Listed by Partners - Austin, Partners
Unpriced
1200 Main St
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 13,088
NOI $388,050
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Year Built 2007
Stories 1
Investment Type Core+
Ownership Condo
Retail | 13,088 SqFt
Marketing description
Partners is pleased to offer for sale the entire first floor of 1200 Main — a 13,088-square-foot, 100% leased retail condominium in the heart of Downtown Dallas. The street-level presence captures daily traffic from surrounding office, residential, and hospitality density — driving consistent tenant performance and long-term desirability.
The asset is occupied by five complementary tenants on primarily NNN and modified-gross structures. Lease maturities ladder from 2028 through 2031 with built-in escalations — immediate yield with organic NOI growth. Full financial detail provided under executed CA.
Investment highlights
- TROPHY DOWNTOWN DALLAS ADDRESS - 1200 Main sits at the geographic and pedestrian core of the Dallas CBD — exceptional visibility, walkability, and a built-in daytime population that anchors retail demand
- 100% LEASED · DIVERSIFIED CASH FLOW - Five complementary tenants across convenience, food, beauty, and service — with no single tenant occupying more than ~24% of GLA. Income is well-balanced and insulated from single-tenant exposure.
- NECESSITY-DRIVEN TENANT MIX - 7-Eleven, WingBucket, New York Nails & Spa, Twisted Trompo, and Ravenna Italian Grille & Bar — daily-needs and high-frequency uses that drive repeat visits and steady consumer demand.
- NNN CASH FLOW WITH ORGANIC GROWTH - Primarily NNN and NN structures minimize landlord expense risk; built-in escalations through 2028–2029 provide organic NOI growth without re-tenanting risk in the near term.
- IRREPLACEABLE LOCATION · BUILT 2007 - Modern construction at a downtown corner that cannot be replicated at this basis.
Listing Contacts
Listed by Partners - Austin, Partners
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$388,050.00
$32,337.50/mo
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Zoning
PD-619 PlannedPlanned Development District 619
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