Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    969 Terminal St Dallas, TX 75202

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Cedars Retail: Two Suites Available

    Lot size:
    8,337 SF

    Property Features for 969 Terminal St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,337 SF

    Spaces For Lease

    at 969 Terminal St, Dallas, TX 75202 Contact us

    We can help!

    Listing Contact
    Thomas Glendenning
    Thomas Glendenning

    Listing Agency: SHOP Companies Dallas Listing Agent: Thomas Glendenning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 8,337 square foot retail property, located at 969 Terminal Street in Dallas County, presents a unique investment opportunity. Currently fully vacant, this multi-tenant building offers two available suites, with a minimum divisible space of 3,007 square feet and a maximum contiguous space of 5,330 square feet. Ideally situated in the vibrant entertainment district of the Cedars, this property benefits from its close proximity to popular venues such as Southside Ballroom and Gilley's, and its adjacency to the Alamo Drafthouse. The location provides easy access to other thriving areas including Bishop Arts, Downtown Dallas, and Deep Ellum, ensuring high visibility and foot traffic. The property features a significant outdoor patio area, adding considerable appeal for a variety of potential tenants. This versatile space is perfect for a music venue, patio bar, or event space, offering significant potential for a creative and successful business. The property's size and layout provide flexibility for customization to meet the specific needs of a prospective tenant. This is a rare opportunity to secure a prominent retail space in a rapidly growing and highly desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Terminal Street Warehouse Resort

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Dallas
    State
    Texas
    Longitude
    -96.8042882
    Latitude
    32.7774686

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Turtle Creek

      Entire center
      2911 Turtle Creek Blvd, Dallas, TX 75219
      View Details
    • $7 SF/Yr
      37,897 SF

      Prime Dallas Industrial Opportunity

      Large industrial lot near highways and convention center.
      1204 Powhattan St, Dallas, TX 75215
      View Details
    • $13,500 /Mo
      9,453 SF

      Modern Commercial Building in Dallas

      Two-story commercial building with flexible showroom and office space.
      446 S Tyler St, Dallas, TX 75208
      View Details
    • $3,500 /Mo
      99,099 SF

      Dallas Church Facility For Lease

      Move-in ready church with sanctuary, kitchen, parking, and utilities included.
      7205 Tillman St, Dallas, TX 75217
      View Details
    • $5,500 /Mo
      12,023 SF

      Remodeled Retail/Office Space in Dallas

      Remodeled retail or office space in central Dallas location.
      10098 Royal Ln, Dallas, TX 75238
      View Details
    • $20 SF/Yr
      10,001 SF

      Deep Ellum Renovated Commercial Space

      Renovated, furnished office/retail/restaurant space in Deep Ellum, Dallas.
      3100 Commerce St, Dallas, TX 75226
      View Details
    • $2,500,000
      371,741 SF

      Dallas Equestrian Center Business Opportunity

      Prestigious equestrian facility in North Dallas near SMU and NorthPark.
      8787 Park Lane Ct, Dallas, TX 75231
      View Details
    • New
      $1,950 /Mo
      185,522 SF

      Iconic Preston Tower Office Space

      Upscale office space in the heart of Park Cities.
      6211 W Northwest Hwy, Dallas, TX 75225
      View Details
    • New
      $950 /Mo
      185,522 SF

      Iconic Preston Tower Office Space

      Upscale office space in the heart of Park Cities.
      6211 W Northwest Hwy, Dallas, TX 75225
      View Details
    • $1,150 /Mo
      8,000 SF

      Renovated Retail Space for Lease

      Fully renovated retail suites available for immediate use in Dallas.
      9850 NE Walnut Hill Ln, Dallas, TX 75238
      View Details
    • $4,250 /Mo
      10,454 SF

      Historic Swiss Avenue Office Loft

      Renovated office space in historic building near Baylor Scott & White.
      3106 Swiss Ave, Dallas, TX 75204
      View Details
    • $1,750 /Mo
      185,522 SF

      Updated Salon Unit in Dallas

      Salon unit with utilities included in iconic Preston Tower.
      6211 W Northwest Hwy, Dallas, TX 75225
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Cedars Retail: Two Suites Available
    Where is this retail property located?
    The property is located at 969 Terminal St Dallas, TX.
    What are key features of this property?
    This property features: 8,337 SF retail building in Dallas County, Texas.; Two available spaces totaling 8,337 square feet.; Divisible spaces ranging from 3,007 to 5,330 contiguous square feet.
    (214) 960-4528 Call to check price and availability
    Request Owner's contact information
    969 Terminal St Dallas, TX 75202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    969 Terminal St
    Dallas, TX 75202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    969 Terminal St Dallas, TX 75202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Thomas Glendenning
    Thomas Glendenning
    Real Estate License ID: CA 01704987
    (214) 960-4528 (214) 205-8217 (214) 960-4545
    Learn more
    Google sign-in failed. Please try again or use another login method.