Renovated Multi-Tenant Shopping
For Sale
Contact for pricing
2040 W Northwest Highway, Dallas, TX 75220
Fully occupied retail asset with staggered absolute NNN leases and on-site surface parking.
Property Size8,384 SF
Lot Size0.73 Acres
Days on Market145
Property Features for 2040 W Northwest Highway
General Information
Standard status
Active
Size
8,384 SF
Total Parking Spaces
55
Lot size
0.73 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
37,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas Uptown
(972) 755-5282
Listed By:
Joe Santelli, CCIM · License #TX: 664135
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 3:09PM
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 Marcus & Millichap - Dallas Uptown
Investment Insights
Based on property information with market context.
This recently renovated shopping center contains 8,384 square feet on 0.73 acres and is occupied by four tenants. The property has 100% occupancy, staggered lease turnover, and absolute NNN lease structures. Interior improvements and an updated façade are also in place.
Located at 2040 W. Northwest Highway in Dallas, the property fronts a retail corridor carrying more than 37,000 vehicles per day. Fifty-five surface parking spaces serve the center, with the existing layout identified as capable of supporting additional restaurant space in the future. The asset is positioned within the Dallas-Fort Worth metroplex, where the source information reports 2.8% job growth in 2019 and five-year population growth of 693,300.
Located at 2040 W. Northwest Highway in Dallas, the property fronts a retail corridor carrying more than 37,000 vehicles per day. Fifty-five surface parking spaces serve the center, with the existing layout identified as capable of supporting additional restaurant space in the future. The asset is positioned within the Dallas-Fort Worth metroplex, where the source information reports 2.8% job growth in 2019 and five-year population growth of 693,300.
Key Highlights
- 8,384‑square‑foot shopping center on 0.73 acres
- 100% occupied by four tenants
- Absolute NNN leases with staggered turnover
Property Analytics
Current Use
Lease Details
37,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 40%
Apparel 3%
Hotels & Casinos 3%
McDonald's
Dining
15,529 visits/mo
0.5 miles
Exxon
Shops & Services
6,381 visits/mo
0.5 miles
Exxon
Shops & Services
5,598 visits/mo
0.1 miles
RaceTrac
Shops & Services
4,383 visits/mo
0.2 miles
7-Eleven
Shops & Services
3,644 visits/mo
0.1 miles
Demographics for 75220, TX
39,627
Population
15,589
Households
2.5
Avg Household Size
32
Median Age
23%
College-Educated
61%
High-School Grad
11.3 sq mi
ZIP Area
3,507
Density / Sq Mi
$57,787
Median Household Income
$33,127
Median Earnings
$1,164
Median Rent
$449,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail asset with staggered absolute NNN leases and on-site surface parking.
Where is this shopping center located?
The property is located at 2040 W Northwest Highway Dallas, TX.
What are key features of this property?
This property features: 8,384‑square‑foot shopping center on 0.73 acres; 100% occupied by four tenants; Absolute NNN leases with staggered turnover
