2700 Commerce StDallas, TX 75226

  • Retail properties
  • 259,220 SF
For Lease

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
2700 Commerce St, Dallas, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,744,034
$1,873,960
$74,126,040
$76,000,000
-
$1,873,960
$74,126,040
$76,000,000

FAQs

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