Contacts

SRS Real Estate Partners

SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 13,550 SF
- Lot Size 1.89 Acre
- Year Built 1950
- Date Updated May 16, 2025
SRS National Net Lease Group is pleased to present a premier redevelopment opportunity in the heart of Dallas, Texas. This offering includes the fee-simple interest (land and building ownership) in a strategically positioned property with existing absolute NNN retail tenancy, providing investors with stable interim income during the planning and entitlement phase. The property’s PD zoning designation unlocks significant upside potential, specifically accommodating multifamily or townhome development. With flexible zoning already in place, investors and developers have the opportunity to capitalize on the thriving residential market demand in this dynamic urban corridor. In the near term, investors benefit from secure cash flow with zero landlord responsibilities under an absolute NNN lease structure, currently featuring more than 8 years remaining and additional renewal options. Annual rent escalations and FMV adjustments further strengthen interim cash flow and offer protection against inflation, providing an attractive holding scenario during the entitlement and pre-development period. This unique offering represents a compelling covered land play, ideal for visionary developers seeking to capture long-term value through residential redevelopment in one of Dallas’s most sought-after neighborhoods.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Dallas, TX
- Neighborhood Fort Worth Ave
- Zip Code 75208
- Market Dallas Fort Worth
Points of Interest
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Beckley
1.04 miles
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Oakenwald
1.12 miles
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Greenbriar
1.16 miles
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6th Street
1.37 miles
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Union Station
1.39 miles
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West End
1.63 miles
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Bishop Arts
1.64 miles
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Victory
1.66 miles
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Akard
1.93 miles
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Saint Paul & McKinney
2.01 miles
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7-Eleven
0.37 miles
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Tesla Supercharger
1.42 miles
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Gulf
1.47 miles
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Shell
1.57 miles
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Exxon
1.58 miles
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Perot Museum of Nature and Science
1.74 miles
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eVgo
2.93 miles
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Tesla Destination Charger
3.88 miles
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Clay Cooley Nissan Irving
7.45 miles
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SLPS Community Center
7.79 miles
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Lot 9
0.76 miles
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Lot 8
0.83 miles
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Lot 7
0.87 miles
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Lot 10
0.89 miles
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Emergency Parking
0.90 miles
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Pavilion II
0.93 miles
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Pavilion III
0.94 miles
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Dallas County Parking Garage C
1.11 miles
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Dallas County Parking Garage D
1.18 miles
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333 N. Houston St. - Holocaust and Human Rights Museum Garage
1.45 miles
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Chicken Scratch Cafe
0.05 miles
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Banh Mi Station
0.34 miles
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Tacqueria Cordova
0.48 miles
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Off-Site Kitchen
0.50 miles
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Holy Crust
0.53 miles
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Sum Dang Good Chinese
0.53 miles
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Beto & Son
0.54 miles
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Saint Rocco's New York Italian
0.55 miles
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Babb Bros. BBQ & Blues
0.58 miles
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Jimmy John's
0.98 miles
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Next Exit Logistics
0.42 miles
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Jerry's Super Market
1.01 miles
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The Weed Spot
1.60 miles
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Shops at Bank of America
1.73 miles
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Tom Thumb
1.87 miles
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Fiesta
1.91 miles
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Jerry's Supermarket
2.01 miles
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La Michoaca
2.03 miles
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ALDI
2.05 miles
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Urban Market
2.09 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.