Preston & Frankford

Contact

Will Walters

214-675-3665

willwalters@duwestrealty.com

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Location

18101 Preston Road, Dallas, TX 75252

Price:  
2,307,000
Cap Rate:  
6.85%
Description

DuWest Realty is pleased to offer for sale the fee simple interest in this 100% occupied, two-tenant NNN leased property situated at the northwest corner of Preston Road and Frankford Road, a major intersection in the North Dallas submarket. Just a few miles up Preston Road from Preston Trail Golf Club and Bent Tree Country Club, the property benefits from an affluent demographic. The average household income is over $125,000 in the surrounding square mile and around $102,000 when you stretch the radius to three and five miles. It is also a very dense submarket, with over 16,000 people living within a mile of the property and nearly 137,000 residents in the 3 mile radius. The tenants at the property benefit from good visibility and easy access along Preston Road (51,239 vpd) and Frankford Road (28,547 vpd). This dynamic intersection provides ample retailer traffic with both a high daytime and nighttime population.

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