2629 Stemmons Fwy Dallas, TX 75207

This exceptional Dallas retail portfolio comprises two buildings totaling 46,699 square feet on a 3.34-acre lot, strategically located at 2629 and 2635 N. Stemmons Freeway in the coveted Dallas Design District. The property, built in 1979 and 2012 with renovations in 2019, features a mix of QSR/Fast Food and shopping center uses, currently operating at 62.16% occupancy. The property boasts a strong net operating income (NOI) of $304,169, with significant upside potential from leasing approximately 17,535 square feet of vacant space. A significant portion of the NOI is derived from a Taco Cabana with a long-term lease. The property benefits from high visibility and accessibility along a major north-south artery, experiencing over 214,000 vehicles daily. Zoned MU-3, this property offers future development opportunities. The current offering presents a value-add investment opportunity in a high-growth market with a strong demographic profile, including high average household incomes and significant daytime population density within a five-mile radius. The property's location within the Dallas Design District provides access to a thriving business community and a large consumer base. This is a rare opportunity to acquire a well-positioned retail portfolio with substantial upside potential. The property consists of two single-story buildings.