8501 & 8701 Peterbilt Avenue

Location

Map
Street

City Dallas, TX
Neighborhood Singing Hills
Zip Code 75241
Market Dallas Fort Worth

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 17 Dec, 1993
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Dallas

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Dallas Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $30.36
2020 Office Vacancy Rate 20.68%
2020 Office Completions (SF) 177,378

Dallas Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $173.13
Y-o-Y Avg. PpSF Change -35.73%
2020 Office Sales Volume $868.4M
2020 Number of Transactions 16

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Tax

Property Tax in 2020 $147,886
Market Value* $5,471,440
Assessed Value $5,471,440

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 8501 & 8701 Peterbilt Avenue?

8501 & 8701 Peterbilt Avenue totals 99,623 square feet.

When was this property built?

8501 & 8701 Peterbilt Avenue was built in 1988.

When was 8501 & 8701 Peterbilt Avenue last sold?

8501 & 8701 Peterbilt Avenue was last sold on 17 Dec, 1993.

What is the property tax for 8501 & 8701 Peterbilt Avenue?

The property tax for 8501 & 8701 Peterbilt Avenue in 2020 was $147,886.

What is the market value for 8501 & 8701 Peterbilt Avenue?

The market value* for 8501 & 8701 Peterbilt Avenue in 2020 was $5,471,440.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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