3211 Northwest Hwy Dallas, TX 75220

Property Details for 3211 Northwest Hwy

Year built

2006

Lot size

0.90 lot acres

Property size

9,392 SF

Property type

Retail properties

Description

This exceptional Dallas retail property, located at 3211 W Northwest Hwy, offers a compelling investment opportunity. Built in 2006, the property boasts a total gross leasable area of 9,392 square feet across six separate tenants, ensuring a diversified income stream. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $220,017, translating to an attractive 8.00% capitalization rate. The asking price is $2,750,000. Situated on a sizable 0.897-acre lot (39,072 square feet), this property presents significant potential for future growth and appreciation. Its prime location in Dallas, Texas, within Dallas County, and its strong tenant base make it an ideal addition to any investment portfolio. The property's solid performance history and high occupancy rate make it a low-risk, high-reward investment. This is a rare opportunity to acquire a well-established, high-performing retail center in a thriving Dallas market. The property's size and location offer excellent potential for long-term growth and value appreciation. Don't miss this chance to secure a profitable investment in a prime Dallas location.

Location Insight

City

Dallas

County

Dallas

State

Texas

Longitude

-96.8662

Latitude

32.8559