Office/Retail for Sale

+/-5,800 SF +/-$300.00 SF $1,740,000.00

Mote & Associates is pleased to offer the opportunity to acquire a +/-5,800 SF building located in Duncanville, TX.
Property is unoccupied.
Property features include parking with 8 parking spots, 1 monument sign, 4 restrooms, 2 of which are stalled, and 2 private restrooms, 1 walk-in shower, 1 changing room, 4 offices, 1 conference room, 5 activity/classrooms, 1 large day room, 1 break room, 1 kitchen/food prep area, 1 pantry, 3 storage closets, 2 utility rooms with w/d connections, alarm system and fire sprinkler system. Property is centrally located only +/-1.5 miles to Interstate 20, +/-3.0 miles to Highway 67, +/-7.3 miles to Interstate 35E, and +/-9.1 miles to TX-360.
Duncanville is located Southwest of Dallas, also known as “Best Southwest,” which includes Duncanville, Cedar Hill, DeSoto, and Lancaster. Per CoStar, “At 10.6% vacancies in Southwest Dallas are near all-time lows, tracking well below the Dallas market average. Despite a slow down in growth in the past year, rent growth has generally outperformed the metro average over the past few years. Until recently, vacancy rates have rested near record lows. That changed with the completion of 315,000 SF in the newly redeveloped Red Bird Mall. As of 21Q2, the building is 100% leased. Southwest Dallas’s vacancy rate compares favorably to submarkets with a similarly heavy concentration of 1 & 2 Star and 3 Star inventory, such as Grand Prairie and Garland.”