Bryan Street Retail

4800-4812 Bryan St, Dallas, TX 75204

INVESTMENT SUMMARY

This redevelopment of approximately 7,800 square feet of store-front retail in the center Lowest Greenville was completed in Q2 2018. Prior ownership purchased the asset which was in foreclosure and 85% vacant. EMG repositioned the center and put in over $1,000,000 in capital improvements. EMG also acquired the adjacent parcel for additional parking. The shopping center is 100% occupied at market rents with an exceptional group of restaurant tenants. This center serves as the start of the retail corridor much needed in the immediate submarket. Sitting on just under one acre of land, there is also further development opportunity in the future.

PROPERTY DETAILS

• 5 retail tenants
• Approximately 7,800 interior sq ft
• Ample Parking

INVESTMENT DETAILS

• Distressed asset repositioned and fully leased within eighteen months
• Over 150 basis points of equity realized once reposition was completed
• One of the strongest redeveloping submarkets with 1,500 new housing units brought online in the last year
• Stabilized 7.60% CAP