2817-2827 Live Oak St - Storefront FOR SALE


Dallas, TX 75204- Cityplace
$3,348,000 USD
214-675-3665
2817-2827 Live Oak St, Dallas, TX for Sale
$3,348,000 USD
Storefront - FOR SALE
1/6
null | 6.65% Cap Rate

2817-2827 Live Oak St
Dallas, TX 75204
Cityplace


OVERVIEW

DuWest Realty Investment Services has been exclusively retained to present the opportunity to sell Live Oak & Liberty Retail Shops ("The Property"), a 7,084 SF (.232 acres) shopping center in core Dallas, directly adjacent to the CBD. The center is 100% occupied with Tenant mix featuring a variety of service-oriented and internet-resistant tenants. The Property is located at the intersection of Live Oak and Liberty Street in an A+ location by downtown Dallas, Deep Ellum and the Baylor Medical Center district. Ideally located in Dallas' dense business corridor, the Property is positioned amongst embedded residential office, medical & entertainment districts. Within one mile of the property is The Epic, featuring three buildings including 251,606 SF office s pace, the Pittman Hotel, The Hamilton residential building, and 18,000 square feet of high-end retail. Other notable market drivers are Baylor Hospital (5,000 employees) and the famed entertainment district Deep Ellum (40 Square Blocks featuring 50 restaurants, bars & music venues). The acquisition of 2817 Live Oak Retail offers investors a unique core investment featuring embedded rent growth and fair market value options. With limited retail in the submarket, the tenants benefit from a lack of retail options and strong density within walking distance. As a covered land play with a stable going in return, this investment presents buyers with an excellent long-term investment.

FOR SALE DETAILS

PRICE

$3,348,000 USD

PRICE/SF

$473 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Live Oak Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Z239

APN/PARCEL ID

00000106648000000

ASK ABOUT THIS PROPERTY

Will WaltersDUWESTMore Info
214-675-3665

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Will WaltersDUWESTMore Info
214-675-3665

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