5429 E Grand Ave 4,000 SF Vacant Retail Building Dallas, TX 75223 For Sale

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Marcus & Millichap is pleased to exclusively present for sale 5429 E Grand, a premier retail investment opportunity located in Dallas, Texas. The subject property consists of 3,375 rentable square feet of retail space, ideal for a new dentist office, doctor's office, salon, and much more. This offering provides investors with the rare chance to acquire a well-positioned retail asset in East Dallas, a rapidly transitioning submarket proximate to major urban districts including Lakewood, Deep Ellum, Old East Dallas, and Fair Park. The property benefits from strong surrounding demographics and convenient access to key thoroughfares, offering excellent visibility and connectivity to the broader Dallas market. 5429 E Grand represents a compelling opportunity for investors seeking stable retail income in a dynamic location with long term growth potential.
The Dallas-Fort Worth metroplex is widely considered one of the top commercial real estate markets in the United States and one of the fastest-growing submarkets in the entire country. Notably a top job market, the Dallas-Fort Worth metroplex features 24 Fortune 500 company headquarters, eight Fortune Global 500 headquarters, and 49 Fortune 1,000 headquarters. The Metroplex has also ranked as the top market for year-over-year job growth, adding over 132,000 jobs in the past 12 months, a 3.3 percent annual increase.
The city of Dallas has also gained tremendous press lately with the recent introduction of the Texas Stock Exchange, which is backed by several Wall Street investment groups such as Black Rock, Citadel Securities, and many more. With the massive influx of corporate relocations of Fortune recognized companies and job growth, this has driven a tremendous amount of new residents to the Metroplex, further driving the need for additional housing and retail establishments to sustain this increased demand.