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729 N Bishop Ave 2,414 SF 100% Leased Office Building Dallas, TX 75208 $820,000 ($339.69/SF) 7.81% Cap Rate



Investment Highlights
- Private off-street parking behind the building with 7 parking spaces total, plus on-street parking in front
- Second level includes 4 unique office spaces, kitchenette with sink, dishwasher and refrigerator, plus half bath (Approx Sq Ft: 1,179)
- Sprinkler system in the front yard
- First level includes 3 unique office spaces, kitchenette with sink, dishwasher and refrigerator, plus half bath (Approx Sq Ft: 1,165)
- Wood floors throughout the office spaces
- Separate HVAC systems for first and second levels
Executive Summary
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$71,580
|
$29.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,580
|
$29.65
|
| Taxes |
$12,470
|
$5.17
|
| Operating Expenses |
$7,500
|
$3.11
|
| Total Expenses |
$19,970
|
$8.27
|
| Net Operating Income |
$51,610
|
$21.38
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $71,580 |
| Annual Per SF | $29.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $71,580 |
| Annual Per SF | $29.65 |
| Taxes | |
|---|---|
| Annual | $12,470 |
| Annual Per SF | $5.17 |
| Operating Expenses | |
|---|---|
| Annual | $7,500 |
| Annual Per SF | $3.11 |
| Total Expenses | |
|---|---|
| Annual | $19,970 |
| Annual Per SF | $8.27 |
| Net Operating Income | |
|---|---|
| Annual | $51,610 |
| Annual Per SF | $21.38 |
Property Facts
Amenities
- Kitchen
- Central Heating
- High Ceilings
- Natural Light
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Oak View Capital Partners is a Texas-based real estate investment and development firm focused on value creation through the acquisition, development, and repositioning of commercial and income-producing properties. Founded in 2015, the company operates with a vertically integrated approach that leverages the principals’ longstanding experience in commercial banking, credit structuring, and real estate development. Oak View Capital Partners emphasizes disciplined underwriting, localized market knowledge, and active asset management across multiple property types, including self-storage, retail, multifamily, student housing, and industrial projects. The firm’s strategy centers on identifying undervalued or underutilized assets where repositioning, renovation, or development can unlock increased cash flow and long-term investment value. The company’s principals collectively bring decades of real estate financing and development expertise, having structured and executed over a billion dollars in commercial real estate transactions. Their experience spans sourcing land deals, structuring equity and debt, managing construction activities, and overseeing property management. As a result, Oak View Capital Partners operates with a hands-on ownership mindset and targets opportunities in high-growth Texas submarkets where demand, demographics, and supply characteristics support long-term performance.
- Twelfth House Counseling
- Health Care and Social Assistance
- 1,179 SF
- -
- Plus Electric
- Nov 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Real Estate | 1,165 SF | - | Plus Electric | Aug 2026 | |
| Twelfth House Counseling | Health Care and Social Assistance | 1,179 SF | - | Plus Electric | Nov 2026 |
Property Taxes
| Parcel Number | 00000263095000000 | Total Assessment | $560,000 |
| Land Assessment | $337,370 | Annual Taxes | $12,470 ($5.17/SF) |
| Improvements Assessment | $222,630 | Tax Year | 2025 |
