1450 Empire Central

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Investment Overview

Marcus & Millichap is pleased to exclusively present for sale to property located at 1450 Empire Central Drive, Dallas, Texas 75247, a mixed-use redevelopment opportunity located in the West Brookhollow submarket of Dallas. The offering features a 44,712-squar-foot building and is situated on 2.73 acres, zoned MU-3 for mixed-use development, which includes a maximum buildable height of 270 feet. The subject property has been recently vacated by Southwest Airlines, with a portion of the property currently leased to Concentra Urgent Care, which expires at the end of 2025. Therefore, the offering provides tremendous flexibility, with the opportunity for a value-add investor to reposition and re-tenant the existing space, for an owner/user to operate in all or a portion of the building, or for a developer construct a new mixed-use project on the 2.73-acre site. The subject property is located minutes for Dallas Love Field Airport as well as the Medical District, and features direct access to Interstate 35-East, while being situated directly south of the prestigious Brookhollow Golf Club. This highly flexible investment opportunity is priced well-below replacement costs, making this an ideal opportunity for a new developer, investor, or owner/user to acquire a prime location within the Dallas urban core.

The Dallas-Fort Worth metroplex stands as one of the premier commercial real estate markets in the United States, experiencing rapid expansion and attracting significant investment. As a top-tier job market, the region is home to 24 Fortune 500 company headquarters, eight Fortune Global 500 headquarters, and 49 Fortune 1,000 headquarters, solidifying its position as a corporate powerhouse. DFW continues to lead in year over year job growth, having added more than 132,000 jobs in the past 12 months—a notable 3.3% annual increase.

Adding to the city's momentum, Dallas has garnered substantial attention with the recent launch of the Texas Stock Exchange, backed by prominent Wall Street investment firms such as BlackRock, Citadel Securities, and others. The influx of corporate relocations and steady job growth has fueled a surge in new residents flocking to the Metroplex, driving an increased demand for additional housing and retail developments to accommodate this booming population.