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Property profile & analytics
FOR LEASE
Office buildings

11359 Kline Dr Dallas, TX 75229

6,822 SF 0.53 ac lot Built 1982
Entity Owned 3-yr Hold Free & Clear
Property ID
US82-5300958
Property summary
AI-generated overview

This exceptional 15,326-square-foot property, situated in the vibrant Asian Trade District of Dallas County, presents a unique investment opportunity. The building is classified as retail, industrial, and special purpose, offering significant versatility for a wide range of businesses. Currently configured as a single-tenant space, the property boasts 4,600 square feet of immediately available vacant space, ideal for expansion or a new tenant. The existing tenant occupies the remaining square footage. The building's flexible design caters to diverse operational needs, making it suitable for warehousing, light manufacturing, or retail operations. Its location within the Asian Trade District provides excellent access to a thriving commercial hub, ensuring high visibility and convenient access to transportation networks. The property's single-tenant occupancy simplifies management and offers potential for long-term lease agreements. This is an exceptional opportunity to acquire a strategically located property with immediate income potential and significant upside. The property's size and adaptability make it a compelling investment for both established businesses seeking expansion and entrepreneurs looking for a prime location to launch their ventures. Detailed specifications and lease terms are available upon request. Serious inquiries only.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction TILT-UP CONCRETE
Total area 6,822 SF
Lot 0.53 ac (23,040 SF)
Zoning code Z116
APN 006542000005A0000
UPID US82-5300958
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CARBODY COLLISION SHOP Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richmond Family Investments LLC · 3 yrs held
Richmond Family Investments LLC
since 2023
4 recorded transactions
2023
Price N/A
2021
Price N/A
2018
Price N/A
2004
Price N/A
Zoning & alternative use
Z116 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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