Medical-Anchored Retail
For Sale
Contact for pricing
312 S HAMPTON RD, Dallas, TX 75208
Multi-tenant shopping center anchored by medical uses, with newly finished suites and a two-sided pylon sign.
Property Size41,118 SF
Lot Size3.36 Acres
Price / SF$388.47
Days on Market138
Property Features for 312 S HAMPTON RD
General Information
Standard status
Active
Size
41,118 SF
Lot size
3.36 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$1,078,208
Amenities
pylon sign
outdoor patio
striped parking lot
Building Details
Year Built
1969
Year Renovated
2024
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
SHOP Companies
Listed By:
Tommy Tucker · License #850939
(214) 960-2887
Source:
Crexi
Added: Apr 21
Changed: Sep 2
Last Checked: Sep 1 at 1:41AM
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 SHOP Companies
Investment Insights
Based on property information with market context.
Hampton Village is a medical-anchored, infill multi-tenant retail asset offered for sale as an investment property. The center features newly finished out medical anchors and retail shop space designed with shallow bay depth. Branded two-sided pylon signage supports visibility, and the property also includes a brand new outdoor patio for Tepa. Recent exterior and parking improvements include a new overlay and striped parking lot.
The property is located at 312 S Hampton Rd in Dallas, described in the offering as moments west of the Bishop Arts District. It is positioned on a rectangular site with a stated land area of approximately +/- 3.36 acres.
The offering notes an average small space suite size of 1,764 SF. The materials also reference household income exceeding $110,139 within a 1-mile radius.
The property is located at 312 S Hampton Rd in Dallas, described in the offering as moments west of the Bishop Arts District. It is positioned on a rectangular site with a stated land area of approximately +/- 3.36 acres.
The offering notes an average small space suite size of 1,764 SF. The materials also reference household income exceeding $110,139 within a 1-mile radius.
Key Highlights
- 1969‑built multi‑tenant retail shopping center with medical‑anchored tenants
- Newly finished out medical anchor spaces
- Large, highly visible branded two‑sided pylon sign
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$661,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,232,140
$13.2M
Cap Rate 7%
$9,451,529
$9.5M
Cap Rate 9%
$7,351,189
$7.4M
Market Conditions
NOI Build-Up for 41,118 SF
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.
Gross rent
$991.8K $24.12/SF
− Vacancy
−$46.6K −$1.13/SF
EGI
$945.2K $22.99/SF
− OpEx
−$283.5K −$6.90/SF
NOI
$661.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,232,140
Cap Rate 7%
$9,451,529
Cap Rate 9%
$7,351,189
Alternative Uses
Best Use
Retail
$9.45M
$8.27M – $11.03M
NOI $661,607 @ 7.0% cap · market cap 4.14%
Second Best
Healthcare Medical
$7.61M
$6.66M – $8.88M
NOI $532,889 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$49.34M
$43.17M – $57.56M
NOI $3,453,675 @ 7.0% cap · market cap 21.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
247k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Shops & Services 36%
Dining 13%
Electronics 1%
Tom Thumb
Groceries
68,956 visits/mo
0.3 miles
El Rio Grande
Groceries
53,721 visits/mo
0.2 miles
dd's DISCOUNTS
Shops & Services
32,173 visits/mo
0.2 miles
Valero Energy
Shops & Services
10,057 visits/mo
0.4 miles
Family Dollar
Shops & Services
10,055 visits/mo
0.3 miles
Demographics for 75208, TX
29,446
Population
13,655
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
6.1 sq mi
ZIP Area
4,827
Density / Sq Mi
$76,502
Median Household Income
$48,460
Median Earnings
$1,589
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant shopping center anchored by medical uses, with newly finished suites and a two-sided pylon sign.
Where is this shopping center located?
The property is located at 312 S HAMPTON RD Dallas, TX.
What is the asking price?
The asking price for this property is $15,973,000.
What are key features of this property?
This property features: 1969‑built multi‑tenant retail shopping center with medical‑anchored tenants; Newly finished out medical anchor spaces; Large, highly visible branded two‑sided pylon sign
