Flex Space with Storefront
3004 Commerce Street Dallas, TX 75226
3004 Commerce Street, Dallas, TX, 75226
$2,200,000
For Sale
$2,200,000
Flexible space with exposed brick, full storefront windows, and semi-dock loading for retail or creative office use.
Property Size6,250 SF
Price / SF$352
Days on Market39
Property Features for 3004 Commerce Street
General Information
- Standard status
- Active
- Size
- 6,250 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1941
Listing agency
Trinity Southwest
(214) 663-4218
Listed by
Patrick Hunt
(214) 663-4218
Source
Signaturere
Added: Jun 13 Updated: Jul 10 at 4:00PM Checked: Jul 19 at 5:06AM
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 Trinity Southwest
Investment Insights
Based on property information with market context.
This flex-style property features exposed brick interiors and wood-decked ceilings, complemented by full storefront windows that bring in abundant natural light. The layout is designed to support multiple concepts, with both visual-facing storefront frontage and warehouse-oriented improvements. Operational functionality includes a grade-level door and semi-dock loading, along with approximately 18' clear height to accommodate a range of tenants and production or display setups.
Located in the heart of Deep Ellum, the property’s street-facing retail character aligns with uses that benefit from walk-in traffic and an immediately visible presence. Full storefront windows create a clear customer-facing frontage, while the semi-dock loading and clear height support light industrial, showroom, or mixed live/work needs.
The combination of storefront presentation and practical loading make this property a strong fit for retailers, showroom operators, creative offices, or live-work tenants seeking a flexible floor plan. The exposed-brick, character-rich interior can support both open collaboration and product display, while the loading features help reduce friction for deliveries and day-to-day operations.
Located in the heart of Deep Ellum, the property’s street-facing retail character aligns with uses that benefit from walk-in traffic and an immediately visible presence. Full storefront windows create a clear customer-facing frontage, while the semi-dock loading and clear height support light industrial, showroom, or mixed live/work needs.
The combination of storefront presentation and practical loading make this property a strong fit for retailers, showroom operators, creative offices, or live-work tenants seeking a flexible floor plan. The exposed-brick, character-rich interior can support both open collaboration and product display, while the loading features help reduce friction for deliveries and day-to-day operations.
Key Highlights
- Built in 1941 with exposed brick interiors and wood‑decked ceilings
- Full storefront windows designed to bring in natural light
- Grade‑level door plus semi‑dock loading for flexible access
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 | $150.8k | $24.12 |
| − Vacancy | −$7.1k | −$1.13 |
| EGI | $143.7k | $22.99 |
| − OpEx | −$43.1k | −$6.90 |
| NOI | $100.6k | $16.09 |
6,250 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,565 @ 7.0% cap · market cap 4.57%
Second Best
Flex RnD
$783.5K
$685.6K – $914.1K
NOI $54,844 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M
NOI $524,964 @ 7.0% cap · market cap 23.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Flexible space with exposed brick, full storefront windows, and semi-dock loading for retail or creative office use.
Where is this flex space located?
The property is located at 3004 Commerce Street Dallas, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Built in 1941 with exposed brick interiors and wood‑decked ceilings; Full storefront windows designed to bring in natural light; Grade‑level door plus semi‑dock loading for flexible access
