1717 Mckinney AveDallas, TX 75202

  • Office buildings
  • 382,980 SF
For Lease

Property Details for 1717 Mckinney Ave

Year built
2008
Construction
FRAME
Lot size
2.11 AC
Property size (Sq ft)
382,980 SF
Zone code
Z239
Property type
Office buildings
APN
00C26810000OFF000
APU
00C26810000OFF000

Description

This exceptional 7,676 square foot retail space, located at 1717 McKinney Avenue in Dallas, Texas (zip code 75202), presents a remarkable opportunity for a single-tenant restaurant or retail business. Situated in the heart of Uptown Dallas' vibrant McKinney Avenue, this property boasts unparalleled visibility and accessibility. The building is currently vacant, offering a blank canvas for a discerning tenant to create a thriving establishment. The location benefits from its proximity to thriving streetscapes, high-density residential areas, and a concentration of blue-chip employers, ensuring consistent foot traffic and exposure to a large and affluent customer base. The area is experiencing significant growth, with ongoing vertical development further enhancing the desirability and potential of this location. This second-generation restaurant space is ideally positioned to capitalize on the area's dynamic 24/7 demand for high-quality hospitality and retail experiences. Dallas County provides a strong economic foundation, and the property's address within the 75202 zip code places it in a highly sought-after and densely populated area. The property's total square footage is 7,676 square feet, all of which is currently available. This is a truly unique opportunity to establish a presence in one of Dallas' most desirable and dynamic commercial districts. The property is classified as commercial, specifically retail and restaurant use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $58,880,324
    6.5%
    $54,351,068
    7%
    $50,468,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $38,444,328
    Geo Method
    $114,660,384
  • Alternative Use

    Use
    Valuation
    Residential
    $67,395,328
    Hospitality
    $61,733,756
    Educational
    $51,361,760
    Medical
    $53,128,172
    Retail
    $79,896,072
1717 Mckinney Ave, Dallas, Texas

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7884
Longitude
-96.8047
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
$4,107,658
$7,618,850
$171,381,150
$179,000,000
-
$7,618,850
$171,381,150
$179,000,000

FAQs

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