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Bishop Arts District Opportunity
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219 Sunset Ave, Dallas, TX

Value-add opportunity in Dallas's Bishop Arts District.

Property Size17,780 SF
Lot Size0.88 Acres
Days on Market527

Property Features for 219 Sunset Ave

General Information

Standard status Active
Size 17,780 SF
Lot size 0.88 Acres
Property subtype OFFICE
Listing Agency: Davidson Bogel Real Estate
Listed By: J. Scott Lake · License #647114
Source: Moodyscre
Added: Feb 19, 2025 Changed: Jul 6 Last Checked: Jul 21 at 2:58AM

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 Davidson Bogel Real Estate

Investment Insights

Based on property information with market context.

Located in the Bishop Arts District of Dallas, Texas, at 219 Sunset, this service-oriented center presents a rare opportunity. The property, situated just north of W. Jefferson Boulevard, features 17,780 square feet of improvements on over 0.88 acres of land. This urban core location offers significant upside through redevelopment or rental rate adjustments upon lease expiration. The existing tenants fully reimburse NNN expenses, providing new ownership with the potential to increase rents to market rates. Current average rates are $15.50 per square foot, while market rates are in the mid $20s plus NNN, with projected future growth. The surrounding area has approximately 152,860 to 373,786 residents within a 3 and 5-mile radius, along with 4,786 and 16,818 businesses employing 69,582 and 291,129 people within the same radii.

Key Highlights

  • Trophy infill location in the Bishop Arts District of Dallas, a highly desirable urban area.
  • Significant value‑add opportunity through redevelopment or rental rate increases.
  • Substantially below‑market rental rates ($15.50 PSF vs. mid $20's + NNN) offering considerable upside potential.

Property Analytics

Current Use

Prism Health North ... Medical Clinic First Step Counseling Counselor Mary Roff Mclaud Physician SMART Recovery Oak ... Social Service Agency Dr. Jason Gillman Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Pharmacy HVAC Service

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

Location Intelligence

Trade Area within ½ mile

2,193
Businesses Nearby

Market

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Value-add opportunity in Dallas's Bishop Arts District.
Where is this office building located?
The property is located at 219 Sunset Ave Dallas, TX.
What are key features of this property?
This property features: Trophy infill location in the Bishop Arts District of Dallas, a highly desirable urban area.; Significant value‑add opportunity through redevelopment or rental rate increases.; Substantially below‑market rental rates ($15.50 PSF vs. mid $20's + NNN) offering considerable upside potential.
(214) 526-3626 Call to check price and availability
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