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28970772
28970771

5429 E Grand Ave, Dallas, TX 75223

JS
TX TX: 664135-B, FL SL3568387
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
Unpriced
168 days on market
Updated 37 days ago

5429 E Grand

Details
Property Type Office, Retail
Sub Type Convenience Store, Storefront (+1)
Square Footage 3,375
Net Rentable (SqFt) 3,375
Units 1
Year Built 1923
Buildings 1
Acreage 0.100
Zoning RR
Ground Lease No
Ownership Fee Simple

New Price Improvement! | East Dallas Owner/User Opportunity | 3,375 Rentable-SF

Marketing description

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.

Investment highlights

  • New Price Improvement! | Contact Broker for Pricing Information

  • Rare East Dallas Retail Opportunity

  • 3,375 Rentable-SF

  • Prime E Grand Ave Traffic Counts (20,000 VPD)

  • Convenient Access to Interstate 30 (Traffic Counts Exceed 152,000 VPD)

  • Zoned Regional Retail (RR)

Listing Contacts

JS
TX TX: 664135-B, FL SL3568387
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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Additional Information

Name
Joe Santelli, CCIM
License
TX: 664135-B
Brokerage
Marcus & Millichap
Brokerage Phone
9727555282
Brokerage Address
5001 Spring Valley Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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