Historical Retail Sale Listing - Grand Avenue Retail & Office

Retail For Sale

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Grand Avenue Retail & Office

5511-5523 East Grand Avenue, Dallas, TX 75223

N/A

11,157 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
11,157 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Restaurant
Street Retail
Retail (Other)
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
8%
Occupancy:
70%
No. Stories:
2
Tenancy:
Multiple
Lot Size:
22,500 SF
Listing ID
14994755
Last Updated
over 1 year ago

Highlights

  • Great Inner City Location
  • Very Established Long Term Tenants
  • Great Cap Rate at 70% Occuppancy
  • Ideal Investor or Owner Occuppant Property
  • Easy Management
  • Future Re- Development Site

Description

Price Reduced: Retail / Restaurant / Office Inner-City location consisting of 11,157 s/f. Mesa Maya Restaurant,World Finance Corporation,Tamayos Insurance,and the Candle Shop occuppy 100% of the ground floor and there is approximately 3,355 s/f of office space on the 2nd floor known as Brownie's Office Building.

Located approximately two blocks north of I-30 at the corner of East Grand and Beacon Avenue, Dallas,Texas. The immediate area is primarily retail with high traffic, surrounded by residential single family neighborhoods.

Map of 5511-5523 East Grand Avenue, Dallas, TX 75223 (Dallas County)

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Created 2/9/2007