214-545-6962
1400-1408 W Davis St, Dallas, TX for Sale
Retail - FOR SALE
1/6
null | Request Cap Rate

1400-1408 W Davis St
Dallas, TX 75208
Bishop Arts District


HIGHLIGHTS

  • Significant Anchor Re-Leasing Upside: Family Dollar’s lease expires in June 2029, with below market rents and no renewal options available.
  • 100% Leased Retail Strip Center: 12,430 SF fully occupied by three tenants: Family Dollar (anchor, 66.6% of GLA), Tienda la Campina, and a Smoke Shop
  • Highly Desirable Urban Infill Location: Located in a densely populated Dallas neighborhood with strong demand drivers and limited competing supply.
  • Predictable Value-Add Opportunity: Projected Year 6 NOI of $403,374 with potential reversion value of $5.2M (based on a 7.75% cap)
  • Prime Location with Excellent Connectivity: Strategically situated southwest of Downtown Dallas, the property offers easy access to Downtown & Uptown

OVERVIEW

1400 - 1408 West Davis Street (the “Property”) is a 12,430 square foot, single-story retail building located in the heart of North Oak Cliff, just west of the Bishop Arts District in Dallas, Texas. Positioned on a 0.43-acre lot with prominent frontage along W Davis Street (State Highway 180), the Property offers strong visibility and easy access in a high-traffic corridor surrounded by established residential neighborhoods and walkable local amenities. The Property benefits from a central location with convenient access to major Dallas thoroughfares, including Interstate 30, Interstate 35E, and key urban districts such as Bishop Arts, Downtown, and Kessler Park. Originally constructed in 1937 and well-suited for retail or service-oriented tenants, the site presents a rare opportunity for repositioning or long-term hold in one of the city's most dynamic submarkets. 1400 West Davis Street represents a compelling value-add or owner-user opportunity within a rapidly evolving part of Dallas. With increasing demand from tenants seeking well-located, infill retail space, the Property offers upside potential through leasing, redevelopment, or adaptive reuse strategies.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

CROSS STREETS

Edgefield Ave

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

PD

APN/PARCEL ID

00000260272000000

ASK ABOUT THIS PROPERTY

John David CobbEDGE Realty Capital MarketsMore Info
214-545-6962

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John David CobbEDGE Realty Capital MarketsMore Info
214-545-6962

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.