The Texas Health & Human Services Commission has 9+ years remaining on an initial 10-year full service gross lease with annual increases 50% of CPI and five five-year options to renew. This building is 100% leased and guaranteed by The State of Texas with an S&P: AAA credit rating. The landlord is responsible for roof, structure, parking, taxes, insurance and CAM. This government office building has brand new construction.
Texas Health & Human Services Commission is located in Arlington, Texas just off the hard corner with excellent drive by visibility. Nearby retailers include: Kroger, Grand Prairie Premium Outlets (a 420,000 SF open-air shopping mall anchored by Saks Off 5th, Bloomingdale’s & Nike with 110 retail shops). This asset is located only 6 miles from AT&T Stadium – home to the Dallas Cowboys with a capacity of 100,000, 6 miles from University of Texas Arlington (30,350 students), and 5 miles from Medical City Arlington (369 beds).
*In Association with Texas Local Broker: Paul Blackburn, Blackburn Properties #376821