2700 Commerce StDallas, TX 75226
- Retail properties
- 259,220 SF
Property Details for 2700 Commerce St
- Year built
- 2020
- Construction
- FRAME
- Lot size
- 0.78 AC
- Property size (Sq ft)
- 259,220 SF
- Zone code
- Z239
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 000186000403A0000
- APU
- 000186000403A0000
Description
This exceptional retail and restaurant opportunity is located at 2700 Commerce Street in the heart of Dallas' vibrant Deep Ellum neighborhood. The property, known as "The Stack," offers two available suites totaling 13,042 square feet. Each suite provides ample space, with a minimum divisible size of 6,485 square feet and a maximum contiguous space of 6,557 square feet. Currently, the entire 13,042 square feet is vacant, presenting a unique chance for a single tenant or two complementary businesses. Deep Ellum boasts a thriving urban entertainment district, renowned for its walkability, energetic atmosphere, and diverse offerings. Within a five-minute walk, potential tenants will find over 60 bars and breweries, nearly 20 retail shops, and over 2,000 existing apartments, with an anticipated increase to 4,000 within the next three years. This high-profile location benefits from easy freeway access and proximity to light rail stops. The property is part of a Hines development, offering a unique blend of live, work, and play options, along with convenient parking for tenants and patrons. This is an unparalleled chance to establish a presence in one of Dallas' most sought-after entertainment districts. The property is located in Dallas County, Texas, zip code 75226.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $58,584,124
- 6.5%
- $54,077,656
- 7%
- $50,214,964
-
Comparable approach
- Method
- Valuation
- Relative Method
- $65,573,024
- Geo Method
- $195,571,840
-
Alternative Use
- Use
- Valuation
- Residential
- $45,616,524
- Hospitality
- $41,784,492
- Educational
- $34,764,208
- Medical
- $35,959,800
- Retail
- $54,077,656
Location Insight
- City
- Dallas
- County
- Dallas
- State
- Texas
- Latitude
- 32.7827
- Longitude
- -96.7841
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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