Texas / Dallas / 75237 / 5510 and 5520 South Westmoreland Road

5510 and 5520 South Westmoreland Road

Q: What is the asking price for 5510 and 5520 South Westmoreland Road in Dallas?

The asking price for 5510 and 5520 South Westmoreland Road is $13,500,000

Q: What is the building size of this Industrial property in Dallas, TX?

The size of the building/unit at 5510 and 5520 South Westmoreland Road in Dallas is 85,033 square feet.

Q: How much land does the Dallas, TX property at 5510 and 5520 South Westmoreland Road include?

5510 and 5520 South Westmoreland Road in Dallas includes 5.930 acres of land.

Q: What kind of Industrial is the propery at 5510 and 5520 South Westmoreland Road?

The property at 5510 and 5520 South Westmoreland Road Dallas, TX 75237 is listed as a Flex-Office-Warehouse Industrial property.

Q: What is the population within 1 mile of 5510 and 5520 South Westmoreland Road?

The population within 1 mile of 5510 and 5520 South Westmoreland Road Dallas, TX 75237 is 6,835 people.

Q: Who do I contact for questions about 5510 and 5520 South Westmoreland Road?

You should contact the listing agent, Todd Moore, for any details regarding this commercial listing.

Dallas, TX 75237

No Longer Listed

5510 and 5520 South Westmoreland Road | for Sale | Thumbnail 1

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Price

$ /mo

Property Highlights

Mission Critical Location: Building 2 serves as American Airlines’ backup command center

Strong Real Estate Fundamentals: The subject property has average in-place rents well below the submarket

Strategic Location: Excellent access to all major thoroughfares

100% occupancy with weighted average lease term close to 5 years

Strong Submarket: Historically Redbird Airport Submarket’s rent growth (11.7% YOY) has been trend

Dallas Executive Airport: Adjacent to Dallas Executive Airport

Abundant Parking: The property features 370 parking spaces and a ratio of 4.35/1,000 SF

Description

Colliers is pleased to exclusively offer for sale to qualified investors the opportunity to acquire 100% fee simple interest in Westmoreland Business Center in Dallas, TX.
The site consists of 2 light industrial buildings, totaling ±85,033 SF and situated on ±5.93 acres.
The property is located in the Redbird Airport submarket, approximately 10 miles southwest of Dallas CBD.
RCM1 Link: https://my.rcm1.com/handler/modern.aspx?pv=rjybWWmiG4t0XWKCr1309PKfwpHgRm2NjaJbNT1A9CDg8zLrisrN1zolWdnSVGWwsmYOsZ1DI1soufWkXIKAuA

Attachments & Files

1121669westmorelandbusinesscenterflyer-1-WhE-LRh.pdf

Listing Demographics for 5510 and 5520 South Westmoreland Road Dallas, TX 75237

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,835	104,287	286,256
Population Median Age		29	35	35
Population by Age	0-9 Yrs	1578 (23%)	17374 (16%)	44402 (15%)
	10-19 Yrs	851 (12%)	15724 (15%)	46776 (16%)
	20-29 Yrs	1301 (19%)	14390 (13%)	40881 (14%)
	30-39 Yrs	1189 (17%)	14615 (14%)	37973 (13%)
	40-49 Yrs	648 (9%)	11497 (11%)	32665 (11%)
	50-59 Yrs	694 (10%)	11964 (11%)	33085 (11%)
	60-69 Yrs	361 (5%)	9702 (9%)	26856 (9%)
	70+ Yrs	212 (3%)	9020 (8%)	23618 (8%)

Median HH Income		$35,723	$41,805	$45,460
Total Household Income	< 24K	884 (32%)	10516 (28%)	23591 (25%)
	25-49K	1089 (40%)	10995 (30%)	27521 (29%)
	50-74K	365 (13%)	6448 (17%)	17754 (18%)
	75-99K	156 (5%)	3769 (10%)	9860 (10%)
	100-199K	220 (8%)	4149 (11%)	12974 (13%)
	200K+	3 (0%)	681 (1%)	2167 (2%)

Highest Education Level	No Diploma	757	14628	48033
	Diploma or GED	1147	19005	51827
	Some College	1259	16020	36848
	Assoc. Degree	273	3354	8515
	Bachelors Degree	239	6786	18812
	Higher Degree	172	4090	10293

Total Housing Units		2,937	39,398	100,391
--Owner-Occupied		603	16,225	49,063
--Renter-Occupied		2,114	20,333	44,804
Owner-Occupied Values	< 100K	93	2906	13397
	100-199K	370	9870	23460
	200-299K	108	2579	8128
	300-399K	18	419	2499
	400-499K	2	258	859
	500K+	11	193	719

Total Working Age Population		4,708	77,570	213,350
In Work Force		3,425	48,267	130,952
Not In Work Force		1,282	29,303	82,398
Workforce Employed		3,150	44,526	121,629
Workforce Unemployed		276	3,674	9,193
Civlian Workforce		3,425	48,199	130,822
Military Workforce		0	68	130

Total Households		2,717	36,558	93,867
Family Households		1,536	23,799	64,885
Non-Family Households		1,181	12,759	28,982
Married Couple		604	11,248	35,883
Other Family		932	12,551	29,002
Married w/Child		333	4,420	14,194
Single Male w/Child		72	1,264	2,860
Single Female w/Child		543	5,666	12,100

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Dallas County	2,218,899	+7	2,368,139	+15	2,734,111	+14	3,106,298

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 5510 and 5520 South Westmoreland Road in Dallas?

The asking price for 5510 and 5520 South Westmoreland Road is $13,500,000

What is the building size of this Industrial property in Dallas, TX?

The size of the building/unit at 5510 and 5520 South Westmoreland Road in Dallas is 85,033 square feet

How much land does the Dallas, TX property at 5510 and 5520 South Westmoreland Road include?

5510 and 5520 South Westmoreland Road in Dallas includes 5.930 acres of land

What kind of Industrial is the propery at 5510 and 5520 South Westmoreland Road?

The property at 5510 and 5520 South Westmoreland Road Dallas, TX 75237 is listed as a Flex-Office-Warehouse Industrial property

What is the population within 1 mile of 5510 and 5520 South Westmoreland Road in Dallas?

The population within 1 mile of 5510 and 5520 South Westmoreland Road Dallas, TX 75237 is 6,835 people.

Who do I contact for questions about 5510 and 5520 South Westmoreland Road?

You should contact the listing agent, Todd Moore, for any details regarding this commercial listing.

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