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738 W Davis St 2,620 SF 100% Leased Office Building Dallas, TX 75208 $1,880,000 ($717.56/SF) 4.15% Cap Rate
Investment Highlights
- Heavy foot traffic, 12 dedicated parking spaces, double corner
Executive Summary
Adjacent to very active TyPo and Bishop Arts District. Twelve dedicated parking spots. Two units with combined area of 2620sf. Current lease on one side through May 2027. Owner-occupied side, can vacate or execute 12mo+lease.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Building Size
2,620 SF
Building Class
C
Year Built
1955
Price
$1,880,000
Price Per SF
$717.56
Cap Rate
4.15%
NOI
$78,020
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,620 SF
Building FAR
0.42
Lot Size
0.14 AC
Zoning
Comm Serv
Parking
12 Spaces (4.58 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Nood
- Services
- -
- -
- -
- Sweet 200
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Nood | Services | - | - | - | ||
| Sweet 200 | Services | - | - | - |
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00000257170000000 | Improvements Assessment | $191,350 |
| Land Assessment | $312,500 | Total Assessment | $503,850 |
Property Taxes
Parcel Number
00000257170000000
Land Assessment
$312,500
Improvements Assessment
$191,350
Total Assessment
$503,850
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Contact the Sale Advisor
738 W Davis St