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Gannon Plaza 3 Retail Properties in Dallas, TX
Investment Highlights
- 8.31-acre parcel zoned MU-2 allowing for flexible mixed-use configurations.
- Significant redevelopment activity in the area, including the $250M RedBird Mall transformation.
- Surrounded by dense residential communities and major institutional anchors.
- Located at the intersection of S Westmoreland Road and I-20 with excellent traffic exposure.
- Near-vacant condition enables expedited redevelopment timelines and design flexibility.
- Ample surface parking with approximately 480 available spaces.
Executive Summary
The property at 7401 S Westmoreland Rd in Dallas offers an exceptional high visibility redevelopment opportunity on approximately 8.31 acres zoned MU-2, allowing flexible mixed-use development.
Strategically positioned at the intersection of S Westmoreland Rd and I-20, the site benefits from excellent freeway exposure and strong daily traffic counts, providing outstanding visibility for future retail, mixed-use, or commercial development.
Located directly adjacent to the 100+ acre Shops at RedBird redevelopment, a $250M+ project anchored by UT Southwestern, Parkland Health, and Children’s Health, the property is surrounded by major institutional investment and growing multifamily density.
With strong frontage, regional connectivity, and proximity to a rapidly transforming retail corridor, the site presents a compelling opportunity for high-profile redevelopment or adaptive reuse with long-term value creation.
Strategically positioned at the intersection of S Westmoreland Rd and I-20, the site benefits from excellent freeway exposure and strong daily traffic counts, providing outstanding visibility for future retail, mixed-use, or commercial development.
Located directly adjacent to the 100+ acre Shops at RedBird redevelopment, a $250M+ project anchored by UT Southwestern, Parkland Health, and Children’s Health, the property is surrounded by major institutional investment and growing multifamily density.
With strong frontage, regional connectivity, and proximity to a rapidly transforming retail corridor, the site presents a compelling opportunity for high-profile redevelopment or adaptive reuse with long-term value creation.
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 117,238 SF |
| Status | Active | Total Land Area | 24.93 AC |
| Number of Properties | 3 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 117,238 SF |
| Total Land Area | 24.93 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Former Home Depot
7401 S Westmoreland Rd, Dallas, TX 75237 |
Retail | 71,842 SF | 1984 | - |
| 7401 S Westmoreland Rd, Dallas, TX 75237 | Retail | 26,200 SF | 1984 | - |
| 7453-7499 S Westmoreland Ave, Dallas, TX 75237 | Retail | 19,196 SF | 1984 | - |
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