2828 Routh St, Dallas, TX 75201 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 2023Total Assessed Value $213,132,090County Dallas

Property Details

The Office property 2828 Routh St, Dallas, TX 75201 is located in Dallas County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $213,132,090.

The gross building area is 521,995 square feet and the land area is 166,604 square feet for this Office Building Low Rise 1 - 4 stories built in 2023.

Legal description: Quadrangle Blk 956 Lt 1A Acs 3.8247 Int201900023836 Dd01282019 Co-Dc 0956 000 01A00 6Da0956 000

$213,132,090

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 2828 Routh St, Dallas, TX 75201, Office

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Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area521,995

Land Size166,604

Land Value$29,155,700

Improved Value$183,976,390

Total Assessed Value$213,132,090

Year Built2023

County NameDallas

Account Number000956000001A0000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories12

BasementNo basement

Food & BeveragesRestaurant,Hotel

Safety & SecuritySecurity System

ServicesFood Service,On Site Management,Property Manager on Site,24/7 Building Access

TransportationAirlines Center

Sales History

2/1/2006

Arms-length$29,900,000

Buyer

Clover Quadrangle Corp

Seller

Cp Quadrangle Ltd

Book Number

200600036887

Recording Date

2/1/2006

Transaction Details

Clover Quadrangle Corp acquired the property from Cp Quadrangle Ltd through a Arms-length transaction on 2/1/2006 for $29,900,000.

5/1/1979

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

5/1/1979

Transaction Details

acquired the property from through a Other transaction on 5/1/1979 for .

Property constructed in 2023

YSale Price (USD) byXSales Year

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Mortgage History

2/24/2022

Arms length residential transactions purchase or resales$176,200,000

Borrower

Srpf Bquadrangle Property Llc

Lender

Msd Rcof Partners Xxviii Llc

Book Number

2022.53947

Recording Date

2/24/2022

Transaction Details

Srpf Bquadrangle Property Llc borrowed the property from Msd Rcof Partners Xxviii Llc through a Arms length residential transactions purchase or resales transaction on 2/24/2022 for $176,200,000.

9/27/2022

Arms length residential transactions purchase or resales$181,020,731

Borrower

Srpf Bquadrangle Property Llc

Lender

Msd Rcof Partners Xxviii Llc

Book Number

2022.257268

Recording Date

9/27/2022

Transaction Details

Property constructed in 2023

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$29,155,700	$161,866,060	$191,021,760	$191,021,760	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	-	166,604	521,995
2025	$29,155,700	$145,344,300	$174,500,000	$174,500,000	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	Quadrangle	166,604	521,995
2024	$24,990,600	$157,308,760	$182,299,360	$182,299,360	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	QUADRANGLE	166,604	521,995
2023	$24,990,600	$23,605,200	$48,595,800	$48,595,800	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	1:QUADRANGLE2:BLK 09...	1DSOL7	QUADRANGLE	166,604	906,627
2022	$24,990,600	$15,106,550	$40,097,150	$40,097,150	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	-	166,604	195,291
2021	$24,990,600	$16,709,400	$41,700,000	$41,700,000	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	QUADRANGLE	166,604	195,291
2020	$29,155,700	$13,594,300	$42,750,000	$42,750,000	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 956 L...	1DSOL7	-	166,604	195,291
2019	$20,825,500	$22,174,500	$43,000,000	$43,000,000	Srpf Bquadrangle Pro...	2001 Ross Ave Ste 40...	Quadrangle Blk 0956 ...	1DSOL7	QUADRANGLE	166,604	195,291
2018	$14,994,360	$25,040,640	$40,035,000	$40,035,000	Clover Quadrangle Co...	% American Realty Ad...	Quadrangle Blk 0956 ...	1DSOL7	QUADRANGLE	166,604	195,291
2017	$13,328,320	$24,801,680	$38,130,000	$38,130,000	Clover Quadrangle Co...	% American Realty Ad...	Quadrangle Blk 0956 ...	1DSOL7	QUADRANGLE	166,604	195,291

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
2828 Routh St, Dallas, TX 75201	000956000001A0000	Office	Office Building Low Rise 1 - 4 stories	Srpf Bquadrangle Property Llc	Dallas	-	$ 29,900,000	2006-02-01	$ 57.28	2023	521,995	-
12400 Coit Rd, Dallas, TX 75251	007752000A0080000	Office	Office Building Low Rise 1 - 4 stories	Churchill Tower Llc	Dallas	8.5	$ 5,320,000	2024-06-27	$ 18.11	1999	293,806	-
750 W John W Carpenter Fwy, Irving, TX 75038	32258050000010000	Office	Office Building Low Rise 1 - 4 stories	Cci Freeway Office Properties	Dallas	10.9	$ 53,200,000	2024-07-19	$ 171.53	1998	310,150	-
6460 Las Colinas Blvd, Irving, TX 75039	32048590010010000	Office	Office Building Low Rise 1 - 4 stories	Citigroup Technology Inc	Dallas	11.0	$ 64,888,040	2024-12-09	$ 269.65	2005	240,639	-
2828 N Harwood St, Dallas, TX 75201	000930000201A0000	Office	Office Building Low Rise 1 - 4 stories	2828 North Harwood Owner Lp	Dallas	0.4	$ 73,000,000	2025-04-01	$ 305.04	1998	239,316	-
2400 Dallas Pkwy, Plano, TX 75093	2107904	Office	Office Building Low Rise 1 - 4 stories	Pc 2400 Ll Llc	Collin	16.3	$ 24,671,500	2025-06-27	$ 96.87	1999	254,691	-
6100 W Plano Pkwy, Plano, TX 75093	2649665	Office	Office Building Low Rise 1 - 4 stories	Plano 6100 Llc	Collin	15.2	$ 27,410,946	2024-09-20	$ 149.58	2008	183,255	-
3701 Regent Blvd, Irving, TX 75063	322442000A0010000	Office	Office Building Low Rise 1 - 4 stories	Cci Intellicenter Owner Llc	Dallas	14.2	$ 24,605,000	2025-02-14	$ 120.09	2006	204,880	-
19111 Dallas Pkwy, Dallas, TX 75287	2058795	Office	Office Building Low Rise 1 - 4 stories	Cambridge Outerloop Lp	Collin	14.7	$ 14,038,281	2025-06-06	$ 89.33	1997	157,149	-
3905 Dallas Pkwy, Plano, TX 75093	2563749	Office	Office Building Low Rise 1 - 4 stories	Plano Property Partners Llc	Collin	17.7	$ 12,742,000	2024-10-07	$ 79.64	1998	160,000	-
5501 Headquarters Dr, Plano, TX 75024	2700556	Office	Office Building Low Rise 1 - 4 stories	5501 Headquarters Property Owner Llc	Collin	20.0	$ 40,232,500	2025-03-31	$ 237.58	2006	169,340	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2828 Routh St, Dallas, TX 75201	—	-	166,604	2023	521,995	$ 213,132,090	$ 29,155,700	-
Regions Bank	1333 N Peak St, Dallas, TX 75204	09/04/2025	$ 93,000,000	6,277	2003	6,806	$ 865,000	$ 345,240	Egw Live Oak Investment Lp
Cim Real Estate Credit Llc	1601 Elm St, Dallas, TX 75201	08/08/2025	$ 132,500,000	62,722	1981	1,395,192	$ 209,089,580	$ 5,958,590	1601 Elm Holdings Lp
Danistes Llc	3000 Harry Hines Blvd, Dallas, TX 75201	06/12/2025	$ 47,000,000	163,786	1950	15,250	$ 29,532,540	$ 28,662,550	Kdp Ch Investors Lp
American Bank Of Commerce	910 N Central Expy, Dallas, TX 75204	06/04/2025	$ 1,000,000	25,469	1982	8,968	$ 1,540,140	$ 1,273,450	Tm Development Partners Limite
Horizon Bank Ssb	2906 Maple Ave, Dallas, TX 75201	01/28/2025	$ 868,245	13,905	1963	14,580	$ 2,350,000	$ 2,224,800	-
Horizon Bank Ssb	2906 Maple Ave, Dallas, TX 75201	01/28/2025	$ 868,245	13,905	1963	14,580	$ 2,350,000	$ 2,224,800
Horizon Bank Ssb	2912 Maple Ave, Dallas, TX 75201	01/28/2025	$ 868,245	10,144	1923	6,440	$ 2,255,000	$ 1,775,200	-
Horizon Bank Ssb	2912 Maple Ave, Dallas, TX 75201	01/28/2025	$ 868,245	10,144	1923	6,440	$ 2,255,000	$ 1,775,200
Pmh Dallas Tx Llc	3320 Live Oak St, Dallas, TX 75204	01/28/2025	$ 37,234,136	26,850	1985	45,944	$ 2,322,360	$ 1,342,500	Psl Live Oak Dallas Llc
Commercial Bank Of Texas Na	3333 Welborn St, Dallas, TX 75219	01/16/2025	$ 10,400,000	51,300	1963	63,680	$ 7,404,660	$ 4,360,500	Arabella Retirement Center Of

Mean$ 33,630,438

Median$ 8,950,000.0

Loan Amount Range$ 1,000 - $ 162,765,309

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2688 LACLEDE ST, DALLAS, TX 75201-1443	THEATRE THREE	2148713300	ASSOCIATIONS

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Tenant Industry Distribution

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License Details

This details prefers to stay low-key.

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