1400 W Davis St - Storefront FOR SALE
Dallas, TX 75208 |
1400 W Davis St
Dallas, TX 75208
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
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
12430
STORIES
1
YEAR BUILT
1937
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
00000260272000000
