5626 Maple Ave
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5626 Maple Ave
9,634 SF 26% Leased Retail Building Dallas, TX 75235 £2,235,942 (£232/SF)
Executive Summary
9,570 SF Core, Infill Multi-Tenant Retail Center
Value-Add Potential | 7,163 SF Available for Lease with Current Rents Averaging $29/SF Offering Significant Upside | Pro-Forma 9.67% Cap Rate
25% Occupied I Current Tenancy with Short-Term Leases Remaining Providing Potential for Extensions
Average Suite Size of 2,387 SF – Easily Leasable
Located on the Southeast Quadrant of Maple Ave & Inwood Rd I Two Major Thoroughfares that Run Through Dallas | Visible to Over 39,000 Vehicles per Day
Infill & Densely Populated Trade Area – Over 337,000 Residents in a 5 Mile Radius
Outstanding Demographics I Average Household Income Exceeds $117,000 within a 3 Mile Radius – Well Above National Average
Several Nearby Major Traffic Drivers | 2 Miles from Dallas Love Field (18 Million Annual Travelers), Adjacent to New Parkland Memorial Hospital (862 Beds & Over 10,000 Employees) & UT Southwestern Medical Center (Over 23,000 Employees & 4 Million Annual Patients)
Value-Add Potential | 7,163 SF Available for Lease with Current Rents Averaging $29/SF Offering Significant Upside | Pro-Forma 9.67% Cap Rate
25% Occupied I Current Tenancy with Short-Term Leases Remaining Providing Potential for Extensions
Average Suite Size of 2,387 SF – Easily Leasable
Located on the Southeast Quadrant of Maple Ave & Inwood Rd I Two Major Thoroughfares that Run Through Dallas | Visible to Over 39,000 Vehicles per Day
Infill & Densely Populated Trade Area – Over 337,000 Residents in a 5 Mile Radius
Outstanding Demographics I Average Household Income Exceeds $117,000 within a 3 Mile Radius – Well Above National Average
Several Nearby Major Traffic Drivers | 2 Miles from Dallas Love Field (18 Million Annual Travelers), Adjacent to New Parkland Memorial Hospital (862 Beds & Over 10,000 Employees) & UT Southwestern Medical Center (Over 23,000 Employees & 4 Million Annual Patients)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,634 SF
Building Class
B
Year Built
2004
Price
£2,235,942
Price Per SF
£232
Percent Leased
26%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Lot Size
0.87 AC
Zoning
Z116
Parking
25 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
46 ft on Maple Ave
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former Laundry Matt
Former Pharmacy
Former Pizza Restaurant
Space | Size | Space Use | Position | Available |
1st Floor | 3,444 SF | Retail | - | Now |
1st Floor | 2,637 SF | Retail | - | Now |
1st Floor | 1,082 SF | Retail | - | Now |
1st Floor
Size |
3,444 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1st Floor
Size |
2,637 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1st Floor
Size |
1,082 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1st Floor
Size | 3,444 SF |
Space Use | Retail |
Position | - |
Available | Now |
Former Laundry Matt
1st Floor
Size | 2,637 SF |
Space Use | Retail |
Position | - |
Available | Now |
Former Pharmacy
1st Floor
Size | 1,082 SF |
Space Use | Retail |
Position | - |
Available | Now |
Former Pizza Restaurant
Walk Score®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £12,392,433 | |
Land Assessment | £3,173,155 | Total Assessment | £15,565,587 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,173,155
Improvements Assessment
£12,392,433
Total Assessment
£15,565,587
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5626 Maple Ave
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