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3230 Martin Luther King Jr Blvd
Dallas, TX 75210

Price Upon Request

Supermarket For Sale  •  50,142 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 50,142 SF
  • Lot Size 3.95 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Single
  • Zoning PD-595 (CC)
65 Transit Score
66 Walk Score

Highlights

Rare infill covered land play primed for immediate redevelopment!
Located within the core of Dallas, in the heart of Fair Park
Below market rental rate of $3.96 NNN (200% below market) as well as future pad site opportunities along MLK Jr. Blvd.
Single-tenant net lease backed by Fiesta Mart (Grupo Comercial Chedraui – MSE: CHDRAUI).
Substantial upside in extremely valuable parking revenue opportunities.
$200,000 in net revenue provides coverage and positive cash-on-cash return

Amenities

  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Medical/Market Center (Trinity Railway Express - Dallas Area Rapid Transit (DART)) 12 min - 5.9 mi
Transit/SubwayDriveWalkDistance
Mlk Jr (Green Line - Dallas Area Rapid Transit (DART)) 1 min 2 min 0.2 mi
Fair Park (Green Line - Dallas Area Rapid Transit (DART)) 1 min 15 min 0.8 mi
AirportDriveWalkDistance
Dallas Love Field 17 min - 8.0 mi
Dallas-Fort Worth International 32 min - 23.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Cameron Deptula 214-497-0276 DB2RE Investment Sales
Cameron Deptula 214-497-0276 DB2RE Investment Sales