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Kessler Hills Shopping Center 1050 N Westmoreland Rd 1,436 SF of Office Space Available in Dallas, TX 75211
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 111 | 1,436 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $37,336 /YR $3,111 /MO | Triple Net (NNN) |
1050 N Westmoreland Rd - 1st Floor - Ste 111
Space has direct frontage and visibility to Fort Worth Avenue, and adjacent to Domino's Pizza.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Direct street visibility and frontage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT KESSLER HILLS SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Colaw Fitness
- Fitness
- 3
- Regional
- UEI Medical Tech College
- Daycare
- 20
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Colaw Fitness | Fitness | 3 | Regional |
| UEI Medical Tech College | Daycare | 20 | Regional |
PROPERTY FACTS
| Total Space Available | 1,436 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 142,590 SF |
| Parking | 1324 Spaces | Total Land Area | 11.14 AC |
| Stores | 27 | Year Built | 1989 |
| Center Properties | 4 |
| Total Space Available | 1,436 SF |
| Center Type | Community Center |
| Parking | 1324 Spaces |
| Stores | 27 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 142,590 SF |
| Total Land Area | 11.14 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Kessler Hills Center is located at the NEC of Westmoreland Rd. & Ft. Worth Ave, on the going-home route amongst a large population (18,065, 145,129, and 303,280) encompassing consumers within a 1, 3, 5 mile radius respectively. This center is at the heart of redevelopment for this north Oak Cliff sub-market, with many residential, multi-family, and new retail developments and redevelopments under way. Traffic counts have increased substantially within the last five years, 31,809vpd Westmoreland Road (north/south), and 22,486vpd Fort Worth Avenue (east/west) (NCTCOG). Average household income within a 1, 3, and 5 mile radius has increased over five percent (5%+) annualized over the past five years, outpacing the DFW and national markets ($60,175, $68,281, and $75,576 respectively). Kessler Center has retained consistently strong occupancy over the last ten years (92 – 100%). Repositioning of the center has taken place since 2005, swapping interior tenancy toward medical-type operators, and smaller space retailers on the exteriors. This led to zero impact on rental during the 2020 lockdown. UEI Medical Tech College has occupied one of the anchor spaces recently, and will begin classes in the Fall of 2023. Colaw Fitness has occupied the second anchor space opening December 2023. Both on new, 10-year leases. Kessler Center has retained consistently strong occupancy over the last ten years (92 – 100%). Repositioning of the center has taken place since 2005, swapping interior tenancy toward medical-type operators, and smaller space retailers on the exteriors. This led to zero impact on rental during the 2020 lockdown. UEI Medical Tech College has occupied one of the anchor spaces recently, and will begin classes in the Fall of 2022. Colaw Fitness has occupied the second anchor space and is underway with their finish-out, pushing for a late Fall 2022 opening. Both on new, 10-year leases.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
