Address
6211 Northwest Highway, Dallas, TX
Price
$ 2,000,000
Property Attributes
  • MLS#20570366
  • TypeCommercial
  • CountyDALLAS
  • CityDallas
  • NeighborhoodPreston Tower
  • Zip75225
  • StyleRetail
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2260
  • Lot Size4.5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

First time offered, prime retail space at the Iconic Preston Tower for sale. This space is the largest commercial space at the Preston Tower, and its the largest commercial space behind the Pink Wall. The 2260 sq. ft. space encompasses the entire east side first floor frontage with 90 feet of glass facing NW Highway. The space is currently divided into offices, and was last used as a title company. Multiple uses available, one of a kind location, the Preston Tower has the only commercial space behind the Pink Wall, where an estimated 2000 condos are within walking distance. Plenty of parking in dedicated commercial parking lot on the east side of the building. Lease value estimated at $80 psf, and using a 5% cap rate (considering the quality of Preston Center retail),sets value at 2.4 mil. Retail lease rates in Preston Center $100 psf and up for prime space.

Price History
3/26/2024 Listed $2,000,000

General Features

Heating Central
Cooling Central Air
Utilities All Weather Road,City Sewer,City Water
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Built-Up
Year Built 1965
Tenant Pays None
Business Type Commercial,Deli/Catering,Gift Shop,Medical,Restaurant,Retail
Building Use Office,Retail,Other
Will Subdivide Yes
Gross Annual Expenses 60000.00
Property SubType Retail
Subdivision Name Preston Tower
Zoning Description Commercial
County Dallas
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions Use Your GPS
City Dallas
Buyer Agent Compensation 3
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20570366
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Tile
Total Stories 27
Total Units 1
SQFT Gross 2260
Lock Box Type None

Exterior Features

Lot Size Source Assessor
Parking Features Parking Lot
Lot Size 3 to < 5 Acres
Foundation Pillar/Post/Pier
Lot Size Area 4.5000
Lot Size Units Acres
Building Area Total 2260.00
Road Frontage Type City Street
Lot Size Square Feet 196020.0000
Lot Size Acres 4.5000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75225

Price
AVG $2M
$2M
Visits
AVG 21
21
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1965

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