Description

Georgetown Office Community is a 6,446 SF office property for sale at 17768 Preston Road in Dallas, TX 75252, within the North Dallas submarket. Its size gives buyers a defined office asset with a purchase price tied to a single building.

Built in 1985 and renovated in 2023, the Property has 2 stories. The building’s 6,446 SF places the full property in view for a buyer considering its office space, rather than a suite within a larger building. It sits on 7.66 acres and carries office zoning. Together, the building and site figures let an investor or owner-user consider the office asset alongside the land it occupies, while the renovation date provides a clear point in the Property’s history. The sale is an opportunity to acquire the entire property, not merely an interest in individual office space.

The asking price is $1,199,000, or $185.98 PSF. For an investor, the $83,798 NOI and 6.99% cap rate put an income measure beside the purchase price; the stabilized cap rate is also 6.99%. Those figures give a buyer a basis for discussing the acquisition on its current investment terms without relying solely on the building’s physical size. An owner-user can approach the same offering from a different angle: a complete office property with 2 stories and 7.66 acres, priced as one acquisition. Georgetown Office Community offers a defined choice between an income-focused purchase and ownership of a North Dallas office property.