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2211 S Beckley Ave 5,797 SF 100% Leased Retail Building Dallas, TX 75224 $2,600,000 ($448.51/SF) 11.73% Cap Rate
Investment Highlights
- The asset is positioned on a signalized hard corner at a high-traffic intersection, offering strong visibility and access.
- Benefiting from a future 48-acre multifamily development expected to materially increase population density.
- Located in close proximity to the $72 million redevelopment of Wynnewood Village, anchored by Target, Burlington, Bath & Body Works, and James Avery.
Executive Summary
The offering includes the fee simple interest in the real estate along with the established beauty supply business.
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Property Facts
Sale Type
Investment
Property Type
Building Size
5,797 SF
Year Built
1997
Price
$2,600,000
Price Per SF
$448.51
Cap Rate
11.73%
NOI
$305,032
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.47 AC
Opportunity Zone
Yes
Frontage
45’ on South Beckley Avenue
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 004023000A05A0000 | Improvements Assessment | $887,220 |
| Land Assessment | $162,780 | Total Assessment | $1,050,000 |
Property Taxes
Parcel Number
004023000A05A0000
Land Assessment
$162,780
Improvements Assessment
$887,220
Total Assessment
$1,050,000
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