Flex Space with Storefront
For Sale
$2,200,000
3004 Commerce Street, Dallas, TX 75226
Flexible space with exposed brick, full storefront windows, and semi-dock loading for retail or creative office use.
Property Size6,250 SF
Price / SF$352
Days on Market53
Property Features for 3004 Commerce Street
General Information
Standard status
Active
Size
6,250 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Building Details
Year Built
1941
Listing Agency:
Trinity Southwest
(214) 663-4218
Listed By:
Patrick Hunt
(214) 663-4218
Source:
Signaturere
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 3 at 12:34PM
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 Trinity Southwest
Investment Insights
Based on property information with market context.
This flex-style property features exposed brick interiors and wood-decked ceilings, complemented by full storefront windows that bring in abundant natural light. The layout is designed to support multiple concepts, with both visual-facing storefront frontage and warehouse-oriented improvements. Operational functionality includes a grade-level door and semi-dock loading, along with approximately 18' clear height to accommodate a range of tenants and production or display setups.
Located in the heart of Deep Ellum, the property’s street-facing retail character aligns with uses that benefit from walk-in traffic and an immediately visible presence. Full storefront windows create a clear customer-facing frontage, while the semi-dock loading and clear height support light industrial, showroom, or mixed live/work needs.
The combination of storefront presentation and practical loading make this property a strong fit for retailers, showroom operators, creative offices, or live-work tenants seeking a flexible floor plan. The exposed-brick, character-rich interior can support both open collaboration and product display, while the loading features help reduce friction for deliveries and day-to-day operations.
Located in the heart of Deep Ellum, the property’s street-facing retail character aligns with uses that benefit from walk-in traffic and an immediately visible presence. Full storefront windows create a clear customer-facing frontage, while the semi-dock loading and clear height support light industrial, showroom, or mixed live/work needs.
The combination of storefront presentation and practical loading make this property a strong fit for retailers, showroom operators, creative offices, or live-work tenants seeking a flexible floor plan. The exposed-brick, character-rich interior can support both open collaboration and product display, while the loading features help reduce friction for deliveries and day-to-day operations.
Key Highlights
- Built in 1941 with exposed brick interiors and wood‑decked ceilings
- Full storefront windows designed to bring in natural light
- Grade‑level door plus semi‑dock loading for flexible access
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.8k | $24.12 |
| − Vacancy | −$7.1k | −$1.13 |
| EGI | $143.7k | $22.99 |
| − OpEx | −$43.1k | −$6.90 |
| NOI | $100.6k | $16.09 |
6,250 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,565 @ 7.0% cap · market cap 4.57%
Second Best
Flex RnD
$783.5K
$685.6K – $914.1K
NOI $54,844 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M
NOI $524,964 @ 7.0% cap · market cap 23.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
9,320
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75226, TX
4,535
Population
3,221
Households
1.4
Avg Household Size
33
Median Age
38%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
4,123
Density / Sq Mi
$69,589
Median Household Income
$52,972
Median Earnings
$1,731
Median Rent
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible space with exposed brick, full storefront windows, and semi-dock loading for retail or creative office use.
Where is this flex space located?
The property is located at 3004 Commerce Street Dallas, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Built in 1941 with exposed brick interiors and wood‑decked ceilings; Full storefront windows designed to bring in natural light; Grade‑level door plus semi‑dock loading for flexible access
