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    The Largest CRE Database in the US with Over 1 Million Listings

    6211 W Northwest Hwy Dallas, TX 75225

    Sponsored
    For Lease
    $1,750 /Mo

    Retail - Dallas, TX

    Type:Retail
    Lot size:
    4.26 Acres
    Days on Market:
    29
    Last Refresh:
    Feb 6 at 12:06 am

    Property Features for 6211 W Northwest Hwy

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    APN
    00C589500001C253B
    Parking features
    Assigned, Other, Underground/Basement
    Lot size
    4.26 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1966
    Flooring type
    Vinyl
    Architectural style
    Other

    We can help!

    Listing Contact
    Tina Leigh
    Tina Leigh

    Tina Leigh Realty (972) 824-0631

    Listing agent Tina Leigh (972) 824-0631 License #0456165

    Listing date Jan 9, 2026

    MLS# 21149988 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Salon Unit in Dallas

    This updated one-room salon unit is located in the iconic Preston Tower, a midcentury modern building constructed in 1966. The property features an inviting front drive-through entrance situated behind a fountain with sculpture, near the historic "Pink Wall" of 1954. The unit, available now, offers second-floor window views and includes a keyed entry door and plumbing sink(s), making it suitable for a stylist, barber, aesthetician, lash or nail technician, or wellness professional. The setup is similar to salon suites or work suites. The monthly rental rate includes utilities such as electricity, water, trash, sewer, and WiFi. Shared amenities include a waiting area, keyed entry doors to individual units and the main entry door, utility closets, first-floor security with 24-hour courtesy officers, gym, tennis court, and pool access with a courtyard and fire pit, as well as parking for tenants and clients. The property is within walking distance of Preston Center, Preston Hollow, and the Park Cities, with views of Park Cities Baptist Church. The location offers networking opportunities and foot traffic. The building houses 33 commercial business owners and tenants on the first and second floors, and approximately 350 residential condominium units on floors three and above. The property is situated on a 4.259-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    POGO SEMINARS INC: ... Dental Office Sense of Wellness Therapy- ... Alternative Medicine Practice Benefit Resource Group Insurance Agency Paradigm Wellness Medical ... Medical Group Hassan Parsa Salon Hair Salon

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.799915
    Latitude
    32.866227

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    FAQs

    What type of property is this?
    Retail space - Salon unit with utilities included in iconic Preston Tower.
    Where is this retail space located?
    The property is located at 6211 W Northwest Hwy Dallas, TX.
    What is the lease rate?
    The lease rate is $0.11 SF/Yr.
    What are key features of this property?
    This property features: - All utilities included in monthly rental rate (electricity, water, trash, sewer, WiFi).; - Access to building amenities: gym, tennis court, pool, courtyard, and fire pit.; - **Prime location: walking distance to Preston Center, Preston Hollow, and Park Cities.**
    (972) 824-0631
    Request Owner's contact information
    6211 W Northwest Hwy Dallas, TX 75225
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    Dallas, TX 75225
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6211 W Northwest Hwy Dallas, TX 75225
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    We can help!
    Listing Contact
    Tina Leigh
    Tina Leigh
    Real Estate License ID: 0456165
    (972) 824-0631
    Learn more
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