Retail Property at High-Traffic
For Sale
Contact for pricing
13601 Midway Road, Farmers Branch, TX 75244
Retail property with drive-through, leased to Origin Bank.
Property Size7,333 SF
Lot Size1.48 Acres
Price / SF$572.75
Days on Market156
Property Features for 13601 Midway Road
General Information
Standard status
Active
Size
7,333 SF
Class
A
Lot size
1.48 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Net
Investment Type
Value Add
Net Operating Income
$215,000
Building Details
Year Built
2006
Stories
1
Tenancy
Single
Listing Agency:
DUWEST
Listed By:
Will Walters · License #TX 596941
(214) 675-3665
Source:
Crexi
Added: May 15
Changed: Oct 7
Last Checked: Oct 16 at 6:37AM
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 DUWEST
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Investment Insights
Based on property information with market context.
This retail property is located at the intersection of Midway and Alpha Road in Farmers Branch, Dallas, Texas. Constructed in 2006, the 7,333 square foot building is situated on 1.4795 acres and features a drive-through and parking. The property is currently leased to Origin Bank, with a sublease to Neurodivergent Center of America Texas, LLC, operating as play-based ABA therapy. The lease is guaranteed by Origin Bank through August 31, 2031, and includes a 7.5% rent increase scheduled for September 2026. The signalized intersection provides visibility with over 60,000 vehicles per day. The surrounding area has average home values of $535,211 within 1 mile and is near Parish Episcopal School and Greenhill School.
Key Highlights
- Lease guaranteed by Origin Bank through August 31, 2031.
- Significant rent increase of 7.5% scheduled for September 2026.
- Located at a highly trafficked, signalized intersection with over 60,000 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,096
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,621,920
$2.6M
Cap Rate 7%
$1,872,800
$1.9M
Cap Rate 9%
$1,456,622
$1.5M
Market Conditions
NOI Build-Up for 7,333 SF
Gross rent
$183.0K $24.96/SF
− Vacancy
−$8.2K −$1.12/SF
EGI
$174.8K $23.84/SF
− OpEx
−$43.7K −$5.96/SF
NOI
$131.1K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,621,920
Cap Rate 7%
$1,872,800
Cap Rate 9%
$1,456,622
Alternative Uses
Best Use
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $131,096 @ 7.0% cap · market cap 3.12%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,716 @ 7.0% cap · market cap 2.90%
Theoretical Best
Multifamily LT 5
$87.90M
$76.91M – $102.55M
NOI $6,152,867 @ 7.0% cap · market cap 146.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,512
Businesses Nearby
189k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 23%
Electronics 22%
Home Improvements & Furnishings 9%
Best Buy
Electronics
38,068 visits/mo
0.4 miles
McDonald's
Dining
25,254 visits/mo
0.5 miles
Exxon
Shops & Services
18,464 visits/mo
0.5 miles
Luby's
Dining
17,713 visits/mo
0.2 miles
At Home
Home Improvements & Furnishings
16,886 visits/mo
0.4 miles
Demographics for 75244, TX
12,576
Population
6,346
Households
2
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
2,734
Density / Sq Mi
$112,800
Median Household Income
$69,219
Median Earnings
$1,918
Median Rent
$578,200
Median Home Value
Check the figures for this property
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?
Bank - Retail property with drive-through, leased to Origin Bank.
Where is this bank located?
The property is located at 13601 Midway Road Farmers Branch, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Lease guaranteed by Origin Bank through August 31, 2031.; Significant rent increase of 7.5% scheduled for September 2026.; Located at a **highly trafficked, signalized intersection with over 60,000 vehicles per day.**
