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707 Center Ridge Dr 5,800 SF Retail Building Duncanville, TX 75116 $1,740,000 ($300/SF) 7.75% Cap Rate
Investment Highlights
- +/-28,009 SF Lot. +/- 5,800 SF Bldg
- Built in 2017. D-Wood Frame
- Located on Center Ridge +/-1.5 miles to I-20 and just a few blocks from retailers such as Tom Thumb, Aldi, CVS, plus many others
- Neighborhood Office/Retail District (NOR)
Executive Summary
Property features include parking with 8 parking spots, 1 monument sign, 4 restrooms, 2 of which are stalled, and 2 private restrooms, 1 walk-in shower, 1 changing room, 4 offices, 1 conference room, 5 activity/classrooms, 1 large day room, 1 break room, 1 kitchen/food prep area, 1 pantry, 3 storage closets, 2 utility rooms with w/d connections, alarm system and fire sprinkler system. Property is centrally located only +/-1.5 miles to Interstate 20, +/-3.0 miles to Highway 67, +/- 7.3 miles to Interstate 35E, and +/-9.1 miles to TX-360.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,800 SF
Building Class
B
Year Built
2017
Price
$1,740,000
Price Per SF
$300
Cap Rate
7.75%
NOI
$134,850
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.64 AC
Zoning
NOR - Neighborhood Office/Retail District
Walk Score®
Very Walkable (82)
Nearby Major Retailers
Property Taxes
| Parcel Number | 22097540000000000 | Improvements Assessment | $1,081,180 |
| Land Assessment | $112,040 | Total Assessment | $1,193,220 |
Property Taxes
Parcel Number
22097540000000000
Land Assessment
$112,040
Improvements Assessment
$1,081,180
Total Assessment
$1,193,220
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707 Center Ridge Dr
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