Property Name

Greenville Avenue Value Add

GLA 9,680 SF

Percent Leased 0% Leased

Property Description

Greenville Avenue Value Add is a freestanding, 9,680 SF asset situated on approximately 22,071 SF (0.51 acres) of urban infill land on the desirable Greenville Avenue corridor in Dallas, Texas.  Currently occupied by Furniture One, the Property will be delivered vacant at closing, allowing immediate occupancy and/or repositioning capability.  Boasting extremely coveted Greenville Avenue frontage and a large, highly visible pylon sign, Greenville Avenue Value Add is positioned in a dense submarket with over 6,700,000 SF of office GLA, 5,100,000 SF of retail GLA and more than 13,000 multifamily units within a 1 mile radius (CoStar).  Additionally, the Property sits just seconds from Texas Health Presbyterian Hospital Dallas, one of the largest hospitals in North Texas, and 2 minutes from NorthPark Center, one of the top shopping destinations in the nation.  Average household income exceeds $140,700 and $138,800 in 3 and 5 mile radii, respectively.  Further, Greenville Avenue Value Add has a commuter friendly location with quick access to major North Texas thoroughfare US Highway 75 (North Central Expressway) and the Park Lane DART Light Rail Station. The Property is priced below replacement cost at just $273.76 PSF.