707-709 N Haskell Ave
Dallas, TX 75246
Retail Property For Sale

Marcus & Millichap is pleased to present Haskell Mixed-Use, a 8,528 square foot property on Haskell Avenue in Dallas, Texas. The subject property sits on approximately 0.28 acres in a very desirable market with a high barrier to entry. The property is comprised of a four-plex, each unit recently updated and approximately 1,163 square feet, and a 3,876 square foot retail component with three connected suites. All spaces are metered separately for water and electricity. The subject property is located in the Baylor District adjacent to the Medical Plaza and Criswell College with visibility to over 20,000 vehicle per day. Old East Dallas is currently viewed by many investors as the next big boom sub-market in Dallas/Fort Worth. Developers are aggressively targeting this market with an influx of multi-family and retail developments to support the growing number of demand and new residents. The lower rents and overall development costs in comparison to Uptown and the accessibility to Downtown along the major freeways, make this a highly sought after sub-market. The ease and access to recent transportation technology has cut down commuting time and costs, giving residents more freedom and options. The subject property offers investors the opportunity to be a part of this growing sub-market with a versatile, value-add asset suitable for multifamily, retail, and creative office. The multifamily portion of the subject property is currently fully-leased with below market rents, the retail portion will be leased back at time of sale at below market rents as well. Both buildings give a new investor the opportunity to re-position or redevelop the property to capture the rising rents and be strongly positioned for the increase of population in the immediate area.