122 W 7th St
Dallas, TX 75208

Marcus & Millichap is pleased to present 122 W 7th St, a 0.47 acre redevelopment site located on the corner of 7th Street and Zang Boulevard in the Bishop Arts District of Dallas, Texas. The subject property features a 4,500 square-foot retail building constructed in 2003 and an income-producing billboard and twenty-nine parking spaces. The property is situated on an elevated corner that provides maximum exposure in the center of one of the hottest sub-markets in Dallas-Fort Worth. Surrounding developments include new Class-A mixed-use projects, as well as a brand new CVS directly across the street. The Dallas Area Rapid Transit (D.A.R.T.) public transportation stop is also located directly across the street allowing convenient access to Downtown Dallas and beyond. Major developers have also been drawn to this sub-market with multiple Class-A developments currently underway to support the growing population of Dallas-Fort Worth and the intrigue of the Bishop Arts District. These projects include Alamo Manhattan's Victor Prosper, featuring 216 multifamily units and 25,000 square-feet of commercial space, and Crescent Communities' Novel Bishop Arts, featuring 302 multifamily units and 23,000 square-feet of commercial space. Both new developments are located across from subject property and will soon deliver a surge of new life and a fresh look to this sub-market. The subject property offers investors the opportunity to be a part of this vastly growing sub-market in a prime location that will service hundreds of new residents within walking distance and commuters with ideal parking and direct access to public transportation. A new investor will have the opportunity to re-position or redevelop the property to capture the rising rents and be strongly positioned for the increase of population in the immediate area.