9230 Skillman StDallas, TX 75243

Property Details for 9230 Skillman St

Year built

1995

Construction

TILT-UP CONCRETE

Lot size

1.10 AC

Property size (Sq ft)

4,184 SF

Zone code

Z150

Property type

Retail properties

Property subtype

Strip malls

APN

008069000C01F0000

APU

008069000C01F0000

Description

This exceptional investment opportunity presents a thriving retail property located at 9230 Skillman Street in Dallas, Texas, 75243. The property encompasses a total of 4,148 square feet situated on a 1.05-acre lot. It's a dual-tenant convenience center featuring a high-performing, corporately owned 7-Eleven store as its anchor tenant. The 7-Eleven occupies the entire space, ensuring 100% occupancy. The property boasts twelve gas pumps, catering to a significant volume of customers. Its prime location in a densely populated Northeast Dallas neighborhood ensures high visibility and accessibility, contributing to the strong performance of the 7-Eleven. The lease agreement includes rent bumps of 10% every five years, providing a predictable and growing income stream for the investor. This property is an ideal investment for those seeking a stable, high-performing retail asset with significant upside potential in a desirable Dallas location. The property's classification includes both Gas Station and Shopping Center subtypes.

• CAP approach

  CAP return

  Valuation

  6%

  $1,139,362

  6.5%

  $1,051,719

  7%

  $976,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,297,352

  Geo Method

  $1,268,616

• Alternative Use

  Use

  Valuation

  Residential

  $887,164

  Hospitality

  $812,638

  Educational

  $676,105

  Medical

  $699,357

  Retail

  $1,051,719

Location Insight

City

Dallas

County

Dallas

State

Texas

Latitude

32.903

Longitude

-96.7136

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].