5826 Broadway BlvdGarland, TX 75043

Property Details for 5826 Broadway Blvd

Year built

1989

Construction

TILT-UP CONCRETE

Lot size

0.76 AC

Property size (Sq ft)

7,100 SF

Zone code

Z85

Property type

Retail space

APN

26047610010010000

APU

26047610010010000

Description

This exceptional Garland, Texas retail property, known as Broadway Square, presents a prime investment opportunity. Located at 5826 Broadway Blvd., this single-building complex offers a total of 7,100 square feet of street retail space, situated on a 0.76-acre lot. Currently, one space is available, measuring 3,054 square feet – this is both the minimum and maximum contiguous space currently available. The building was constructed in 1989 and is situated in Dallas County, Texas, within the vibrant city of Garland, zip code 75043. The property's convenient location and ample square footage make it ideal for a variety of retail businesses. Its multiple tenancy structure allows for flexibility in lease terms and potential for diverse tenant occupancy. The property's address is easily accessible and benefits from high visibility along Broadway Boulevard. This presents a unique chance to acquire a well-established retail space in a thriving Texas market. The property's size and location offer significant potential for growth and return on investment. Serious inquiries are encouraged to explore this promising retail opportunity further. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,515,240

  6.5%

  $1,398,690

  7%

  $1,298,780

• Comparable approach

  Method

  Valuation

  Relative Method

  $908,567

  Geo Method

  $1,938,510

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,739,070

  Mixed-Use / Specialty

  $1,389,050

  Hospitality / Lodging

  $1,013,060

  Office

  $1,375,960

  Institutional / Educational

  $1,442,400

  Residential Income

  $1,687,600

  Multifamily

  $2,049,780

  Automotive / Energy

  $1,236,340

  Parking / Income-Based Land

  $431,236

  Restaurant / Food Service

  $712,542

  Healthcare / Senior Housing

  $1,429,210

Location Insight

City

Garland

County

Dallas

State

Texas

Latitude

32.8445

Longitude

-96.5949

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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