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6960 Marvin D Love Fwy

8,402 SF Retail Building Dallas, TX 75237 £1,330,161 (£158/SF)

Investment Highlights

  • Highway frontage with Pylon for signing
  • Great location for retail, office and personal services. New Red bird development is thriving across the street
  • Access to hwy 67 and I-20
  • Flexible layout for owner user and investment

Executive Summary

Prime Retail Building on Highway Frontage!
Introducing an exceptional opportunity to own a prominent retail building with 8,402 square feet, strategically positioned along highway 67 in Dallas. This remarkable property offers unparalleled visibility and accessibility, making it an ideal investment for businesses seeking to capitalize on high traffic volumes and maximum exposure.
Key Features:
Highway Frontage: With direct frontage along Highway 67, this property enjoys unparalleled visibility, ensuring constant exposure to passing motorists driving foot traffic to your establishment.
Spacious Layout: Boasting a generous floor area of 8,402 square feet, this retail building offers ample space to accommodate diverse retail concepts, and offices.
The flexible layout of the building allows for seamless customization to suit various retail or office needs, whether it's an open-plan showroom, individual office suites or storefronts, or a combination of all.Currently set up as two suites with ability for owner user to take one side and lease out the other side to tenant. Both suite come with Men and womens bathroom and kitchen/breakroom.
Parking Convenience: Ample parking facilities ensure hassle-free access for customers, enhancing the overall convenience and attractiveness of the property.
Strategic Location: Situated in a thriving commercial corridor, this property is surrounded by a dynamic mix of businesses, restaurants, and residential communities. Across the street is the new Red Bird Mall development with new development of apartments, retail and UT Southwestern just opened a new medical center.

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes £8,619 £1.03
Operating Expenses £2,347 £0.28

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual £8,619
Annual Per SF £1.03
Operating Expenses
Annual £2,347
Annual Per SF £0.28
Total Expenses
Annual £10,966
Annual Per SF £1.31

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,402 SF
Building Class
C
Year Built/Renovated
1979/2017
Price
£1,330,161
Price Per SF
£158
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Lot Size
0.73 AC
Zoning
Reg Ret Dt - zoning district is (RR) Regional Retail allowing for Retail Personal Service and Office.
Parking
36 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
230 ft on Marvin D Love

Amenities

  • Freeway Visibility
  • Pylon Sign

Nearby Major Retailers

Starbucks
Chase Bank
Prosperity Bank
Simmons Bank
Planet Fitness
Frost Bank
Ymca
Taco Bueno Restaurants
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000498278000000
Land Assessment
£127,539 (2023)
Improvements Assessment
£248,037 (2023)
Total Assessment
£375,576 (2023)
Annual Taxes
£8,619 (£1.03/sf)
Tax Year
2024
  • Listing ID: 31548782

  • Date on Market: 18/04/2024

  • Last Updated:

  • Address: 6960 Marvin D Love Fwy, Dallas, TX 75237

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