2700 Commerce StDallas, TX 75226

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

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.

• 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

FAQs

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