Richard Falk - Commercial Real Estate Showcase

Richard Falk Property Listings
Richard Falk
1875 Century Park E Suite 600
Los Angeles, CA 90067
(310) 228-0040

2019 N Masters Drive - Bruton Masters Shopping Center - formerly Kroger Supermarket

Dallas, TX 75217-3148 - Pleasant Gr/SE Dallas Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1984
Building Size:44,828 SF Land Area:3.97 AC (172,933 SF)
For Sale Price:$2,250,000 Price/SF:$50.19
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 3.36/1,000 SF
Features:Air Conditioning, Common-area parking only, Pylon Sign, Signage

Sale Notes:
The subject property is a 44,828 square foot single tenant retail building with potential for expansion, and is zoned for up to 4 stories. It has excellent street front visibility. The structure, with its abundant parking, is situated on about 4 acres of land. The center itself is on approximately 9 acres, with more parking. Significant construction and development has recently taken place in the vicinity, and the county of Dallas has approved the area for substantial tax incentives for commercial developments. Ideal for SUPERMARKET, RETAIL, WHOLESALE, CHURCH, BANQUET FACILITY, INDOOR SWAP MEET, SCHOOL, MEDICAL OFFICES, DISTRIBUTION CENTER, etc. Will consider partial, short term seller financing.

It is located at the intersection of two major arteries, Bruton Rd. and Masters Dr., and is in a relatively densely populated residential area (predominantly Hispanic), about 12 miles southeast of the central downtown Dallas area. There is also a 7-Eleven with gas located within the Center.

Richard Falk
Richard Falk
(310) 228-0040

Callahan Properties
Rick Callahan
(214) 328-5775

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