Davis Street Retail

803 W Davis St, Dallas, TX 75208

INVESTMENT SUMMARY

This ground-up construction started in Q1 2019. The proposed site is approximately 12,000 square feet and sits on approximately one acre of land. The site is in the Bishop Arts district and was originally purchased in 2015 as a used car lot. As the submarket continued to gentrify, the growing need for additional store-front retail tenants because apparent. The majority of the space in the building is already spoken for. Completion is set for Q1 2020.

PROPERTY DETAILS

• 4 retail tenants
• Approximately 12,000 interior sq ft
• Ample parking

INVESTMENT DETAILS

• Purchased as a land play in 2015 with future redevelopment potential
• Upon completion of construction, ownership will realize 400 basis points of equity
• Rare opportunity to acquire almost 1 acre of commercially zoned land in prime Bishop Arts
• Future development potential as zoning allows for a significantly larger footprint