Freestanding For Sale • 26,530 SF
Cash-Flowing Value-Add Opportunity - 26,530 SF Retail strip center located in the core of Dallas, just south of the historic Fair Park grounds |
Extremely Rare Opportunity Zone Investment - Offers redevelopment potential with the option to acquire the adjacent ± 3.33-acre directly behind site |
Significant Lease Repositioning Potential - 53.36% of tenants are on month-to-month leases, 91.78% on gross leases |
Anchored by Credit Tenant - Family Dollar occupies 54.82% of the property, with a robust presence of ± 8,200 locations across the U.S. |
Below Market Rental Rates - Currently at $7.68 PSF, offering a rare revenue opportunity growth to reposition leases to market rate |
Income Tax-Free State - Ideal for 1031 investors seeking tax advantages. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Medical/Market Center (Trinity Railway Express - Dallas Area Rapid Transit (DART)) | 12 min | - | 5.8 mi |
Transit/Subway | Drive | Walk | Distance |
Mlk Jr (Green Line - Dallas Area Rapid Transit (DART)) | 1 min | 5 min | 0.3 mi |
Fair Park (Green Line - Dallas Area Rapid Transit (DART)) | 1 min | 11 min | 0.6 mi |
Airport | Drive | Walk | Distance |
Dallas Love Field | 17 min | - | 7.8 mi |
Dallas-Fort Worth International | 32 min | - | 23.2 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 85 |
Type: | Surface |
Included in Rent: | Yes |