403 W Memorial Drive

Highlights:

• Lot Features: Level
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Legal Desc
• Cooling: Central Air, Heat Pump
• Heating: Heat Pump
• Electric: 110 Volts
• Flooring: Carpet
• Construction Materials: Block
• Parking Features: Parking Lot
• Accessibility Features: Accessible Entrance
• Security Features: None

Description:

So close to downtown Dallas and across from Dallas Markets, this single story building with a
new roof and newer HVAC. Currently a retail shop, it has endless
possibilities. Don't miss the opportunity to get in on the revitalization coming to this area. Easy
access 278Investment opportunity... take advantage of two income streams including a newly executed 5 year NNN lease and a separate billboard. The leaseback cap rate is 10.5%+ / ~$30K annual revenue and the billboard revenue is a separate stream.
Note, the seller has reserved the option of selling as owner / user. Zoning is C2 with the city of Dallas which allows for a wide range of uses. See documents for C-2 permitted uses which allows for a convenience store with fuel pump. All showings should be scheduled with the listing agent and after 11 am.