801 Core St 10,750 SF Vacant Retail Building Dallas, TX 75207 For Sale

Marcus & Millichap is pleased to exclusively present for sale the property located at 801 Core Street, Dallas, Texas 75207. The subject property is 10,019 square feet and is demised into two suites, previously occupied by a hair salon and medical spa. The property is situated on 0.42 acres and is strategically located at the core of the Dallas Design District, as well as at the head of the Ronald Kirk Pedestrian Bridge which connects directly to the Trinity Groves submarket. The subject property is extremely well-located, with direct access to Interstate 35E, Victory Park, and downtown Dallas.
The Dallas Design District is a vibrant neighborhood that showcases the pinnacle of artistic and cultural offerings, all nestled within a 37-acre, pedestrian-friendly district. Once exclusively designated for trade only showrooms, this area has naturally transformed, welcoming a fresh wave of retail establishments, restaurants, and apartment buildings that have sprouted alongside the enduring home-décor showrooms and warehouses that have long been a cornerstone of this neighborhood. Additionally, the subject property is strongly-situated proximate to multiple new vertical developments including the Urby, a 27-story luxury high-rise apartment complex, as well as the recently announced Hi-Line Square. The new project includes a proposed 186,000 -square-foot office tower, and a 30-story, 300 unit apartment complex including 45,000 square feet of retail.
The Dallas-Fort Worth metroplex is widely considered one of the top commercial real estate markets in the United States and one of the fastest-growing submarkets in the entire country. Notably a top job market, the Dallas-Fort Worth metroplex features 24 Fortune 500 company headquarters, eight Fortune Global 500 headquarters, and 49 Fortune 1,000 headquarters. The Metroplex has also ranked as the top market for year-over-year job growth, adding over 132,000 jobs in the past 12 months, a 3.3 percent annual increase.
The city of Dallas has also gained tremendous press lately with the recent introduction of the Texas Stock Exchange, which is backed by several Wall Street investment groups such as Black Rock, Citadel Securities, and many more. With the massive influx of corporate relocations of Fortune recognized companies and job growth, this has driven a tremendous amount of new residents to the Metroplex, further driving the need for additional housing and retail establishments to sustain this increased demand.