12101 Greenville AveDallas, TX 75243

  • Strip malls
  • 37,733 SF
For Lease
$20/SF/YR View listing

Property Details for 12101 Greenville Ave

Year built
1984
Construction
TILT-UP CONCRETE
Lot size
3.87 AC
Property size (Sq ft)
37,733 SF
Zone code
Z149
Property type
Strip malls
Property subtype
Neighborhood centers
APN
0084090B000040000
APU
0084090B000040000

Description

Highpoint Village, located at 12101 Greenville Avenue in Dallas, Texas, 75243, offers a 2,600 square foot retail space currently available for lease. This suite, number 101, is a second-generation dental space, presenting a turnkey opportunity for a dental practice or a business requiring similar build-out. The property is situated in a convenient location, right off Forest Lane, and enjoys proximity to The Glen at Highpoint Apartments, ensuring high visibility and potential customer traffic. The asking rent is $20 per square foot, triple net ($6.00 PSF NNN). The property is part of a larger shopping center, indicating a vibrant commercial environment. The space's previous use as a dental office suggests existing infrastructure suitable for a similar business, potentially reducing initial setup costs. This prime location in Dallas offers excellent access to major thoroughfares and a densely populated residential area, making it an attractive proposition for businesses seeking high foot traffic and a strong customer base. The 2,600 square feet provide ample space for a variety of retail uses, making it a versatile option for prospective tenants. This is a rare opportunity to secure a well-located, ready-to-occupy retail space in a thriving Dallas neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,415,567
    6.5%
    $9,614,370
    7%
    $8,927,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,018,089
    Geo Method
    $11,440,887
  • Alternative Use

    Use
    Valuation
    Residential
    $8,110,080
    Hospitality
    $7,428,790
    Educational
    $6,180,666
    Medical
    $6,393,229
    Retail
    $9,614,370
12101 Greenville Ave, Dallas, Texas
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Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.9129
Longitude
-96.7461
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
$117,566
$3,374,140
$1,475,860
$4,850,000
-
$3,374,140
$1,475,860
$4,850,000

FAQs

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