Downtown Retail Storefront
For Sale
Contact for pricing
1108 & 1110 Main Street, Carrollton, TX 75006
Two adjacent Main Street storefronts totaling 2,660 SF offer a rare, longtime-available presence in Downtown Carrollton.
Property Size2,660 SF
Price / SF$307.89
Days on Market98
Property Features for 1108 & 1110 Main Street
General Information
Standard status
Active
Size
2,660 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Hudson Peters Commercial
Listed By:
Michelle Hudson · License #TX 629153
(214) 389-3663
Source:
Crexi
Added: Jun 15
Changed: Sep 6
Last Checked: Sep 19 at 9:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hudson Peters Commercial
Investment Insights
Based on property information with market context.
This offering presents two adjacent retail storefront spaces totaling 2,660 SF. Presented as first time available in over 30 years, the property includes 1108 and 1110 Main Street and is situated as a historic retail address in Downtown Carrollton. Please note that tenants are in place; viewings should be coordinated and occupants must not be disturbed.
The location is described as being on the Square in Downtown Carrollton, surrounded by a mix of retail, entertainment, dining, service, and living options. The surrounding center includes established anchors, including Babe's, Twisted Root, Cane Rosso, and 3 Nations Brewing.
For retailers, restaurateurs, and service operators seeking a prominent downtown footprint, the adjacency of the two storefronts can support a single expanded concept or separate uses, subject to tenant and operational needs. The property’s rare availability and established retail environment may appeal to an owner-operator or buyer looking to acquire a maintained retail presence in a well-known downtown node.
The location is described as being on the Square in Downtown Carrollton, surrounded by a mix of retail, entertainment, dining, service, and living options. The surrounding center includes established anchors, including Babe's, Twisted Root, Cane Rosso, and 3 Nations Brewing.
For retailers, restaurateurs, and service operators seeking a prominent downtown footprint, the adjacency of the two storefronts can support a single expanded concept or separate uses, subject to tenant and operational needs. The property’s rare availability and established retail environment may appeal to an owner-operator or buyer looking to acquire a maintained retail presence in a well-known downtown node.
Key Highlights
- Two adjacent Main Street storefronts totaling 2,660 SF
- Located on the Square in downtown Carrollton
- First time available in over 30 years
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,756
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$855,120
$855.1K
Cap Rate 7%
$610,800
$610.8K
Cap Rate 9%
$475,067
$475.1K
Market Conditions
NOI Build-Up for 2,660 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.2K $24.12/SF
− Vacancy
−$3.1K −$1.16/SF
EGI
$61.1K $22.96/SF
− OpEx
−$18.3K −$6.89/SF
NOI
$42.8K $16.07/SF
Area
Carrollton, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$855,120
Cap Rate 7%
$610,800
Cap Rate 9%
$475,067
Alternative Uses
Best Use
Retail
$610.8K
$534.5K – $712.6K
NOI $42,756 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$654.4K
$572.6K – $763.5K
NOI $45,810 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75006, TX
47,811
Population
19,549
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
83%
High-School Grad
17.1 sq mi
ZIP Area
2,796
Density / Sq Mi
$79,466
Median Household Income
$43,403
Median Earnings
$1,528
Median Rent
$296,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Nurseria tres palmas — 18 E Avenue I, Temple, TX 76504
Frequently Asked Questions
What type of property is this?
Storefront property - Two adjacent Main Street storefronts totaling 2,660 SF offer a rare, longtime-available presence in Downtown Carrollton.
Where is this storefront property located?
The property is located at 1108 & 1110 Main Street Carrollton, TX.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Two adjacent Main Street storefronts totaling 2,660 SF; Located on the Square in downtown Carrollton; First time available in over 30 years
