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Restaurant Space with Warm Shell
For Lease
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1700 Commerce St, Dallas, TX 75201

Restaurant space offered with a landlord-provided warm restaurant shell on Ervay near major downtown anchors.

Space Size1,940 SF
Days on Market1020

Property Features for 1700 Commerce St

General Information

Standard status Active
Size 1,940 SF
Net Rentable 1,940 SF
Property subtype RETAIL

Space & Availability

Available Space 1,940-3,080 SF
Contiguous Space 3,080 SF
Space Use Restaurant

Site & Location

Neighborhood Downtown
Anchor Co-Tenants AT&T Discovery District, Starbucks, Forty Five Ten, Neiman Marcus, AC Marriott Hotel, The Continental, The Statler, The Joule Hotel

Spaces For Lease

at 1700 Commerce St
1700 Commerce St AVAILABLE, Now
Floor 1
Size 1,940 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Heavily trafficked intersection at Commerce & Ervay Streets at the base of 3 national brand hotes - Hampton Inn, AC Marriott Hotel and Residence Inn - More than 6,000 multifamily units in the Dallas CBD with 96% occupancy - Ervay restaurant location between Commerce and Jackson next to Starbucks - Landlord will provide warm restaurant shell, contingent upon Tenant's financials - Retail B on Ervay can be subdivided as retail only Urban Infill opportunity in the heart of downtown Dallas Central Business District - Surrounding anchors include - AT&T Discovery District, -Starbucks, Forty Five Ten, Neiman Marcus, AC Marriott Hotel, -The Continental, The Statler and The Joule Hotel - Retail A - 1,940 SF Restaurant Space - Retail B - 3,080 Sf Retail Space (divisible)
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Listing Agency: CBRE - Corporate
Listed By: Chris Bass
Source: Moodyscre
Added: Jan 22, 2024 Changed: Nov 3 Last Checked: Nov 4 at 1:19PM

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 CBRE - Corporate

Rey
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Investment Insights

Based on property information with market context.

This offering includes Retail A, a 1,940 SF restaurant space on Ervay, with the landlord providing a warm restaurant shell, contingent upon the tenant’s financials. Retail B is also available as a 3,080 SF retail space and can be subdivided as retail only, supporting flexible tenant needs within the same downtown infill setting.

The location is at a heavily trafficked intersection of Commerce & Ervay Streets at the base of three national brand hotel properties: Hampton Inn, AC Marriott Hotel, and Residence Inn. The Ervay restaurant location sits between Commerce and Jackson and is next to Starbucks. Surrounding anchors include AT&T Discovery District, Forty Five Ten, Neiman Marcus, The Continental, The Statler, and The Joule Hotel.

The combination of a warm shell for Restaurant A and a divisible retail option for Retail B provides an opportunity to establish or expand a food or retail concept in the Dallas Central Business District.

Key Highlights

  • Retail A: 1,940 SF restaurant space on Ervay
  • Landlord provides warm restaurant shell, contingent upon tenant’s financials
  • Retail B: 3,080 SF retail space and divisible as retail only

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hampton Inn & Suites ... Hotel & Motel Lacy Wayne D Law Firm Mosher Law Firm Law Firm Mark F. Fernandez Law Firm Finance Acceptance Corporation Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Tanning Salon Adult Day Care Restaurant

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

10,553
Businesses Nearby
145k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Hotels & Casinos 40% Shops & Services 20%
McDonald's Dining
48,847 visits/mo 0.3 miles
7-Eleven Shops & Services
22,059 visits/mo 0.4 miles
Dallas Marriott Downtown Hotels & Casinos
16,995 visits/mo 0.5 miles
The Statler Dallas, Curio Collection by Hilton Hotels & Casinos
11,587 visits/mo 0.2 miles
Crowne Plaza Dallas Downtown Hotels & Casinos
10,442 visits/mo 0.3 miles

Demographics for 75201, TX

17,740
Population
13,619
Households
1.3
Avg Household Size
32
Median Age
69%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,671
Density / Sq Mi
$101,098
Median Household Income
$76,031
Median Earnings
$1,971
Median Rent
$649,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Dallas, TX

$14.19 /SF/Yr
Avg Asking Price
$7.42–$21 /SF/Yr
Price Range
5,242 SF
Avg Space Size

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?
Storefront property - Restaurant space offered with a landlord-provided warm restaurant shell on Ervay near major downtown anchors.
Where is this storefront property located?
The property is located at 1700 Commerce St Dallas, TX.
What are key features of this property?
This property features: Retail A: 1,940 SF restaurant space on Ervay; Landlord provides warm restaurant shell, contingent upon tenant’s financials; Retail B: 3,080 SF retail space and divisible as retail only
(214) 597-1707 Call to check price and availability
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