International Plaza III — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Dallas, TX 75254
  • Year built: 2002

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Description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire International Plaza III (the “Asset” or “Property”), representing a compelling investment opportunity in Dallas with several key value drivers. The 355,832 square foot institutionally owned Class AA asset benefits from a premier Lower Tollway location, offering excellent connectivity to major employment centers and amenities throughout Dallas’s most dynamic corridor. The Asset recently underwent a transformative renovation, modernizing the building to meet contemporary tenant expectations and positioning it competitively within the market. The property demonstrates strong fundamentals with 85% occupancy and a stable 5.8-year weighted average lease term. This provides immediate cash flow stability while positioning new ownership to capture significant upside with the accessible mark-to-market opportunity across the diverse rent roll. The asset’s institutional quality and strategic location appeal to both established corporate tenants and growing companies seeking best-in-class office space along the Lower Tollway. The compelling discount to the competitive set enhances the investment’s attractiveness, providing an exceptional entry point relative to comparable Class AA assets in the submarket while maintaining the building’s premium positioning and tenant appeal. The diverse rent roll provides income diversification and reduces concentration risk. Dallas continues to demonstrate strong fundamentals as a primary investment market, with consistent population and job growth supporting sustained office demand. International Plaza III’s positioning in this premier corridor, combined with its institutional pedigree, recent transformative renovation, and rental upside, presents a strategic acquisition opportunity for investors seeking quality real estate with embedded value creation potential at an attractive basis.

Market Context

This office in Dallas, TX is listed for sale. The building dates to 2002. Compare it against other office listings for sale in Dallas, TX — view the full market.

As of Q2 2026, the Dallas / Fort Worth office market showed a 25.1% vacancy rate, and average asking rents near $33.86/SF/yr. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Dallas / Fort Worth office market tightening or softening?
Vacancy is around 25.1% (Q2 2026).

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