Two-Suite Storefront
For Sale
Contact for pricing
4323 MAPLE AVE, Dallas, TX 75219
Two-suite retail building at a signalized intersection, with one suite leased to 7-Eleven and three years remaining on the lease.
Property Size4,686 SF
Price / SF$522.83
Days on Market116
Property Features for 4323 MAPLE AVE
General Information
Standard status
Active
Size
4,686 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Year Built
1972
Stories
1
Units
1
Tenancy
Multi
Listing Agency:
DUWEST
(469) 601-0311
Listed By:
Will Walters · License #TX 596941
Source:
Crexi
Added: May 7
Changed: Aug 29
Last Checked: Aug 29 at 11:06PM
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 DUWEST
Investment Insights
Based on property information with market context.
Built in 1972, the 4,686-square-foot storefront property contains two suites. One suite is leased to 7-Eleven, continues to pay rent, and has three years remaining on its lease. The other suite provides vacant retail space within the building. The property is positioned for continued income, owner occupancy, or future redevelopment, subject to applicable approvals and lease terms.
The building occupies the signalized intersection of Maple Avenue and Wycliff Avenue in Dallas, with exposure to more than 25,000 vehicles per day. It is immediately off I-35 and the Dallas North Tollway, which record traffic volumes of 215,726 VPD and 86,981 VPD, respectively. The site is also adjacent to UT Southwestern Medical Center, Parkland Memorial Hospital, and Children’s Medical Center in the Dallas Medical District. Within three miles, the surrounding area includes 116,449 housing units and a population of 182,118.
The building occupies the signalized intersection of Maple Avenue and Wycliff Avenue in Dallas, with exposure to more than 25,000 vehicles per day. It is immediately off I-35 and the Dallas North Tollway, which record traffic volumes of 215,726 VPD and 86,981 VPD, respectively. The site is also adjacent to UT Southwestern Medical Center, Parkland Memorial Hospital, and Children’s Medical Center in the Dallas Medical District. Within three miles, the surrounding area includes 116,449 housing units and a population of 182,118.
Key Highlights
- 4,686 SF storefront property built in 1972
- Two suites, including one leased to 7‑Eleven with three years remaining on the lease
- Signalized intersection of Maple Avenue and Wycliff Avenue with exposure to over 25,000 vehicles per day
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
$80,701
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
3.29%
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%
$1,614,020
$1.6M
Cap Rate 7%
$1,152,871
$1.2M
Cap Rate 9%
$896,678
$896.7K
Market Conditions
NOI Build-Up for 4,686 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
$113.0K $24.12/SF
− Vacancy
−$5.4K −$1.16/SF
EGI
$107.6K $22.96/SF
− OpEx
−$26.9K −$5.74/SF
NOI
$80.7K $17.22/SF
Area
Dallas, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
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%
$1,614,020
Cap Rate 7%
$1,152,871
Cap Rate 9%
$896,678
Alternative Uses
Best Use
Specialty Retail
$1.15M
$1.01M – $1.35M
NOI $80,701 @ 7.0% cap · market cap 3.29%
Second Best
Retail
$1.08M
$942.5K – $1.26M
NOI $75,400 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$5.62M
$4.92M – $6.56M
NOI $393,597 @ 7.0% cap · market cap 16.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,358
Businesses Nearby
44k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
Family Dollar
Shops & Services
10,560 visits/mo
0.5 miles
Jack in the Box
Dining
8,565 visits/mo
0.1 miles
Starbucks
Dining
8,519 visits/mo
0.5 miles
Shell
Shops & Services
7,412 visits/mo
0.4 miles
Pet Supplies Plus
Shops & Services
5,959 visits/mo
0.1 miles
Demographics for 75219, TX
27,885
Population
19,190
Households
1.5
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
2.3 sq mi
ZIP Area
12,124
Density / Sq Mi
$92,541
Median Household Income
$70,549
Median Earnings
$1,751
Median Rent
$377,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two-suite retail building at a signalized intersection, with one suite leased to 7-Eleven and three years remaining on the lease.
Where is this storefront property located?
The property is located at 4323 MAPLE AVE Dallas, TX.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 4,686 SF storefront property built in 1972; Two suites, including one leased to 7‑Eleven with three years remaining on the lease; Signalized intersection of Maple Avenue and Wycliff Avenue with exposure to over 25,000 vehicles per day
