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32931398
32931392

2817 Live Oak St, Dallas, TX 75204

WW
TX TX 596941
DUWEST
BP
TX TX 538293
DUWEST
JT
TX 792098
DUWEST
MB
TX 711586
DUWEST
GT
TX TX 836901
DUWEST
AS
TX 700062
DUWEST
Listed by DUWEST
$3,348,000
55 days on market
Updated 15 days ago

Live Oak & Liberty Retail Shops

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 7,084
Cap Rate 6.65%
NOI $222,612
Occupancy 100%
Tenancy Multi
Lease Type NNN
Buildings 1
Acreage 0.232
Investment Type Stabilized

Core Infill Dallas Multi-Tenant Retail

Marketing description

DuWest Realty Investment Services has been exclusively retained to present the opportunity to sell Live Oak & Liberty Retail Shops ("The Property"), a 7,084 SF (.232 acres) shopping center in core Dallas, directly adjacent to the CBD. The center is 100% occupied with Tenant mix featuring a variety of service-oriented and internet-resistant tenants. The Property is located at the intersection of Live Oak and Liberty Street in an A+ location by downtown Dallas, Deep Ellum and the Baylor Medical Center district.

Ideally located in Dallas' dense business corridor, the Property is positioned amongst embedded residential office, medical & entertainment districts. Within one mile of the property is The Epic, featuring three buildings including 251,606 SF office s pace, the Pittman Hotel, The Hamilton residential building, and 18,000 square feet of high-end retail. Other notable market drivers are Baylor Hospital (5,000 employees) and the famed entertainment district Deep Ellum (40 Square Blocks featuring 50 restaurants, bars & music venues).

The acquisition of 2817 Live Oak Retail offers investors a unique core investment featuring embedded rent growth and fair market value options. With limited retail in the submarket, the tenants benefit from a lack of retail options and strong density within walking distance. As a covered land play with a stable going in return, this investment presents buyers with an excellent long-term investment.

Investment highlights

  • Fully Stabilized with Contractual Rental Increases
  • 100% Occupied, Core-Dallas Infill Retail
  • 330,000 Daytime Population Within 3 Miles
  • Close Proximity to Baylor Universtity Medical Center (5,000 Employees) and Downtown Dallas
  • True Neighborhood Retail Featuring mix of Service and Internet Resistant Tenants

Listing Contacts

WW
TX TX 596941
DUWEST
BP
TX TX 538293
DUWEST
JT
TX 792098
DUWEST
MB
TX 711586
DUWEST
GT
TX TX 836901
DUWEST
AS
TX 700062
DUWEST
Listed by DUWEST

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$222,612.00
$18,551.00/mo

Valuation Metrics

0
DSCR
6.65%
Cap Rate
6.65%
ROI

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Additional Information

Name
Will Walters
License
TX 596941
Brokerage Phone
2146753665
Title
TX
Name
Bill Pyle
License
TX 538293
Name
Josie Trent
License
792098
Name
Matt Banas
License
711586
Brokerage
DuWest Realty
Brokerage Phone
(214) 720-0004
Brokerage Address
4403 N Central Expy
Name
Griffin Till
License
TX 836901
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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