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Bryan & Fitzhugh Retail 2 Retail Properties Offered at $5,901,867 CAD in Dallas, TX
Investment Highlights
- Multi-Tenant Asset at Hard Corner Location at Prairie & Bryan in High Growth East Dallas Community
- Average Lease Expiration of November 2030 & Average Rents of $33.19 PSF NNN
- 70 On Site Parking Spaces with Multiple Ingress/Egress Points
- Walking Distance to Jimmy's Food Store & Numerous New Townhome/Multifamily Developments Including The Flynn, The Collection at Live Oak & Others
- All Three (3) Tenants Have Annual Rent Increases & Beautiful Interior Finish Out
- Approximately 2,000 New Residential Units Planned, Under Construction or Recently Built in East Dallas (Dallas Morning News)
Executive Summary
SHOP Investment Sales has been exclusively retained to offer the opportunity to acquire 4800, 4806, & 4812 Bryan Street, Dallas, TX (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 $33.19 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.
Property Facts
| Price | $5,901,867 CAD | Number of Properties | 2 |
| Price / SF | $764.00 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 7,725 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.46 AC |
| Status | Active |
| Price | $5,901,867 CAD |
| Price / SF | $764.00 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,725 SF |
| Total Land Area | 1.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4812 Bryan St, Dallas, TX 75204 | Retail | 4,880 SF | 1972 | - |
| 4800 Bryan St, Dallas, TX 75204 | Retail | 2,845 SF | 2000 | - |
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