6500 Harry Hines Boulevard Dallas, TX 75235

6500 Harry Hines Boulevard
Dallas, TX 75235
Dallas Medical District
Unique Site
5.31 Acres
81,000 + SF Offices
Offered Exclusively by
JacksonCooksey
For more information, contact Fred Deal
12770 Merit Drive, Ste. 760, Dallas, TX 75251
(972) 934-9757 Office | (972) 980-0490 Fax
fdeal@jacksoncooksey.com
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
EXECUTIVE SUMMARY
Property Type: Existing 2-Story Office
Building
Address: 6500 Harry Hines Boulevard
East corner @ Mockingbird Lane
Location:
Dallas Medical District
Dallas, Dallas County, Texas
Legal: Block A/5758, Part of Lot 5, Forest
Park Addition
SITE DATA
IMPROVEMENT DATA
Gross Land Area: 5.3103 (Acres)
Construction Type: Two story, single-tenant
design, reinforced concrete with concrete block
Gross Land Area: 231,317 (SF)
exterior, flat roof system with one-story attached
Zoning: “IR”, Industrial Research District
high-ceiling meeting center of concrete tilt wall
Shape: Rectangular
design with pitched roof.
Road Frontage: 352’ Frontage Harry Hines
Year Built: 1963 with 16,620 SF addition in
634’ Frontage Mockingbird
1987
634’ Treadway Street
Total Gross Building Area: 81,195 SF
Traffic: 43,000 + Cars/Day
Topography: Basically level
Utilities: All available and to site
Flood Plain: None
Parking & Driveways: Concrete
For Further Information:
First Floor:
Second Floor:
Basement:
Chapel:
22,530 SF
27,045 SF
15,000 SF
16,620 SF
Land to Building Ratio: 3.49:1
Parking: Concrete for 150+ cars
Fred H. Deal
Jackson & Cooksey, Inc.
972.934.9757
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
6500 Harry Hines
Salvation Army Dallas Headquarters
Introduction
The Salvation Army has decided to sell and
relocate their Dallas HQ after many years of
dedicated use. This office building has been
exceptionally maintained and continuously
improved over the years.
Site Description
The 5.3103 Acres is highly visible from
Mockingbird Lane and occupies a high point
in the area. It is
roughly
rectangular
in
shape with over
633 feet of
frontage
on
Mockingbird
Lane and 366 +
feet frontage on
Harry Hines. It
is accessed via 2
curb cuts on
Mockingbird
and off Harry Hines on Treadway Street to
the south. Parking is provided for over 150
cars.
It’s IR zoning allows a large number of
flexible uses including office, residential, retail
and medical. All municipal services are
provided to the site.
Other available land sites in this submarket
are extremely limited. Virtually everything
southeast is owned by UT Southwest Medical
or Parkland Hospital.
Land availabilities are priced at $40.00/SF to
$75.00/SF.
Currently, development is
extremely active with numerous multi-family
projects and other mixed uses announced or
pending.
Improvements Description
The original two-story ±50,000 SF office
building is complimented by a 15,000 SF
basement. There is also a below-grade,
covered loading
dock in the
basement area
along with the
building
mechanicals.
In 1987, a chapel
was
added
increasing
the
size by 16,620
SF to its present
81,195
square
feet. The whole structure is built from
reinforced concrete with concrete block and
metal exterior. The office has a flat roof with
the chapel roof being pitched. Interior finish
is typical gypsum walls with significant
upgraded fine wood paneling.
While the building has been well maintained
and has classic office functionality, the
primary value lies in the land.
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
Area Characteristics
Dallas’ Southwestern Medical District is home
to the city’s most significant medical facilities.
The University of Texas Southwestern
Medical Center & Medical School has a 400
acre campus with one of the premier research
institutions in the nation. It features four (4)
active Nobel Laureates, more than any other
medical center in the world. Dallas’ largest
hospital, Parkland, is located here along with
Children’s Medical Center, St. Paul Hospital,
UTSW Biocenter, Zale Lipsky Hospital and
the Center for Brain Health.
Parkland Hospital is building a replacement
campus at a cost of $1.27 billion, scheduled
for completion in 2014. UT Southwestern is
replacing St. Paul Hospital at a cost of $800
million, scheduled for completion in 2014.
These are the 2 largest hospital construction
projects in the United States. Most of Dallas’
construction is occurring within the District.
In fact, 61% of jobs expected to be created in
Dallas over the next few years will be in the
Medical District. This will compliment the
5,000 businesses currently in the area
employing over 525,000.
The Stemmons Corridor is also home to
several new Dallas Area Rapid Transit System
(DART) Substations. Plans are underway to
better link the District with commuter
services.
This will include Love Field,
currently undergoing expansion, home to 500
+ flights a day and Southwest Airlines
Headquarters.
The Dallas Design District is adjacent to the
Medical Center with the Apparel Mart, World
Trade Center, Trade Mart, Market Hall,
Infomart and the International Floral and Gift
Center, combining to generate over $7.5
billion in annual wholesale transactions.
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
Legend:
UTD
Parkland
UTSW
TWU
Children’s Hospital
Salvation Army
Large Tracts
Multifamily
Available Sites
Maple/Mockingbird TIF District
Southwestern Medical TIF District
Trinity Strand Trail
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
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NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
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NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.
NO WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICES, RENTAL OR OTHER CONDITIONS.