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This exceptional Class A, 13,790 square foot shopping center in Dallas, Texas, presents a compelling investment opportunity. Boasting a 6.25% cap rate and a strong NOI of $519,431, this multi-tenant property is fully occupied by a diverse mix of high-performing businesses including LDU, Larc Salon, f45, Joe Leo, and Yoga Six. Built in 2017, the property features 137 parking spaces and sits on a 0.693-acre lot at 2722 N Fitzhugh Ave, Dallas, TX 75204, a prime location in the heart of Dallas, benefiting from high traffic counts exceeding 245,000 vehicles daily. The property is strategically positioned near thriving retail districts, including Knox District and Henderson Avenue, and is surrounded by a dense population with high average household incomes exceeding $140,000 within a one-mile radius. The property's lease type is NNN, and it includes rent bumps. This core investment offers a compelling combination of strong financial performance, exceptional location, and a diverse tenant base, making it an ideal addition to any portfolio. The property's 5-year CAGR is 2.24, and its WALT is 6.19, indicating a stable and accretive investment. This is a for-sale-by-owner opportunity.
Highlights
High density mixed-use development.
Excellent location with strong retail and traffic generators.
High-growth submarket with a mix of retail, office, and residential uses.
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Please email our support team at [email protected] and they will add the team member.
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Contacts
Josie Trent
Will Walters
Alex Speed
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2722 Fitzhugh Ave, Dallas, Texas, 75204
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.