Investment Overview

Marcus & Millichap is pleased to exclusively present for sale Main/Haskell, a three-building portfolio totaling 12,950 square feet and situated on 0.61 acres at the signalized hard corner of Main Street and South Haskell Avenue in Dallas, Texas. The subject property features a mixture of building designs, allowing for multiple different uses that fall within the Commercial Services (CS) zoning, and features twenty-five surface parking spaces, along with ample street parking and paid parking options in the area. The property is also located within an Opportunity Zone, a government program which provides tax incentives for new development and businesses. The Main/Haskell property is located in the rapidly transitioning East Dallas submarket that is fueled by the growth of the adjoining submarkets of Deep Ellum, Old East Dallas, Lakewood, as well as nearby Baylor Medical Center. Within just a few blocks of the subject property there are several new Class A developments, including but not limited to: The Case Building, a 337-unit high-rise apartment complex; Indie Deep Ellum, a 231-unit luxury apartment complex with over 10,500 square feet of retail and a rooftop swimming pool; The Epic development, featuring a 250,000-square-foot of?ce building, a 310-unit apartment complex, a 164-key hotel, and 42,000 square feet of retail; The Stack, featuring 215,000 square feet of Class AA of?ce, 15,000 square feet of retail, and 16 stories of mixed-use; and The Assembly, a new development coming from Sterling Bay, that is scheduled to deliver 412,000 square feet of of?ce and ground ?oor retail. As well as the newly-announced multifamily development from New York-Based RXR at the former Uplift Academy location. The subject property is within walking distance to local shops, restaurants, and over thirty live music venues, while also being within close proximity to the Dallas Area Rapid Transit (D.A.R.T.) train system. Directly to the east is Baylor Medical Center and their new 300,000-square-foot of?ce development, and Texas A&M School of Dentistry. The average household income exceeds $115,000 within a three-mile radius of the subject property. Overall, Main/Haskell provides a new investor or owner/user the opportunity to be a part of one of the most progressive neighborhoods in the city of Dallas. With close proximity to multiple new developments, the 12,950-square-foot mixed-use portfolio allows a new owner the opportunity to be strongly positioned to capture the rising rents and property values in this immediate submarket, which is in the midst of a strong growth stage powered by the adjacent submarket economic and demographic growth.