Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Sits at the geographic and pedestrian core of the Dallas CBD — exceptional visibility, walkability, and a built-in daytime population.
  • Current tenants: 7-Eleven, WingBucket, New York Nails & Spa, Twisted Trompo, and Ravenna Italian Grille & Bar.
  • Modern construction at a downtown corner that cannot be replicated at this basis.
  • Five complementary tenants across convenience, food, beauty, and service.
  • Primarily NNN and NN structures minimize landlord expense risk.

Executive Summary

1200 Main Street in Dallas, TX, known as The Metropolitan, is a condominium property located in the central business district. It sits on approximately 1.03 acres and carries zoning Z21. The building functions as a storebuilding use classified under Dallas County records, though converted for residential condominiums with multiple active MLS listings. The property is within the Dallas-Fort Worth metropolitan statistical area and surrounded by major commercial and residential developments. Regional access is supported by proximity to I-30, I-35E, and US-75, as well as connectivity to DART public transit lines. The lot lies in a flood zone categorized as B and X, indicative of minimal to moderate flood hazards.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 13,088 SF
  • Retail
  • Upon Request
  • $533,502.78 CAD
Sale Type Investment
APN/Parcel ID 00C46200000000201
Sale Notes
Partners is pleased to offer for sale the entire first floor of 1200 Main — a 13,088-square-foot, 100% leased retail condominium in the heart of Downtown Dallas. The street-level presence captures daily traffic from surrounding office, residential, and hospitality density — driving consistent tenant performance and long-term desirability.

The asset is occupied by five complementary tenants on primarily NNN and modified-gross structures. Lease maturities ladder from 2028 through 2031 with built-in escalations — immediate yield with organic NOI growth. Full financial detail provided under executed CA.
Unit Unit Size Condo Use Price NOI
Unit 1 13,088 SF Retail Upon Request $533,502.78 CAD

Unit 1

Unit Size
13,088 SF
Condo Use
Retail
Price
Upon Request
NOI
$533,502.78 CAD

Unit 1

Unit Size 13,088 SF
Condo Use Retail
Price Upon Request
NOI $533,502.78 CAD
Sale Type Investment
APN/Parcel ID 00C46200000000201
Sale Notes
Partners is pleased to offer for sale the entire first floor of 1200 Main — a 13,088-square-foot, 100% leased retail condominium in the heart of Downtown Dallas. The street-level presence captures daily traffic from surrounding office, residential, and hospitality density — driving consistent tenant performance and long-term desirability. <br> <br> The asset is occupied by five complementary tenants on primarily NNN and modified-gross structures. Lease maturities ladder from 2028 through 2031 with built-in escalations — immediate yield with organic NOI growth. Full financial detail provided under executed CA.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 391,236 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 25
Typical Floor Size 10,000 SF
Year Built 2007
Lot Size 1.04 AC
Parking Ratio 0.77/1,000 SF
Zoning CA/A

Amenities

Site Amenities

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Clubhouse
  • Concierge
  • Fitness Center
  • Pool
  • Property Manager on Site
  • Grill
  • Media Center/Movie Theatre
  • Bicycle Storage
  • Elevator
  • Lounge
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 103 - -
3+2 181 - -
Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Moderately bikeable
70/100
  • Listing ID: 40586764

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 1200 Main, Dallas, TX 75202

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}