St. Valentine, Switch & Alania Med Grill Retail FOR SALE


Dallas, TX - Knox Henderson
$4,058,000 USD
214-960-2887
, Dallas, TX for Sale
$4,058,000 USD
Retail - FOR SALE
1/15
null | 6.35% Cap Rate

St. Valentine, Switch & Alania Med Grill
Dallas, TX
Knox Henderson


HIGHLIGHTS

  • Multi-Tenant Asset at Hard Corner Location at Prairie & Bryan in High Growth East Dallas Community
  • Walking Distance to Jimmy's Food Store & Numerous New Townhome/Multifamily Developments Including The Flynn, The Collection at Live Oak & Others
  • Average Lease Expiration of November 2030 & Average Rents of $33.19 PSF NNN
  • All Three (3) Tenants Have Annual Rent Increases & Beautiful Interior Finish Out
  • 70 On Site Parking Spaces with Multiple Ingress/Egress Points
  • Approximately 2,000 New Residential Units Planned, Under Construction or Recently Built in East Dallas (Dallas Morning News)

OVERVIEW

SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire Saint Valentine, Switch Fitness & Alania Mediterranean (the “Property”), a fully leased, urban infill, multitenant retail center with significant parking located on Bryan Street in the heart of the historical Old East Dallas neighborhood. The Property is 100% leased to a complimentary mix of bar, restaurant, and fitness tenants with rents averaging $33.36 PSF NNN. Bryan & Fitzhugh Retail benefits from strong demographics in which average household income exceeds $159,000 and $150,200 in three and five-mile radii, respectively.

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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