2817 Live Oak StDallas, TX 75204

This exceptional 7,084 square foot shopping center in Dallas, Texas, presents a compelling investment opportunity. Located at 2817 Live Oak St, in the 75204 zip code, this single-building, multi-tenant property boasts six tenants under NNN leases, ensuring a stable income stream. The property enjoys a 100% occupancy rate with built-in rental increases, generating a strong net operating income (NOI) of $213,038 and a 6.70% cap rate. The asking price is $3,180,000, translating to $463.02 per square foot. Situated on a 0.232-acre lot, the center benefits from its prime infill location adjacent to downtown Dallas, experiencing significant population growth (61% increase within a 1-mile radius since 2010, now nearing 33,000 residents). The daytime population swells to 110,000 within a one-mile radius, driven by nearby developments such as The Gabriella (a luxury mixed-use high-rise with Tom Thumb), The Epic (a large mixed-use development with office, hotel, residential, and retail components), Baylor Hospital, and the vibrant Deep Ellum and Dallas Arts Districts. The tenant mix is service-oriented and internet-resistant, providing resilience against market fluctuations. This stabilized investment offers a secure, long-term opportunity with significant upside potential in a rapidly developing urban core. The property's location and tenant mix create a strong foundation for continued growth and value appreciation.