Property Name

3 Marthas & Abbie's Doghouse Covered Land Play

GLA 13,535 SF

Percent Leased 100% Leased

Property Description

3 Marthas & Abbie’s Doghouse Covered Land Play is a two-tenant retail asset located along Maple Avenue within a densely populated and affluent submarket of Dallas, Texas.  Positioned just off the signalized intersection of Inwood Road and Maple Avenue, the Property is in close proximity to prominent DFW neighborhoods such as Oak Lawn, Uptown, Turtle Creek, Downtown, Highland Park and University Park, and moments from Dallas Love Field Airport.  3 Marthas & Abbie’s Doghouse Covered Land Play features parallel positioning to Maple Avenue, a masonry façade for 3 Marthas and excellent visibility.  Rents average only $11.59 PSF NNN with an average lease expiration of April 2026 presenting upside opportunity.  As a testament to the strength in the submarket and location, 3 Marthas has been at the property for 23 years.  Additionally, Abbie’s Doghouse experiences built-in rent escalation during their primary lease term. 3 Marthas & Abbie’s Doghouse Covered Land Play is priced well below replacement cost at just $210.78 PSF to the building. Nearby retailers include Lowes, Home Depot, CVS Pharmacy, Family Dollar, AT&T, Bank of America, Starbucks, 7-Eleven, Whataburger, Wells Fargo and T-Mobile, among others.