Lower Greenville Retail

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Location

1917 Greenville Ave Dallas, TX 75206


Description

DuWest Realty Investment Services is pleased to present the sale of 1917 Greenville Ave., a 5,136 square foot building in the heart of historic Lower Greenville, one of the premier entertainment districts in Dallas. Greenville Avenue was originally developed in the 1920’s as a “streetcar suburb” four miles north of Downtown Dallas. Over the years, it has become a popular nightlife destination for several the city’s top restaurants, bars and coffee shops. In 2012, the City of Dallas also spent $5 million to make the Lower Greenville corridor more pedestrian friendly, expanding sidewalks by 12 feet and adding benches and trees throughout. This revitalization dramatically improved residential values in the neighborhood as well as attracted Trader Joe’s, which opened its doors just one block away from the subject in 2013.

In 2018, the building was completely renovated with owner taking the building down to the studs and installing a new roof, electrical, plumbing and HVAC. The total renovation cost was a reported $526,000 ($105 psf). The property is currently leased to Feng Cha Boba Tea. The other two spaces are leased to Sugaring NYC and Balanced Being Yoga on fresh 10 and 5 year terms, respectively. 1917 Greenville presents an excellent opportunity to acquire a rare jewel in the Lower Greenville submarket, where properties are not available often.

Square Feet

5,136 SF


Contact Us About This Property
Alex Speed Throckmorton

Alex Speed Throckmorton

479.650.4144 alexspeed@duwestrealty.com

Lower Greenville Retail

1917 Greenville Ave Dallas, TX 75206