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Browse More Listings in Shopping Center For Sale, Dallas, TX or Texas

Shopping Center For Sale

Northlake Professional Center

8535 Ferndale, Dallas, TX 75238

Price:
$725,000
Gross Leasable Area:
15,000 SF
Price/SF:
$48.33
Property Type:
Shopping Center
Property Sub-type:
Strip Center
Additional Sub-types:
Medical Office
Property Use Type:
Investment
Commission Split:
30%
Cap Rate:
14%
Occupancy:
80%
Tenancy:
Multiple
Lot Size:
1.06 AC
Find Out More...

Last Verified 10/12/2009 Listing ID 16014595

Description

18 Office suites with an interior atrium area with skylights. 17,248 square feet on 1.066 acres. Ample parking and the building has been well maintained. Atrium area has marble floors and suites have individual doors and side windows. Some spaces have outside entrances/exits.

On a very busy corner in Dallas TX - Ferndale and Northwest HIghway. Across the street from Northlake Shopping Center which is a anchor shopping center with many tenants. Location is close to residential areas, schools and lots of shopping opportunities.

Financial Summary

Actual
Net Operating Income
$101,500

Map of 8535 Ferndale, Dallas, TX 75238 (Dallas County)

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Created 12/4/2008

Additional Information for 8535 Ferndale Road, Dallas, TX 75238

Active For Sale - 2 Listings
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - Northlake Professional Center

8535 Ferndale, Dallas, TX, 75238