610 E Jefferson Blvd 8,250 SF 100% Leased Retail Building Dallas, TX 75203 $5,779,117 CAD ($700.50 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Hard corner location 1 block North of the new I-35 Deck Park and the Dallas Zoo, which brings in over 1 million visitors annually
- Easy access to I-35E, which carries over 202,000 VPD
- The shopping center has a dedicated parking field which is rare for this trade area
- More than 168,000 people within a three-mile radius with average household incomes in excess of $107,000
- Rapidly revitalizing trade area with several developments/redevelopments planned and underway
- There is a combined total of over 2,700 students within .25 miles of the site
EXECUTIVE SUMMARY
• Hard corner location 1 block North of the new I-35 Deck Park and the Dallas Zoo, which brings in over 1 million visitors annually
• More than 168,000 people within a three-mile radius with average household incomes in excess of $107,000
• Easy access to I-35E, which carries over 202,000 VPD
• Rapidly revitalizing trade area with several developments/redevelopments planned and underway
• The shopping center has a dedicated parking field which is rare for this trade area
• There is a combined total of over 2,700 students within .25 miles of the site
• More than 168,000 people within a three-mile radius with average household incomes in excess of $107,000
• Easy access to I-35E, which carries over 202,000 VPD
• Rapidly revitalizing trade area with several developments/redevelopments planned and underway
• The shopping center has a dedicated parking field which is rare for this trade area
• There is a combined total of over 2,700 students within .25 miles of the site
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
8,250 SF
Building Class
C
Year Built
2011
Price
$5,779,117 CAD
Price Per SF
$700.50 CAD
Cap Rate
6.25%
NOI
$361,195 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.70 AC
Zoning
Z248
Parking
35 Spaces (4.24 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 003088010501A0000 | Improvements Assessment | $1,135,747 CAD |
| Land Assessment | $1,087,549 CAD | Total Assessment | $2,223,296 CAD |
