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Downtown Retail Buildings with Square Frontage
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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 Market51

Property Features for 1109 S Broadway

General Information

Standard status Active
Size 8,800 SF
Property subtype Retail
Listing Agency: Hudson Peters Commercial
Listed By: Michelle Hudson · License #TX 629153
Source: Crexi
Added: Jun 15 Changed: Jul 10 Last Checked: Aug 4 at 12:42PM

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 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.

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 For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $212.3k $24.12
− Vacancy −$10.2k −$1.16
EGI $202.1k $22.96
− OpEx −$60.6k −$6.89
NOI $141.4k $16.07
8,800 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.02M
$1.77M – $2.36M (±1% cap)
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 (±1% cap)
NOI $151,551 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A Hipster's Paradise - Carrollton ... Arcade & Gaming Center The Finishing Touch Antique ... Home Decor Store Just Junk Home Decor Store

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Grocery & Convenience Store Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,165
Businesses Nearby

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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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
(214) 389-3663 Call to check price and availability
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