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    154-166 Leslie St, Dallas, TX

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    21,850 SF building on 27,443 SF land.

    Type:RETAIL
    Property size:
    21,850 SF
    Lot size:
    0.63 Acres
    Price / SF:
    $219/SF
    Added:
    Mar 22, 2021
    Days on Market:
    1912
    Last Refresh:
    May 20 at 8:04 pm

    Property Features for 154-166 Leslie St

    General Information

    Standard status
    Active
    Size
    21,850 SF
    Lot size
    0.63 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Tanner Ewing
    Tanner Ewing

    Listing agent Tanner Ewing

    Listing office Ewing Properties Texas

    Listing date Mar 22, 2021

    Source Moodyscre

    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 Ewing Properties Texas

    HighLights

    • 21,850 sf building size
    • 27,443 sf land size
    • Property size

    Overview

    This property features a 21,850-square-foot building situated on a 27,443-square-foot lot.

    Local 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 $527.0k $24.12
    − Vacancy −$24.8k −$1.13
    EGI $502.3k $22.99
    − OpEx −$150.7k −$6.90
    NOI $351.6k $16.09
    21,850 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $5.02M
    $4.39M – $5.86M (±1% cap)
    NOI $351,576 @ 7.0% cap · market cap 7.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $26.22M
    $22.94M – $30.59M (±1% cap)
    NOI $1,835,274 @ 7.0% cap · market cap 38.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.821
    Latitude
    32.7878

    FAQs

    What type of property is this?
    Retail property - 21,850 SF building on 27,443 SF land.
    Where is this retail property located?
    The property is located at 154-166 Leslie St Dallas, TX.
    What is the asking price?
    The asking price for this property is $4,802,525.
    What are key features of this property?
    This property features: 21,850 sf building size; 27,443 sf land size; Property size
    (214) 952-4327 Call to check price and availability
    More about this property
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