Listing Agency: The Weitzman Group | Dallas k***@weitzmangroup.com Show Phone

Listed By: Kevin Butkus · License #TX 704178 Show Phone

Source: Weitzmangroup

Added: Apr 8 Changed: Aug 9 Last Checked: Aug 22 at 4:27AM

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Investment Insights

Based on property information with market context.

This freestanding Class A building presents an opportunity for a new business concept. The property is located in a mixed-use district, providing flexibility for various business types. It serves as a key retail intersection for the surrounding neighborhoods, which encompass a population of 100,000 people within a 3-mile radius. The property size is 12900 square feet.

Key Highlights

• Freestanding Class A building.
• Strong trade area with 100,000 people within 3 miles.
• Zoned mixed use district.

Property Analytics

Property Profile

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods Bakery

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

132k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Home Improvements & Furnishings 28% Shops & Services 21%

Lowe's Home Improvements & Furnishings

36,586 visits/mo 0.3 miles

Chick-fil-A Dining

27,902 visits/mo 0.3 miles

Starbucks Dining

15,797 visits/mo 0.3 miles

SONIC Drive In Dining

11,745 visits/mo 0.3 miles

PetSmart Shops & Services

10,611 visits/mo 0.3 miles

Demographics for 75234, TX

33,216

Population

13,775

Households

2.4

Avg Household Size

37

Median Age

42%

College-Educated

82%

High-School Grad

10.2 sq mi

ZIP Area

3,256

Density / Sq Mi

$86,585

Median Household Income

$45,319

Median Earnings

$1,730

Median Rent

$314,300

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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Class A building in mixed-use district serving key retail intersection.

Where is this storefront property located?

The property is located at 2899 FOREST LANE Dallas, TX.

What are key features of this property?

This property features: Freestanding Class A building.; Strong trade area with 100,000 people within 3 miles.; Zoned mixed use district.