434-450 E Highway 67 - Retail FOR SALE


Duncanville, TX 75137
$2,677,950 USD
503-880-7434
434-450 E Highway 67, Duncanville, TX for Sale
$2,677,950 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

434-450 E Highway 67
Duncanville, TX 75137


OVERVIEW

- Rare true value-add opportunity with the shopping center being 27% occupied and attractively priced at $150 PSF, which is significantly below replacement value - Located at a high traffic intersection with more than 116,000 VPD as well as benefitting from a diamond interchange along Hwy 67 - Strong demos with more than 93,000 people within a three-mile radius with average household incomes in excess of $94,000 - Located along the primary retail corridor for Duncanville with Costco, WinCo Foods, Joe V's Smart Shop, EOS Fitness, Starbucks, Chick-fil-a, Whataburger, Wells Fargo and many more - Note: new city ordinance requires fire sprinkling for the property. Long standing owner paused leasing in the hopes the ordinance would be overturned. Ownership has now decided to sell the property

FOR SALE DETAILS

PRICE

$2,677,950 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Danieldale Crossing

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

LR2, Duncanville

APN/PARCEL ID

22131500000020000

ASK ABOUT THIS PROPERTY

Lawrence WilsonVenture Commercial Real EstateMore Info
503-880-7434

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Lawrence WilsonVenture Commercial Real EstateMore Info
503-880-7434

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