1400 W Davis St | Dallas, TX 75208
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- LoopNet Team
1400 W Davis St
Dallas, TX 75208
Retail Property For Sale
Investment Highlights
- Significant Anchor Re-Leasing Upside: Family Dollar’s lease expires in June 2029, with below market rents and no renewal options available.
- Highly Desirable Urban Infill Location: Located in a densely populated Dallas neighborhood with strong demand drivers and limited competing supply.
- Prime Location with Excellent Connectivity: Strategically situated southwest of Downtown Dallas, the property offers easy access to Downtown & Uptown
- 100% Leased Retail Strip Center: 12,430 SF fully occupied by three tenants: Family Dollar (anchor, 66.6% of GLA), Tienda la Campina, and a Smoke Shop
- Predictable Value-Add Opportunity: Projected Year 6 NOI of $403,374 with potential reversion value of $5.2M (based on a 7.75% cap)
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
12,430 SF
Building Class
C
Year Built
1937
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.43 AC
Zoning
PD
Parking
42 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 00000260272000000 | Improvements Assessment | $78,750 |
| Land Assessment | $656,250 | Total Assessment | $735,000 |
Property Taxes
Parcel Number
00000260272000000
Land Assessment
$656,250
Improvements Assessment
$78,750
Total Assessment
$735,000
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