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Lucid Motors
Dallas, TX Design District

$16,684,000 USD

Office For Sale  •  39,462 SF

2 Properties View all

Property Details

• Property Type Office
• Cap Rate 6.75 %

50 Transit Score

70 Walk Score

Highlights

New 12-Year Corporate Net Lease to Lucid Motors (NASDAQ: LCID)

3.5% Annual Rent Increases

$3.8 Million Irrevocable Letter of Credit from Bank of America

Over $3.5 Million of Capital Investment into the Property

High-Visibility Irving Boulevard Location with 16,108 ADT

Approximately 3.5 Miles from Downtown Dallas

Cap Rate:

6.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	3 min	19 min	1.0 mi
	5 min	-	2.5 mi
Transit/Subway	Drive	Walk	Distance
Medical/Market Center (Trinity Railway Express - Dallas Area Rapid Transit (DART))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Dallas Love Field	10 min	-	4.3 mi
Dallas-Fort Worth International	24 min	-	17.6 mi