Gaston & Fitzhugh Hard Corner Covered Land Play
Gaston & Fitzhugh Hard Corner Covered Land Play is a 26,280 SF (0.60 acre), hard corner infill asset in the East Dallas submarket located seconds from Baylor Hospital in between Lakewood and the Deep Ellum entertainment and office district in Dallas, Texas. Positioned at a meaningful urban infill hard corner, the Property is just minutes from Downtown Dallas on the going-to-work side of Gaston Avenue. Gaston & Fitzhugh Hard Corner Covered Land Play is currently comprised of three (3) buildings with 6,194 SF of improvements, including an existing, free-standing drive thru directly on the corner of Gaston and Fitzhugh Avenues. The Property is 100% occupied with short term or month-to-month gross leases, presenting the opportunity to acquire in-place cash flow with the ability to reposition the existing buildings or develop the entire corner. The property benefits from strong residual value as a rectangular, hard corner site at a four-way lighted intersection in a dynamic neighborhood. Overall, Gaston & Fitzhugh Hard Corner Covered Land Play represents a potential future covered land play with a diversified cash flow upon acquisition.