214-766-7241
1050 N Westmoreland Rd, Dallas, TX for Rent

$22.00 USD /SF/yr

Office - For Rent
1/11
1,436 SF | 1 Space

1050 N Westmoreland Rd
Dallas, TX 75211
North Oak Cliff


OVERVIEW

Kessler Hills Center is located at the NEC of Westmoreland Rd. & Ft. Worth Ave, on the going-home route amongst a large population (18,065, 145,129, and 303,280) encompassing consumers within a 1, 3, 5 mile radius respectively. This center is at the heart of redevelopment for this north Oak Cliff sub-market, with many residential, multi-family, and new retail developments and redevelopments under way. Traffic counts have increased substantially within the last five years, 31,809vpd Westmoreland Road (north/south), and 22,486vpd Fort Worth Avenue (east/west) (NCTCOG). Average household income within a 1, 3, and 5 mile radius has increased over five percent (5%+) annualized over the past five years, outpacing the DFW and national markets ($60,175, $68,281, and $75,576 respectively). Kessler Center has retained consistently strong occupancy over the last ten years (92 – 100%). Repositioning of the center has taken place since 2005, swapping interior tenancy toward medical-type operators, and smaller space retailers on the exteriors. This led to zero impact on rental during the 2020 lockdown. UEI Medical Tech College has occupied one of the anchor spaces recently, and will begin classes in the Fall of 2022. Colaw Fitness has occupied the second anchor space and is underway with their finish-out, pushing for a late Fall 2022 opening. Both on new, 10-year leases.

RENTAL DETAILS

SPACE AVAILABLE

1,436 SF

# OF SPACES

1

RENT/MONTH

$2,633 USD /mo

RENT RATE (MO)

$1.83 USD /SF/mo

RENT RATE (YR)

$22.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

3 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

-

TOTAL BUILDING SIZE

103,934 SF

YEAR BUILT

1989

PARKING SPACES

693

LAND DETAILS

LAND ACRES

10.3944 AC

LAND SF

452,780 SF

ZONING

PD-714

ASK ABOUT THIS PROPERTY

David ValdezICB Properties, LLCMore Info
214-766-7241

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David ValdezICB Properties, LLCMore Info
214-766-7241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.