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Property profile & analytics
FOR LEASE
Turn key restaurants

3130 Lemmon Ave Dallas, TX 75204

6,469 SF 1.06 ac lot Built 1995
Individually Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US82-4888205
Property summary
AI-generated overview

This exceptional retail opportunity is located at the highly visible corner of Cole and Lemmon Avenues in the heart of Uptown Dallas. The property, a two-suite strip center totaling 52,646 square feet, is currently 100% vacant and offers flexible space options. Individual suites range from a minimum of 6,646 square feet to a maximum contiguous space of 46,000 square feet, providing versatility for a variety of retail concepts. Situated in Uptown, Dallas's most walkable live-work-play neighborhood, this location benefits from an exceptionally high residential density, numerous high-rise office towers, a wide array of restaurants and upscale hotels, and close proximity to West Village, a thriving shopping and dining destination. The property's prime corner location ensures high visibility and accessibility, with over 23,790 vehicles passing daily. This presents a unique chance to establish a prominent retail presence in one of Dallas's most desirable and dynamic neighborhoods. The property is located in Dallas County and offers significant potential for a business seeking a high-traffic, high-visibility location within a densely populated and affluent area. The sheer size of the available space allows for a large-scale retail operation or the possibility of dividing the space to accommodate multiple tenants.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction TILT-UP CONCRETE
Total area 6,469 SF
Lot 1.06 ac (45,999 SF)
Zoning code Z239
APN 97800000060000
UPID US82-4888205
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.45M
Owner & transaction history
Rp Town & Country Sc · 16 yrs held
Rp Town & Country Sc
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.2M +13.5%
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