Merriman Park Retail FOR SALE


Dallas, TX
$6,750,000 USD
214-545-6916
, Dallas, TX for Sale
$6,750,000 USD
Retail - FOR SALE
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Merriman Park
Dallas, TX


HIGHLIGHTS

  • Value-Add Opportunity: 71.62% occupied
  • Ample Parking: Parking Ratio 11.92 per 1,000 sf
  • Excellent Location: Positioned at a major intersection in Dallas near multiple retail centers
  • Staggered Lease Expirations: WALT of 4.32 years

OVERVIEW

Merriman Park (the “Property”) is a 32,729 square foot shopping center located at the intersection of Skillman Street and Abrams Road in Dallas, Texas. Built in 1976 and sitting on 5.09 acres, the property is currently 71.6% occupied by a tenant mix of local and national retailers such as Harbor Freight Tools, Metro by T-Mobile, and Cindy’s Discount Liquor. The property offers connectivity to a major intersection that connects two highly trafficked north-south thoroughfares that run through East Dallas. This connectivity extends further to Northwest Highway, which offers access to both East Dallas and the Park Cities. Due to the center’s centralized location, the surrounding trade area boasts robust demographics with a total population exceeding 380,750 within a 5-mile radius and median household incomes of $69,456. This submarket is home to various major retailers and prominent businesses, including NorthPark Center and Texas Health Presbyterian Hospital Dallas, among others. This prime location makes the property highly desirable for businesses seeking visibility and accessibility in a dynamic and thriving retail landscape.

ASK ABOUT THIS PROPERTY

Brandon BeesonEDGE Capital MarketsMore Info
214-545-6916

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Brandon BeesonEDGE Capital MarketsMore Info
214-545-6916

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