3510 Ross AveDallas, TX 75204

For Sale
Call for price

Dallas retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 8,251-square-foot retail center, located at 3510 Ross Avenue in Dallas, Texas, presents a compelling investment opportunity. The property, situated on a 0.47-acre lot, is a single-story building constructed in 1947 and extensively renovated in 2024. Currently housing five tenants under a multi-tenant, all NNN lease structure, the center boasts 100% occupancy. The diverse tenant mix includes experiential retail businesses. The property benefits from its prime location on the Ross Avenue corridor, a high-traffic area with over 40,000 vehicles daily. This location offers convenient access to major thoroughfares including North Central Expressway, Downtown Dallas, Greenville Avenue, and Lakewood. The surrounding area is experiencing significant growth, with numerous new Class A multifamily and townhome developments adding to the already strong demographics. Within a three-mile radius, the average household income surpasses $122,000, reflecting a robust and affluent market. The property's zoning is PD 298, and its fee-simple ownership provides complete control and potential for future appreciation. This stabilized investment offers a rare chance to acquire a high-performing asset in a rapidly evolving Dallas neighborhood. The staggered lease terms provide long-term stability and potential for future rent increases. This is a generational asset poised for continued success in a prime Dallas location.

Highlights

  • $347,581 Net Operating Income (NOI). Contact brokers for pricing.
  • Multi-tenant retail building in Dallas' urban core, ideally located on Ross Avenue.
  • 8,251 rentable square feet on a 0.47-acre lot with all NNN leases.
  • Strong tenant mix featuring experiential retail, with staggered lease expirations.
  • Excellent location near new Class A multifamily and townhome developments.
  • Easy access to North Central Expressway, Downtown Dallas, Greenville Avenue, and Lakewood.

Property Details for 3510 Ross Ave

Property type
Lifestyle centers, Power centers
Square Feet
8,251 SF
Year Built/Renovated
1947/2024
Buildings
1
Stories
1
Lot Size (sq. ft)
20,473 SF
Units
5

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.796262335006
Longitude
-96.788149828637
3510 Ross Ave, Dallas, Texas
Leaflet | © OpenStreetMap contributors

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3510 Ross Ave
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