11250 Central ExpyDallas, TX 75243

Property Details for 11250 Central Expy

Year built

1994

Construction

TILT-UP CONCRETE

Lot size

5.17 AC

Property size (Sq ft)

50,295 SF

Zone code

Z151

Property type

Outlet malls

APN

729000000060000

APU

729000000060000

Description

This exceptional 20,000-square-foot retail space presents a unique opportunity for businesses seeking high visibility and accessibility in the thriving Dallas market. Located at 11250 N Central Expressway, Dallas, TX 75243, this single-tenant property boasts a prominent position directly on Central Expressway, ensuring maximum exposure to a large volume of daily traffic. The building is entirely vacant, offering a blank canvas for a discerning tenant to customize the space to their exact specifications. The property's strategic location places it within a vibrant commercial corridor, alongside established businesses such as Studio Movie Grill, Conn's, Sun & Ski Sports, and a 24-hour fitness center. This prime location benefits from the high traffic volume generated by the proximity to the new Northaven hike-bike trail bridge, further enhancing pedestrian and vehicular accessibility. The property is situated in Dallas County, Texas, offering easy access to major transportation arteries and a diverse customer base. This is an unparalleled opportunity to establish a flagship location in a high-demand area with exceptional visibility and convenient access for customers. The property type is classified as retail commercial, offering significant potential for a variety of businesses. The building's substantial size provides ample space for a large-scale operation or the potential for division into smaller units. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $14,675,571

  6.5%

  $13,546,681

  7%

  $12,579,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,152,360

  Geo Method

  $15,249,766

• Alternative Use

  Use

  Valuation

  Residential

  $11,427,133

  Hospitality

  $10,467,192

  Educational

  $8,708,581

  Medical

  $9,008,082

  Retail

  $13,546,681

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.9008

Longitude

-96.767

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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