Side-by-Side Downtown Retail
528 Main St Garland, TX 75040
For Sale
Contact for pricing
Two separately platted storefront buildings are currently occupied by Baker’s Main Street Furniture and support flexible use options.
Property Size4,840 SF
Price / SF$268.60
Days on Market99
Property Features for 528 Main St
General Information
- Standard status
- Active
- Size
- 4,840 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1918
Listing Agency:
The Woodmont Company
(817) 377-7735
Listed By:
Russel Wehsener · License #TX 817073
Source:
Crexi
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 23 at 8:26AM
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 The Woodmont Company
Investment Insights
Based on property information with market context.
Two separately platted retail storefront buildings at 524 and 528 Main Street offer flexible layouts that can be used individually or combined into a single footprint. The property is currently occupied by Baker’s Main Street Furniture, operating across both buildings.
Located on downtown Main Street in Garland, the buildings sit near popular restaurants, retailers, and civic uses. The offering benefits from daily pedestrian traffic and frequent community events held in the square, and it is adjacent to a high-profile pizza restaurant recently featured by David Portnoy (Barstool Sports).
There is also a value-add opportunity through repositioning, enhanced tenant mix, or owner-user occupancy, along with potential revitalization reimbursement for up to 50% of eligible interior and exterior improvements, subject to City of Garland program guidelines.
Located on downtown Main Street in Garland, the buildings sit near popular restaurants, retailers, and civic uses. The offering benefits from daily pedestrian traffic and frequent community events held in the square, and it is adjacent to a high-profile pizza restaurant recently featured by David Portnoy (Barstool Sports).
There is also a value-add opportunity through repositioning, enhanced tenant mix, or owner-user occupancy, along with potential revitalization reimbursement for up to 50% of eligible interior and exterior improvements, subject to City of Garland program guidelines.
Key Highlights
- Two separately platted storefront buildings at 524 and 528 Main Street in Downtown Garland
- Buildings can be used individually or combined to support restaurant, retail, office, or experiential uses
- Currently occupied by Baker’s Main Street Furniture across both buildings
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 | $116.7k | $24.12 |
| − Vacancy | −$5.5k | −$1.13 |
| EGI | $111.3k | $22.99 |
| − OpEx | −$33.4k | −$6.90 |
| NOI | $77.9k | $16.09 |
4,840 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.11M
$973.5K – $1.30M
NOI $77,878 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.81M
$5.08M – $6.78M
NOI $406,532 @ 7.0% cap · market cap 31.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Garland Demo Pros
Construction Company
Similar Off Market Nearby
- Centerville Road Florist — 301 n garland ave, garland, tx 75040
- North Star Florist — 301 N Garland Ave, Garland, TX 75040
- Plano Road Florist — 301 N Garland Ave, Garland, TX 75040
- Kroger Floral — 1406 W Walnut St, Garland, TX 75042
FAQs
What type of property is this?
Storefront property - Two separately platted storefront buildings are currently occupied by Baker’s Main Street Furniture and support flexible use options.
Where is this storefront property located?
The property is located at 528 Main St Garland, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two separately platted storefront buildings at 524 and 528 Main Street in Downtown Garland; Buildings can be used individually or combined to support restaurant, retail, office, or experiential uses; Currently occupied by Baker’s Main Street Furniture across both buildings
