Multi-Tenant Strip Retail
3909 Frankford Road, Dallas, TX 75287
For Sale
New
Contact for pricing
Three suites combine leased space with a seller-occupied unit scheduled to become available after closing.
Property Size7,878 SF
Price / SF$469.66
Days on Market5
Property Features for 3909 Frankford Road
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Additional Details
Gross Income
Tenant in Place
Amenities
full-glass storefronts
canopy awnings
Building Details
Buildings
Construction
Tenancy
Listing Agency:
JD Prime Realty
Listed By:
Jignesh Dhola · License TX #0754282
(682) 307-3470
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:34PM
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 JD Prime Realty
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Investment Insights
Based on property information with market context.
This Dallas retail center contains 7,878 SF across three suites, with brick-and-stone exterior finishes, glass storefronts, and canopy awnings. Two suites are occupied by Divine Nail Bar and Precision Pizza under NNN leases. The property is 72.8% leased at closing; the seller plans to vacate the approximately 2,142 SF owner-occupied suite within 60 days after closing.
The property is located on Frankford Road near Midway Market, a Kroger-anchored center, and a Kroger Fuel Center. Other nearby context includes retail businesses and multifamily communities. The listed stabilized cap rate is 6.64%.
The property is located on Frankford Road near Midway Market, a Kroger-anchored center, and a Kroger Fuel Center. Other nearby context includes retail businesses and multifamily communities. The listed stabilized cap rate is 6.64%.
Key Highlights
- 7,878 SF retail building with three suites
- 72.8% leased at closing
- Approximately 2,142 SF owner‑occupied suite to be vacated by seller within 60 days after closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,761
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,535,220
$2.5M
Cap Rate 7%
$1,810,871
$1.8M
Cap Rate 9%
$1,408,456
$1.4M
Market Conditions
NOI Build-Up for 7,878 SF
Gross rent
$190.0K $24.12/SF
− Vacancy
−$8.9K −$1.13/SF
EGI
$181.1K $22.99/SF
− OpEx
−$54.3K −$6.90/SF
NOI
$126.8K $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%
$2,535,220
Cap Rate 7%
$1,810,871
Cap Rate 9%
$1,408,456
Alternative Uses
Best Use
Retail
$1.81M
$1.58M – $2.11M
NOI $126,761 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.45M
$8.27M – $11.03M
NOI $661,707 @ 7.0% cap · market cap 17.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
72.8%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
148k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 35%
Dining 17%
Apparel 7%
Kroger
Groceries
36,639 visits/mo
0.1 miles
Aldi
Groceries
22,513 visits/mo
0.5 miles
7-Eleven
Shops & Services
13,074 visits/mo
0.5 miles
Kroger Fuel Center
Shops & Services
11,150 visits/mo
0.1 miles
7-Eleven
Shops & Services
10,501 visits/mo
0.2 miles
Demographics for 75287, TX
53,181
Population
30,143
Households
1.8
Avg Household Size
34
Median Age
46%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
9,669
Density / Sq Mi
$62,538
Median Household Income
$44,465
Median Earnings
$1,391
Median Rent
$389,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Three suites combine leased space with a seller-occupied unit scheduled to become available after closing.
Where is this strip mall located?
The property is located at 3909 Frankford Road Dallas, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 7,878 SF retail building with three suites; 72.8% leased at closing; Approximately 2,142 SF owner‑occupied suite to be vacated by seller within 60 days after closing
