Bent Tree Plaza - Sale

For Sale

16610, 16660 Dallas Parkway & 4950 Westgrove Dr, Dallas, TEXAS 75248

This Dallas property for sale is located at 16610, 16660 Dallas Parkway & 4950 Westgrove Dr. Contact the listing broker for details on the current sale price for Bent Tree Plaza - Sale.

Contacts

broker
Tom Strohbehn

Younger Partners

broker
Scot Farber

Younger Partners

Property Details

  • Property Type Office
  • Date Updated Mar 26, 2025
Younger Partners has been exclusively retained to offer qualified buyers the opportunity to acquire Bent Tree Plaza (“Property”). Located along the thriving North Dallas Tollway, the Property is comprised of over 82,000 square feet of professional office / medical space. Anchored by an established roster of long term tenants, the diverse rent roll provides established income in a high profile location. The desirable mix of small suites appeals to the broadest segment of the submarket’s tenancy and represents a compelling value creation opportunity. Offered for sale free and clear as a fee simple acquisition, the Property was built between 1979 and 1983 and most recently renovated in 2023.

Offered at a significant discount to replacement cost, Bent Tree Plaza offers investors a bite-sized entry into a premier submarket of Dallas and the opportunity to execute a value-add lift on a noteworthy parcel of land. The one and two-story designs have shallow bay depths that are ideal for small tenant suites that appeal to the decision makers that populate the surrounding neighborhoods.

Operated with an institutional mindset, the building has undergone more than $600,000 in recent updates to address mechanical and cosmetic needs. As a result, potential buyers will be able to focus their efforts on leasing rather than deferred maintenance issues. Average lease rates at Bent Tree Plaza are more than $11/sf less than the Far North Dallas submarket average ($31.25/sf - Q4 2025). This results in a strong market position within the competitive set for potential buyers to create value at an attractively low basis.
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Highlights

  • Sizeable value-add upside through small tenant leasing in a bustling submarket that is complimented by mark-to-market renewals.
  • NNN leasing opportunities abound as buildings within the competitive set have started transitioning their leasing platforms.
  • A variety of vacancy options creates opportunity for new leasing and possible owner-occupants that want to control their real estate needs.
  • Attractive designs with versatile layouts, recent renovations and access to impressive array of area amenities.
  • Proximate to some of DFWs most desired neighborhood demographics, the area around the Property is home to local office decision makers. As a result, the buildings are positioned to continue attracting small and midsized tenants that call the Bent Tree area home.

Getting around

  • 33/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 47/100

    Bike Score ®

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Location

  • City Dallas, Texas
  • Neighborhood The Lakes of Bent Tree
  • Zip Code 75248
  • Market Dallas Fort Worth
In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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