910 S Cedar Ridge Dr 5,982 SF 100% Leased Retail Building Duncanville, TX 75137 £489,710 (£81.86/SF)

INVESTMENT HIGHLIGHTS

  • Prime location in downtown Duncanville.
  • Close Proximity to I-20.
  • Flexible Investment or Owner/User options.
  • Heavily trafficked retail corridor.

EXECUTIVE SUMMARY

Situated at 910 Cedar Ridge in Duncanville, this property features two distinct suites, each tailored to accommodate diverse occupancy requirements. Suite A spans 3,126 square feet, providing ample space for operations, while Suite B offers a substantial 2,856 square feet. Suite A has long been leased to SBS Furniture Store, a renowned establishment recognized for its premium furnishings and unwavering dedication to customer satisfaction. Suite B, on the other hand, has served the current owners. Noteworthy is the existing tenant's month-to-month lease agreement, willingness to extend their occupancy, and provide a stable source of income for the new owner. This presents prospective buyers with multiple options: they could lease the property back to the current tenant as an investment opportunity, retain the tenant while utilizing a portion of the space for their own purposes, or fully occupy the premises for their business endeavors. This flexibility in leasing arrangements underscores the versatility of 910 Cedar Ridge, offering investors and business owners a wide array of possibilities to customize the space according to their specific objectives and preferences.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,982 SF
Building Class
C
Year Built
1978
Price
£489,710
Price Per SF
£81.86
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.36
Lot Size
0.38 AC
Zoning
Local Retail-2 - Commercial
Parking
12 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
66 ft on Cedar Ridge Dr

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
10,110
88,592
172,457
304,046
2029 Population
9,913
87,183
170,049
300,204
2024-2029 Projected Population Growth
-2.0%
-1.6%
-1.4%
-1.3%
Median Age
38.3
35.5
35.7
36.1
College Degree + Higher
30%
25%
24%
16%
Daytime Employees
7,499
26,995
69,331
101,063
Total Businesses
769
3,075
7,114
11,481
Average Household Income
$89,417
$76,333
$80,434
$81,777
Median Household Income
$76,507
$57,130
$60,424
$63,024
Total Consumer Spending
$107.5M
$850.4M
$1.7B
$3B
2024 Households
3,331
30,549
59,436
101,770
Average Home Value
$246,220
$248,430
$254,307
$255,486
$ values in USD

NEARBY MAJOR RETAILERS

Comerica
Taco Bueno
Boston Market
Snap Fitness 24/7
Starbucks
Tom Thumb
Workout Anytime
PNC Bank
Chase Bank

PROPERTY TAXES

  • Listing ID: 30994864

  • Date on Market: 19/02/2024

  • Last Updated:

  • Address: 910 S Cedar Ridge Dr, Duncanville, TX 75137