EXCELLENT LOCATION: Located at the corner of Greenville Ave and Fair Oaks Ave, between Northwest Hwy and Park Ln, the Property sits on a major traffic artery in East Dallas. The Property is directly across the street from the 1.2 million square foot Shops at Park Lane development and is less than half a mile from Northpark Mall, one of the most prestigious shopping destinations in Dallas.
IDEAL QSR PAD SITES: The Property is a ±1.032 acre site with an existing ±13,564 SF building that can be demolished to accommodate two pad sites serving car wash, quick serve restaurants or other retail users. There is are conceptual site plans configured for two drive-thru restaurants. The Property is one of the largest contiguous redevelopment tracts on Greenville Ave. Additionally, the site offers high visibility and excellent access. There is the potential to lease the 27,377 square feet contiguous paved lot at the rear of the Property from Oncor.
STRONG DEMOGRAPHICS: With a population of approximately 35,553 and 152,507 living within a 1 and 3 mile radii of the Property respectively, the Property benefits from a dense pool of consumers in close proximity. The population within a 1 mile radius of the Property has experienced a dramatic 10.51% increase since 2010. Additionally, the average household income within a 3 mile radius of the property is $124,338.
MANY AREA TRAFFIC DRIVERS: Retailers in close proximity including Neiman Marcus, Nordstrom, Macy’s, Whole Foods, Saks Off Fifth, Dick’s Sporting Goods, Bloomingdale’s and many more, make the property a prime retail location.