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9888 Ferguson Rd
Dallas, TX 75228

Building B · Retail Property For Sale

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Investment Highlights

Value Add Opportunity: Center gives a buyer the ability to substantially increase NOI via lease up of existing vacancy
Property Includes Pad Site Potential for Future Development and Upside
Recently Signed Long Term Lease with National Tenant, WellMed

Urban Infill Location: 257,154 Residents within a 5-Mile Radius, with an Avg. HH Income of $95,400, less than 10 min from Downtown Dallas
Roof Recently Replaced in (2021) | Priced at $145 PSF
Diverse Tenant Mix: The property features a desirable tenant line-up of local & national tenants, most of which have been operating at the center

Executive Summary

Kyle Matthews
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Restaurant

Building Size

10,290 SF

Building Class

Year Built

1960

Price

$5,100,000

Price Per SF

$496

Cap Rate

8.52%

NOI

$434,485

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.05

Lot Size

5.00 AC

Zoning

Z59

Parking

45 Spaces (4.37 Spaces per 1,000 SF Leased)

Frontage

123 FT on Oates Cir

Amenities

Pylon Sign

PROPERTY TAXES

Parcel Number	00000710269000000	Improvements Assessment	$1,893,170
Land Assessment	$576,830	Total Assessment	$2,470,000

PROPERTY TAXES

Parcel Number

00000710269000000

Land Assessment

$576,830

Improvements Assessment

$1,893,170

Total Assessment

$2,470,000

Learn More About Investing in Retail Properties

See All Articles

Listing ID: 32771826
Date on Market: 11/13/2023
Last Updated:
Address: 9888 Ferguson Rd, Dallas, TX 75228

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