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    2400 Ennis Ave Ennis, TX 75119

    For Lease
    $14 SF/Yr ($14,233 /Mo)

    12,200 SF Retail Center, High Visibility

    Lot size:
    12,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 12,200-square-foot commercial retail center presents a unique investment opportunity in the thriving Ennis, Texas market. Situated on a 2.5-acre lot, this single-tenant building offers significant flexibility. Its adaptable design allows for easy subdivision into a multi-tenant strip center, catering to a variety of businesses. Ideal uses include retail, medical, professional offices, or even banking. The property boasts a prominent location on US Highway 287 Business, ensuring high visibility thanks to a large, lighted marquee sign. Across the street, a successful strip center and a popular local restaurant further enhance the property's appeal and draw significant traffic. The well-maintained building features a new roof, ample parking (40+ grade level concrete spaces), and offers room for expansion. Constructed in 1999 and renovated in 2014, this Class C building is a single-story, open-span structure with three-phase power. Its zoning is Commercial Retail, and it benefits from a twenty-year history under a single owner. Located just 32 miles from Dallas, this property is poised for success in a rapidly growing area of Ellis County. The building is available for lease or purchase.

    Property Features for 2400 Ennis Ave

    General Information

    Property type
    Airport retail
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,200 SF
    Class
    C
    Total Rate
    14233.33

    Building Details

    Year Built/Renovated
    1999/2014
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    12,200 SF
    Rate per SF
    $14

    HighLights

    • 12,200 SF retail center on 2.5 acres in Ennis, TX.
    • Adaptable single‑tenant building, easily subdivided for multi‑tenant use; suitable for retail, medical, professional, or banking uses.
    • High‑visibility location on Hwy 287 with a large lighted marquee sign.
    • Strong location near a successful strip center and popular restaurant.
    • Well‑maintained building with a new roof, offering expansion potential and ample parking (40+ spaces).
    • 20‑year single‑owner history; located in a rapidly growing area 32 miles from Dallas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Furniture by Sleep ... Mattress Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.6533195
    Latitude
    32.3210148

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    FAQs

    What type of property is this?
    Airport retail - 12,200 SF Retail Center, High Visibility
    Where is this airport retail located?
    The property is located at 2400 Ennis Ave Ennis, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 12,200 SF retail center on 2.5 acres in Ennis, TX.; Adaptable single-tenant building, easily subdivided for multi-tenant use; suitable for retail, medical, professional, or banking uses.; High-visibility location on Hwy 287 with a large lighted marquee sign.
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    Realmo Value Estimation

    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.

    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.

    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
    2400 Ennis Ave Ennis, TX 75119
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