280 Sports

We are pleased to introduce a compelling investment opportunity at 280 Commerce St in Southlake, TX. This retail property offers a substantial 105,000 square feet of space on a generous 4.15-acre lot, providing a versatile canvas for various business ventures. The property’s 22’ ceiling height and flexible zoning are key factors in its investment appeal, enhancing its adaptability to evolving market demands. Currently boasting an impressive 98% occupancy rate, it stands as a testament to its historical stability. With a Net Operating Income (NOI) of $1,200,000, this property is positioned for solid returns, supported by a strong capitalization rate of 7.5%. This property is strategically positioned in Southlake, a location known for its strong emphasis on youth-centric services and quality-driven commerce. Its history of consistently low vacancy rates mirrors the wider market’s 4% vacancy rate, underlining its attractiveness to investors. The property’s unique location at the gateway to DFW Airport adds another layer of strategic value, making it an enticing hub for businesses seeking exceptional connectivity and accessibility. With a rentable square footage of 89,250, this investment embodies the key financial highlights that align with your investment goals. In summary, 280 Commerce St offers a blend of features that not only maximize potential returns but also position it as a compelling prospect for investors looking to thrive in a desirable area of DFW. This property offers a unique blend of advantages that make it an enticing prospect for investors. First and foremost, there’s significant upside potential with below- market rents, setting the stage for increased cash flow and property appreciation. Furthermore, it’s attractively priced below replacement cost, offering a cushion of value. Its history of consistently low vacancy rates adds a layer of stability, especially in a market with an impressively low 4% vacancy rate.