Midway & Alpha Retail
100% Lease Guaranteed by Origin Bank until 2031
Marketing description
This exceptional retail property is located at the highly trafficked intersection of Midway and Alpha Road in the affluent Farmers Branch area of Dallas, Texas. The property features a 7,333 square foot building situated on 1.4795 acres with a drive-through and ample parking. Originally constructed in 2006 as a bank, the building is currently leased to Origin Bank with a sublease to Neurodivergent Center of America Texas, LLC, operating as play-based ABA therapy. The lease is guaranteed by Origin Bank through August 31, 2031, with a significant rent increase of 7.5% scheduled for September 2026. The signalized intersection location provides exceptional visibility with over 60,000 vehicles per day, while the surrounding area benefits from average home values of $535,211 within 1 mile and close proximity to elite private schools including Parish Episcopal School and Greenhill School.
Investment highlights
- Current lease guaranteed by Origin Bank until 2031
- Current tenant is sublease of Origin Bank, operating as play-based ABA therapy
- Rent Increase of 7.5% starting September 2026 to $215,000
- Signalized intersection sees over 60,000 VPD
- Average Home Values of $535,211 within 1 miles of The Property
- Limited retail supply and high demand to cater to the area's affluent demographics
- Close proximity to elite private school corridor - Parish Episcopal (0.4 mi) and Greenhill School (0.9 mi)
- Includes a drive through and ample parking
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