For Sale
$6,750,000

6508 Skillman StDallas, TX 75231

32,729 SF Retail Center, 71.62% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
117
This 32,729-square-foot shopping center in Dallas, Texas, presents a compelling value-add investment opportunity. Located at the intersection of Skillman Street and Abrams Road, this property boasts a prime location with excellent visibility and accessibility. Built in 1971 and situated on 5.09 acres, the center currently enjoys 71.62% occupancy with a diverse tenant mix including Harbor Freight Tools, Metro by T-Mobile, and Cindy's Discount Liquor. The property benefits from a strong parking ratio of 11.92 spaces per 1,000 square feet. The zoning is CR - Community Retail District. With a weighted average lease term of 4.32 years, this asset offers a staggered lease expiration schedule. The asking price is $6,750,000, translating to $206.24 per square foot. The property's strategic location within a thriving retail corridor, near major thoroughfares and prominent businesses like NorthPark Center and Texas Health Presbyterian Hospital Dallas, provides access to a substantial trade area with a population exceeding 380,750 within a 5-mile radius and a median household income of $69,456. This combination of factors makes this shopping center an attractive investment prospect for those seeking a value-add opportunity in a high-demand market.

Highlights

  • Value-add opportunity: 32,729 SF shopping center in Dallas, 71.62% occupied.
  • Ample parking: 11.92 spaces per 1,000 SF.
  • Excellent location: Skillman & Abrams intersection, near NorthPark Center and Texas Health Presbyterian Hospital.
  • Staggered lease expirations: Weighted average lease term of 4.32 years.

Property Details for 6508 Skillman St

Property type
Lifestyle centers, Power centers
Square Feet
32,729 SF
Year Built
1971
Lot Size (sq. ft)
221,720 SF

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.865336827455
Longitude
-96.742933461708
6508 Skillman St, 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].
6508 Skillman St
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