Property Name

Dallas Dog Palace

GLA 2,500 SF

Percent Leased 100% Leased

Property Description

Dallas Dog Palace is a 2,500 SF single tenant infill asset and covered land play opportunity located in PD 1002 just east of the Deep Ellum entertainment and office district in Dallas, Texas. Positioned just off Main Street on 12,000 SF of land, the Property is just minutes from Downtown Dallas on East Side Avenue.  Dallas Dog Palace signed a 5-year, absolute net lease with annual rent escalations through June 2027. Fully renovated in 2022, the Property received significant interior and exterior improvements with estimated cost in excess of $300,000. Dallas Dog Palace represents an in-place cash flow opportunity with future covered land play potential within the Planned Development District 1002 or PD 1002. Existing zoning encourages walkable, mixed-use urban development and allows by right for a towering floor to area ratio of 4:1, with a potential bonus floor to area ratio of 6:1. Additionally, PD 1002 allows a maximum height of 160 ft, 80% lot coverage and permitted uses for multi-family, office and hospitality assets.  Dallas Dog Palace is located within the dense submarket of East Dallas with a total population exceeding 372,300 in a five-mile radius.