Overview
Cushman & Wakefield’s Capital Markets Team (“C&W”), serving as the exclusive advisor, is pleased to offer the opportunity to acquire 400 E John W. Carpenter, the distinguished former headquarters of The Big XII Conference. The two-story 14,230 square foot office property rests on 1.85 acres in Irving, Texas and was developed in 1996 as the headquarters for Industrial Properties Corporation. The Big XII Conference acquired the property in 2007 when Industrial Properties Corporation was sold to GE Capital and the property has served as their headquarters for over 17 years. Strategically located in the heart of the metroplex, the property offers excellent connectivity to both Dallas and Fort Worth and easy access to the nearby DFW International Airport. 400 E John W Carpenter is a first-class property that is well appointed with topnotch furnishings and amenities that will transfer with the sale. The captivating lakeside backdrop further adds to the allure of the property. This unique opportunity affords a buyer the ability to own a well-located bite-sized office asset with prominent visibility and a rich Big XII Conference history.
Investment Highlights
Visibility & Accessibility: Located on the John W Carpenter Freeway (Hwy-114), the site benefits from over 102K vehicles per day that passes by. The sizeable traffic count provide a significant opportunity for brand visibility and notoriety. In addition, the site is easily accessed from the north or south providing exceptional connectivity to Dallas and Fort Worth.
Bite Size Opportunity: Unique opportunity to own a stand alone 14,320 SF building with covered parking and freeway frontage. Ideal size for owner/ user who is ready to own versus rent. There is a limited supply of the smaller footprint stand alone buildings and they do not trade very frequently.
Turnkey Property: The property will be delivered in move-in ready condition. All of the first-rate furniture and state of the art audio/technology infrastructure will remain in the premises after the sale.
Iconic Big XII History: The property has a rich history of serving as the HQ for The Big XII Athletic Conference for over 17 years. Touches of The Big XII can be incorporated into the new owner’s office environment if desired.
Proximity to Amenities: Located along John W Carpenter Fwy (SH-114), the Property sits in the heart of the DFW metroplex, minutes from DFW & Love Field Airports with accessibility to an abundance of amenities.
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