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500 - 524 E Avenue K 506 E Avenue K 11,480 SF 68% Leased Retail Building Grand Prairie, TX 75050 $1,899,000 ($165.42/SF) 6.80% Cap Rate
Executive Summary
This property is priced based on 500-524 East Ave K
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,480 SF
Building Class
B
Year Built
1980
Price
$1,899,000
Price Per SF
$165.42
Cap Rate
6.80%
NOI
$129,148
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.10 AC
Zoning
C, Grand Prairie
Parking
57 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
152’ on E Avenue K
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Single Executive office spaces up 4 suites available for rent
Great Retail Opportunity on HWY 360
| Space | Size | Space Use | Position | Available |
| 522 | 650 SF | Office/Retail | - | Now |
| 524 | 3,000 SF | Retail | End Cap | Now |
522
| Size |
| 650 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
524
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
522
| Size | 650 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Single Executive office spaces up 4 suites available for rent
524
| Size | 3,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Great Retail Opportunity on HWY 360
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,694,985 | |
| Land Assessment | $355,480 | Total Assessment | $2,039,510 |
Property Taxes
Parcel Numbers
Land Assessment
$355,480
Improvements Assessment
$1,694,985
Total Assessment
$2,039,510
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500 - 524 E Avenue K | 506 E Avenue K
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