Improved Commercial Land for Sale in Dallas, Texas

6211 Northwest Hwy Dallas, TX 75225

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$2,000,000
4.5 acres
Active sale agoEst $13,861/mo

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.

2,260
Sq feet
1965
Built

Property details

Coordinates
32.8663, -96.7999
Community
Preston Tower
Elevation
591 feet
MLS Number
NTREIS 20570366
Date Posted

Parcels

  • 00C58950000100B26

Resources

This 4.5-acre property is located at 6211 Northwest Hwy in Dallas, TX 75225 with latitude 32.8663 and longitude -96.7999. The property is currently available for sale for $2,000,000. It has a 2,260 sq ft structure built in 1965. Listing data is sourced from North Texas Real Estate Information Systems # 20570366.

Verify sale details at the property source or contact Allie Beth Allman & Assoc. at (214) 528-2500.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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