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Highway-Facing Office Condo
For Sale
$895,000

C100-6211 W Northwest Hwy, Dallas, TX 75214

Office unit with highway-oriented windows and a prominent position within the property.

Property Size2,225 SF
Price / SF$402.25
Days on Market82

Property Features for C100-6211 W Northwest Hwy

General Information

Standard status Active
Size 2,225 SF

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $7,003
Listing Agency: DC Commercial Group, LLC
Listed By: Dana Chun · License #0656920
Source: Exprealty
Added: May 29 Changed: Aug 16 Last Checked: Aug 17 at 8:36PM

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 DC Commercial Group, LLC

Investment Insights

Based on property information with market context.

This office condo offers 2,225 square feet of space within a combined office, retail, and medical condo property. The unit occupies the first right-hand position, with windows oriented toward Northwest Highway.

Located at C100-6211 W Northwest Hwy in Dallas, the property has frontage on Northwest Highway, providing direct highway-facing exposure for the unit.

Key Highlights

  • 2,225‑square‑foot office unit
  • Frontage on Northwest Highway
  • Windows oriented toward Northwest Highway

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
$35,801
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
4.00%
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%
$716,020 $716.0K
Cap Rate 7%
$511,443 $511.4K
Cap Rate 9%
$397,789 $397.8K
Market Conditions
NOI Build-Up for 2,225 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
$53.7K $24.12/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$51.1K $22.99/SF
− OpEx
−$15.3K −$6.90/SF
NOI
$35.8K $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 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%
$716,020
Cap Rate 7%
$511,443
Cap Rate 9%
$397,789

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $127,918 @ 7.0% cap · market cap 14.29%
Second Best
Retail
$511.4K
$447.5K – $596.7K (±1% cap)
NOI $35,801 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$2.67M
$2.34M – $3.11M (±1% cap)
NOI $186,887 @ 7.0% cap · market cap 20.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby

Demographics for 75214, TX

35,664
Population
17,474
Households
2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
4,885
Density / Sq Mi
$128,917
Median Household Income
$81,149
Median Earnings
$1,536
Median Rent
$707,400
Median Home Value

Market

Vacancy Rate% for Office in Dallas, TX

19.2% 2019
21.1% 2020
21.5% 2021
21.6% 2022
22% 2023
26.2% 2024
25.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office unit with highway-oriented windows and a prominent position within the property.
Where is this office units located?
The property is located at C100-6211 W Northwest Hwy Dallas, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 2,225‑square‑foot office unit; Frontage on Northwest Highway; Windows oriented toward Northwest Highway
More about this property
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