drive.

Attachments

Quorum Flyer.pdf

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
14,990 SF
Building Class
C
Year Built
1997
Tenancy
Single
Number of Floors
1
Typical Floor Size
14,990 SF
Building FAR
0.23
Land Acres
1.50 AC
Zoning
C - Commercial-1 (C-1)
Parking
78 Spaces (5.2 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10005470010010000
Land Assessment
£635,539
Improvements Assessment
£617,179
Total Assessment
£1,252,719
  • Listing ID: 31095692

  • Date on Market: 01/03/2024

  • Last Updated:

  • Address: 4850 Airport Pkwy, Addison, TX 75001

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