Downtown Retail Buildings with Square
For Sale
Contact for pricing
1109 S Broadway, Carrollton, TX 75006
Two connected retail buildings offer extensive square-facing frontage for a range of storefront uses in Carrollton.
Property Size8,800 SF
Price / SF$230
Days on Market143
Property Features for 1109 S Broadway
General Information
Standard status
Active
Size
8,800 SF
Total Parking Spaces
24
Property subtype
Retail
Investment Type
Owner/User
Building Details
Buildings
2
Tenancy
Single
Listing Agency:
Hudson Peters Commercial
Listed By:
Michelle Hudson · License #TX 629153
(214) 534-0226
Source:
Crexi
Added: Jun 15
Changed: Oct 25
Last Checked: Nov 3 at 3:50AM
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
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Investment Insights
Based on property information with market context.
This offering includes approximately 8,800 SF of retail space across two buildings. The larger building provides more than 100 feet of frontage directly facing the square, creating strong street-level exposure for customer-facing operations. The smaller building can function independently or be used together with the Broadway property, offering flexibility for a single user seeking additional space or for different tenants.
The property is positioned in the heart of the Carrollton area, with the larger structure oriented toward the square. Public remarks note this as the first time available in over 30 years, which may appeal to buyers looking for established downtown retail space. The buildings’ combined setup supports a variety of retail configurations depending on how the space is occupied.
For prospective tenants, the frontage emphasis and storefront-oriented layout are practical for businesses that rely on walk-in traffic and visibility. For buyers and investors, the ability to use the smaller building separately or in conjunction with the larger building can support flexible occupancy strategies, while maintaining the consistent retail character of the overall property.
The property is positioned in the heart of the Carrollton area, with the larger structure oriented toward the square. Public remarks note this as the first time available in over 30 years, which may appeal to buyers looking for established downtown retail space. The buildings’ combined setup supports a variety of retail configurations depending on how the space is occupied.
For prospective tenants, the frontage emphasis and storefront-oriented layout are practical for businesses that rely on walk-in traffic and visibility. For buyers and investors, the ability to use the smaller building separately or in conjunction with the larger building can support flexible occupancy strategies, while maintaining the consistent retail character of the overall property.
Key Highlights
- 8,800 SF of retail space in the heart of the Carrollton area
- Larger building offers 100'+ of frontage directly facing the square
- Two connected retail buildings with storefront frontage for a range of uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,447
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,828,940
$2.8M
Cap Rate 7%
$2,020,671
$2.0M
Cap Rate 9%
$1,571,633
$1.6M
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$212.3K $24.12/SF
− Vacancy
−$10.2K −$1.16/SF
EGI
$202.1K $22.96/SF
− OpEx
−$60.6K −$6.89/SF
NOI
$141.4K $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 Rate 5%
$2,828,940
Cap Rate 7%
$2,020,671
Cap Rate 9%
$1,571,633
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,447 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.17M
$1.89M – $2.53M
NOI $151,551 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two connected retail buildings offer extensive square-facing frontage for a range of storefront uses in Carrollton.
Where is this retail space located?
The property is located at 1109 S Broadway Carrollton, TX.
What is the asking price?
The asking price for this property is $2,024,000.
What are key features of this property?
This property features: 8,800 SF of retail space in the heart of the Carrollton area; Larger building offers 100'+ of frontage directly facing the square; Two connected retail buildings with storefront frontage for a range of uses
