5930-5950 Royal Ln | Dallas, TX 75230
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5930-5950 Royal Ln
Dallas, TX 75230
Retail Property For Sale
Investment Highlights
- Long-Term Leasehold Interest | Preston Royal is subject to a long-term ground lease expiring in August 2060
- Capital Improvements | $7M invested on new roof, HVAC, electrical, lighting, façade and exterior design in 2021
- Stabilized Asset | Delivered at 98% occupancy
Property Facts
Property Type
Retail
Property Subtype
Building Size
34,381 SF
Building Class
B
Year Built/Renovated
1963/2021
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
2.98 AC
Zoning
CR - Retail – Community Retail (CR)
Parking
144 Spaces (4.19 Spaces per 1,000 SF Leased)
Frontage
361’ on Royal Lane
Amenities
- Property Manager on Site
- Restaurant
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,464,500 | |
| Land Assessment | $1,840,030 | Total Assessment | $6,304,530 |
Property Taxes
Parcel Numbers
Land Assessment
$1,840,030
Improvements Assessment
$4,464,500
Total Assessment
$6,304,530
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