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Ross Ave Retail Center 3510 Ross Ave

8,251 SF Retail Building Dallas, TX 75204 For Sale

Investment Highlights

  • Net Operating Income: $347,581 | Contact Brokers for Pricing
  • All NNN Leases | 8,251 Rentable SF | Situated on 0.47 AC
  • Proximate to Multiple New Class A Multifamily and Town Home Complexes
  • Urban Core Multi-Tenant Retail Asset | Prime Ross Avenue Location
  • Strong Mix of Experiential Retail Tenants | Staggered Lease Turnover
  • Convenient Access to North Central Expressway, Downtown Dallas, Greenville Ave, & Lakewood

Executive Summary

Marcus & Millichap proudly presents 3510 Ross, an 8,251-square-foot premier infill retail property located at 3510 Ross Avenue in Dallas, Texas. Recently renovated in 2024, this property is leased with a diverse mix of experiential retail tenants, including a ghost kitchen, nail salon, and CBD shop. Strategically positioned on the Ross Avenue corridor, it is close to several new Class A multifamily and townhome developments. The rapidly improving demographics in the Ross Avenue submarket make this a strong investment opportunity for future generations.
Dallas, Texas, is renowned as the leading commercial real estate investment market in the United States. Old East Dallas, particularly the Ross Avenue corridor, is seen by many investors as the next major growth area in Dallas-Fort Worth. Ross Avenue serves as a key artery connecting downtown Dallas to Old East Dallas, Lower Greenville, and Lakewood. This high traffic volume has spurred a surge in new developments in the area. Developers are actively targeting this market with a wave of multifamily and retail projects to meet the growing demand from new residents. With lower rents and overall development costs compared to Uptown, and easy access to Downtown and major freeways, what was once a peripheral area is now a central hub. Advances in transportation technology have reduced commuting time and costs, providing residents with more freedom and options.
The property is situated in a robust multifamily, retail, and restaurant corridor with excellent traffic counts exceeding 40,000 vehicles per day on Ross Avenue. Overall, 3510 Ross offers a rare opportunity for a new investor to acquire a generational, income-producing asset in one of Dallas’s most rapidly evolving corridors. Acquiring 3510 Ross positions an investor to capitalize on rising rents in this market. With over 2,600 new Class A multifamily units and new townhome constructions, there is a significant shift in demographics and household income. Currently, the average household income within a three-mile radius of the property exceeds $122,000.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,251 SF
Building Class
C
Year Built/Renovated
1947/2024
NOI
$488,838 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Land Acres
0.47 AC
Zoning
PD 298 (Subarea 1) - PD 298 (Subarea 1)
Parking
25 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
161 ft on Mccoy Pl

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,300-2,549 SF
  • Retail
  • -
  • Now

Availability: 1,300 SF - 2,549 SF [Divisible]

Space Size Space Use Position Available
1st Floor 1,300-2,549 SF Retail - Now

1st Floor

Size
1,300-2,549 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,300-2,549 SF
Space Use Retail
Position -
Available Now

Availability: 1,300 SF - 2,549 SF [Divisible]

Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Tom Thumb
Chase Bank
Yolk
Walmart Neighborhood Market
Cross Fit
UMB
Capital One
Pokéworks
HOTWORX

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000112213000000
Land Assessment
$1,417,876 CAD
Improvements Assessment
$1,392 CAD
Total Assessment
$1,419,268 CAD
  • Listing ID: 33780911

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 3510 Ross Ave, Dallas, TX 75204

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