Corner Shopping Center
For Sale
Contact for pricing
2211 S BECKLEY AVE, Dallas, TX 75224
Retail-oriented property with on-site parking and convenient customer access.
Property Size5,797 SF
Price / SF$366.05
Days on Market60
Property Features for 2211 S BECKLEY AVE
General Information
Standard status
Active
Size
5,797 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$137,973
Additional Details
Corner Location
Yes
Building Details
Year Built
1997
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Texas Legacy Realty
Listed By:
Rafe Song · License #0712965
Source:
Crexi
Added: Aug 20
Changed: Oct 4
Last Checked: Oct 16 at 5:59AM
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 Texas Legacy Realty
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Investment Insights
Based on property information with market context.
This 5,797-square-foot shopping center property was built in 1997 and occupies a corner setting at a busy intersection in Dallas. On-site parking, frontage, and accessible entry support retail, medical, and service-oriented commercial uses identified for the property.
The surrounding Oak Cliff area includes substantial planned and completed redevelopment. Wynnewood Village is undergoing a $72 million redevelopment with national retailers including Target, Burlington, Five Below, James Avery, and Bath & Body Works. The planned 48-acre Parks at Wynnewood multifamily community is also expected to add residential density to the surrounding area.
The surrounding Oak Cliff area includes substantial planned and completed redevelopment. Wynnewood Village is undergoing a $72 million redevelopment with national retailers including Target, Burlington, Five Below, James Avery, and Bath & Body Works. The planned 48-acre Parks at Wynnewood multifamily community is also expected to add residential density to the surrounding area.
Key Highlights
- 5,797‑square‑foot shopping center property built in 1997
- Corner location at a busy intersection in Oak Cliff
- On‑site parking with frontage and accessible customer entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,276
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,865,520
$1.9M
Cap Rate 7%
$1,332,514
$1.3M
Cap Rate 9%
$1,036,400
$1.0M
Market Conditions
NOI Build-Up for 5,797 SF
Gross rent
$139.8K $24.12/SF
− Vacancy
−$6.6K −$1.13/SF
EGI
$133.3K $22.99/SF
− OpEx
−$40.0K −$6.90/SF
NOI
$93.3K $16.09/SF
Area
Dallas, TX
Vacancy
4.70%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,865,520
Cap Rate 7%
$1,332,514
Cap Rate 9%
$1,036,400
Alternative Uses
Best Use
Retail
$1.33M
$1.17M – $1.55M
NOI $93,276 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.96M
$6.09M – $8.12M
NOI $486,915 @ 7.0% cap · market cap 22.95%
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
1,336
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Public Storage
Shops & Services
4,508 visits/mo
0.1 miles
Demographics for 75224, TX
33,766
Population
12,438
Households
2.7
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
5.7 sq mi
ZIP Area
5,924
Density / Sq Mi
$53,606
Median Household Income
$32,507
Median Earnings
$1,177
Median Rent
$213,100
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
Similar Off Market Nearby
- Sylvan Thirty — 1818 Sylvan Ave, Dallas, TX 75208
- RSI — 2323 langford st, dallas, tx 75208
- Trinity Groves — 331 Singleton Blvd Suite 200, Dallas, TX 75212
Frequently Asked Questions
What type of property is this?
Shopping center - Retail-oriented property with on-site parking and convenient customer access.
Where is this shopping center located?
The property is located at 2211 S BECKLEY AVE Dallas, TX.
What is the asking price?
The asking price for this property is $2,122,000.
What are key features of this property?
This property features: 5,797‑square‑foot shopping center property built in 1997; Corner location at a busy intersection in Oak Cliff; On‑site parking with frontage and accessible customer entry
