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2040 W Northwest Hwy
Dallas, TX 75220
Retail Property For Sale
Investment Highlights
- Traffic Count: over 40,000 VPD directly in front of property
Executive Summary
- Total of four tenant retail spaces (100% leased)
- Two free standing podium signs
- Parking count: 57 total spaces
- Net rents: $225,252/Yr
-Less than 1 mile from 35E
-2 miles from Las Colinas Urban Center (Direct access via W Northwest Hwy) that has in excess of 10,000 apartment units making it one of the largest apartment markets in North Texas
- Two free standing podium signs
- Parking count: 57 total spaces
- Net rents: $225,252/Yr
-Less than 1 mile from 35E
-2 miles from Las Colinas Urban Center (Direct access via W Northwest Hwy) that has in excess of 10,000 apartment units making it one of the largest apartment markets in North Texas
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,384 SF
Building Class
B
Year Built
1982
Price
$3,300,000
Price Per SF
$393.61
Cap Rate
6.82%
NOI
$225,060
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.73 AC
Zoning
Ind/Res Dt - Industrial
Parking
57 Spaces (6.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 00000601720750000 | Improvements Assessment | $325,460 |
| Land Assessment | $109,770 | Total Assessment | $435,230 |
Property Taxes
Parcel Number
00000601720750000
Land Assessment
$109,770
Improvements Assessment
$325,460
Total Assessment
$435,230
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Contact the Sale Advisor
2040 W Northwest Hwy
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