3211 Northwest HwyDallas, TX 75220

For Sale
$2,750,000

Multi-tenant retail building, 100% occupied, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Dallas retail property, located at 3211 W Northwest Hwy, offers a compelling investment opportunity. Built in 2006, the property boasts a total gross leasable area of 9,392 square feet across six separate tenants, ensuring a diversified income stream. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $220,017, translating to an attractive 8.00% capitalization rate. The asking price is $2,750,000. Situated on a sizable 0.897-acre lot (39,072 square feet), this property presents significant potential for future growth and appreciation. Its prime location in Dallas, Texas, within Dallas County, and its strong tenant base make it an ideal addition to any investment portfolio. The property's solid performance history and high occupancy rate make it a low-risk, high-reward investment. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving Dallas market. The property's size and location offer excellent potential for long-term growth and value appreciation. Don't miss this chance to secure a profitable investment in a prime Dallas location.

Highlights

  • 9,392 square feet of gross leasable area.
  • 0.897-acre lot (39,072 square feet).
  • Built in 2006.
  • Six tenants.
  • 100% occupancy.
  • Asking price: $2,750,000.

Property Details for 3211 Northwest Hwy

Property type
Other retail properties, Retail properties
Square Feet
9,392 SF
Year Built
2006
Lot Size (sq. ft)
39,073 SF

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.855895
Longitude
-96.8662097
3211 Northwest Hwy, Dallas, Texas

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3211 Northwest Hwy
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