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Mixed-Use

2210 Butler

2210 Butler St, Dallas, TX 75235

Listing Price: Request For Offer

Lot Size
1.01 acres
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present 2210 Butler, a 1.01-acre development site located at 2210 Butler Street, Dallas, Texas. The subject property is currently utilized as a parking lot with 100 spaces, 30 of those spaces are currently leased to Parkland Hospital on a short-term basis, while the remainder of the site is leased to a parking management company, also on a short-term bases. This flexible income opportunity allows a new developer or investor the ability to off-set potential expenses and holding costs associated with planning a new development. The subject property is located in the heart of Dallas' Southwestern Medical District and is surrounded by multiple hospitals and medical facilities including Parkland Hospital, UT Southwestern, Children's Medical, and many more. The site is currently zoned Industrial Research (IR), which allows for multiple commercial uses, as well has the potential for high-density development. Dallas-Fort Worth is considered the top commercial real estate market in the United States. With an in?ux of new residents and corporate relocations, investors and developers continue to target this market to service the increasing demand for assets. The top employers in the Dallas-Fort Worth metroplex include American Airlines Group, AT&T, Bank of America, Baylor Scott & White, JPMorgan Chase, Texas Instruments, UT Southwestern Medical Center, and many more. Employers and residents are drawn to this market for the Metroplex's pro-business government and relatively low cost-of-living, in comparison to coastal markets. Overall, 2210 Butler provides a new developer or investor the rare opportunity to acquire a core in?ll site in the middle of Dallas' thriving Southwest Medical District. The subject property features short-term leases which allows a new owner the freedom to either begin development relatively quickly, or off-set their holding costs while a new development is planned. The infill location of 2210 Butler offers the ease of access throughout the city, with convenient access to the Dallas North Tollway, Interstate 35E, and several major thoroughfares, and is located just minutes from Dallas Love Field Airport, Highland Park, and Uptown Dallas. The subject property is also proximate to major employment centers including the Southwest Medical District and the Old Parkland Campus.

Investment Highlights

  • Prime Southwest Medical District Asset | 1.01-Acre Development Opportunity
  • 100 Parking Spaces | Short-Term Leases to Parkland Hospital & Parking Management Company
  • IR Zoning | Allows For Multiple Commercial Uses

Exclusively Listed By

Financing By

Mixed-Use

2210 Butler

Listing Price: Request For Offer

Lot Size
1.01 acres
Land Type
Land

Investment Highlights

  • Prime Southwest Medical District Asset | 1.01-Acre Development Opportunity
  • 100 Parking Spaces | Short-Term Leases to Parkland Hospital & Parking Management Company
  • IR Zoning | Allows For Multiple Commercial Uses

Investment Overview

Marcus & Millichap is pleased to present 2210 Butler, a 1.01-acre development site located at 2210 Butler Street, Dallas, Texas. The subject property is currently utilized as a parking lot with 100 spaces, 30 of those spaces are currently leased to Parkland Hospital on a short-term basis, while the remainder of the site is leased to a parking management company, also on a short-term bases. This flexible income opportunity allows a new developer or investor the ability to off-set potential expenses and holding costs associated with planning a new development. The subject property is located in the heart of Dallas' Southwestern Medical District and is surrounded by multiple hospitals and medical facilities including Parkland Hospital, UT Southwestern, Children's Medical, and many more. The site is currently zoned Industrial Research (IR), which allows for multiple commercial uses, as well has the potential for high-density development. Dallas-Fort Worth is considered the top commercial real estate market in the United States. With an in?ux of new residents and corporate relocations, investors and developers continue to target this market to service the increasing demand for assets. The top employers in the Dallas-Fort Worth metroplex include American Airlines Group, AT&T, Bank of America, Baylor Scott & White, JPMorgan Chase, Texas Instruments, UT Southwestern Medical Center, and many more. Employers and residents are drawn to this market for the Metroplex's pro-business government and relatively low cost-of-living, in comparison to coastal markets. Overall, 2210 Butler provides a new developer or investor the rare opportunity to acquire a core in?ll site in the middle of Dallas' thriving Southwest Medical District. The subject property features short-term leases which allows a new owner the freedom to either begin development relatively quickly, or off-set their holding costs while a new development is planned. The infill location of 2210 Butler offers the ease of access throughout the city, with convenient access to the Dallas North Tollway, Interstate 35E, and several major thoroughfares, and is located just minutes from Dallas Love Field Airport, Highland Park, and Uptown Dallas. The subject property is also proximate to major employment centers including the Southwest Medical District and the Old Parkland Campus.

Exclusively Listed By

Financing By

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