The Glo Building in Deep Ellum 3710-3712 Commerce St

The Glo Building in Deep Ellum is a 10,859 SF multi tenant infill asset and opportunity located adjacent to the Santa Fe Trail with favorable positioning within an opportunity zone inside of Deep Ellum entertainment and office district in Dallas, Texas. Benefitting from a Commerce Street address, the Property has walkable experience yet with significant gated parking, and just minutes from Downtown Dallas. The Glo Building in Deep Ellum is currently 100% leased with rents averaging $27.02 PSF NNN, which are at or below market. Comparable caliber space located moments from the property are demonstrating rents of $36.00 - $42.00 PSF NNN. Renovated in 2018, the Property received significant interior and exterior improvements with costs in excess of one million dollars. The Glo Building in Deep Ellum benefits from an enclosed on-site parking lot, masonry construction, original branded pylon sign, storefront glass along front of property, brand new mural on west wall and an average base lease term expiration of October 2027. The Property is located within the dense submarket of East Dallas with a total population exceeding 373,100 in a five-mile radius.