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- LoopNet Team
5631 Lyndon B Johnson Fwy
Dallas, TX 75240
Target Strip on LBJ · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
ABOUT 5631 LYNDON B JOHNSON FWY , DALLAS, TX 75240
• Value Add Opportunity - Priced at a Pro-Forma 9.00% Cap Rate with Conservative Rents –Phenomenal Lease Up Potential and Ability to Dramatically Increase NOI • 3 Tenant Strip Located on Interstate 635 (LBJ Fwy) - Pad Site to Target • Across the Street From the Future Dallas Midtown Development – $3 Billion Dollar • Mix Use Urban Living, Office and Retail Master Planned Community • Hard Corner Location at Signalized Intersection of Montfort & LBJ Fwy with Great Ingress, Egress Access and Highway Visibility • Densely Populated Area - More than 371,200 Residents Within a 5-Mile Radius – a 9.81% Increase Over Last Several Years • Population is Projected to Grow by Another 6% in the Next 5 Years • Traffic Counts Exceed 240,000 Vehicles Per Day Along I-635and 28,240 Vehicles Per Day Along Montfort Dr • Surrounding National Retailers Include Target, Walmart Supercenter,Sam’s Club, Best Buy, McDonald’s, In-N-Out Burgers, At Home,Whole Foods, Tom Thumb, Walgreens, CVS Pharmacy and Many More
PROPERTY TAXES
| Parcel Number | 00000663345640000 | Improvements Assessment | $1,580,450 |
| Land Assessment | $1,389,550 | Total Assessment | $2,970,000 |
PROPERTY TAXES
