For Sale
$1,200,000

6522 Lemmon AveDallas, TX 75209

Dallas storefront, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1,600 square foot retail storefront, located at 6522 Lemmon Ave in Dallas, Texas, presents a compelling investment opportunity. Currently 100% occupied, generating a strong Net Operating Income (NOI) of $69,820 and a 5.82% capitalization rate, this Class B property offers immediate cash flow. Priced at $1,200,000 ($750 per square foot), the property sits on a 0.128-acre lot and is zoned for commercial use, providing flexibility for future redevelopment or expansion. The single-story building offers significant value-add potential, including additional income streams from existing bulletin board opportunities. Situated in the heart of Dallas, within the 75209 zip code, this location benefits from high visibility and strong foot traffic. The gross lease structure simplifies management, while the current occupancy ensures a stable income stream. This is an ideal investment for those seeking a high-return, fully occupied property with significant upside potential in a prime Dallas location. The property's strong performance and prime location make it a rare find in the competitive Dallas market.

Property Details for 6522 Lemmon Ave

Property type
Retail properties, Retail space
Square Feet
1,600 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
5,576 SF
Units
1

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.837083312353
Longitude
-96.83210017757
6522 Lemmon Ave, Dallas, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6522 Lemmon Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message