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Urban-High Street

4408 Gaston

4408 Gaston Ave, Dallas, TX 75246

Listing Price: $2,000,000

Cap Rate
6.96%
Gross SF
4,826
Rentable SF
4,826
Price/Gross SF
$414.42
Lot Size
0.28 acres
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 4408 Gaston Avenue, a 4,826-square-foot, single-tenant net-leased retail property situated on 0.28 acres in the heart of Old East Dallas. Originally constructed in 1970 and renovated in 2025, the property offers investors the opportunity to acquire a stabilized retail asset with minimal landlord responsibilities under a triple-net (NNN) lease structure. Positioned along the highly trafficked Gaston Avenue corridor, the property benefits from excellent visibility, convenient accessibility, and proximity to some of Dallas' most prominent demand drivers, including Baylor University Medical Center, Downtown Dallas, Lakewood, Lower Greenville, and Deep Ellum.

The surrounding area continues to experience sustained growth and reinvestment, supported by strong residential density, increasing household incomes, and ongoing commercial development throughout East Dallas. The property's strategic location within one of the city's most established urban corridors provides long-term appeal to retailers and service-oriented businesses seeking access to a growing and affluent consumer base.

The Dallas-Fort Worth Metroplex remains one of the nation's premier investment destinations, driven by robust population growth, corporate relocations, and sustained employment expansion. As one of the fastest-growing metropolitan areas in the United States, DFW continues to attract businesses and residents alike, creating strong fundamentals for retail real estate and supporting long-term tenant demand across the region.

Investment Highlights

  • Single-Tenant NNN Retail Investment Opportunity
  • Listing Price: $2,000,000 | Cap Rate: 6.96% | NOI: $139,182
  • 4,826-SF Building | Situated on 0.28 Acres Along Gaston Avenue
  • Prime Old East Dallas Location Near Baylor University Medical Center
  • Excellent Visibility and Accessibility Within a Dense Urban Corridor
  • Surrounded by Downtown Dallas, Lakewood, Lower Greenville and Deep Ellum

Exclusively Listed By

  • Joe Santelli

    Senior Director Investments

    (972) 755-5282

    Email Joe

    License(s): TX: 664135, FL: SL3568387, TX: 664135-B

    Dallas

Financing By

Urban-High Street

4408 Gaston

Listing Price: $2,000,000

Cap Rate
6.96%
Gross SF
4,826
Rentable SF
4,826
Price/Gross SF
$414.42
Lot Size
0.28 acres
Year Built
1970

Investment Highlights

  • Single-Tenant NNN Retail Investment Opportunity
  • Listing Price: $2,000,000 | Cap Rate: 6.96% | NOI: $139,182
  • 4,826-SF Building | Situated on 0.28 Acres Along Gaston Avenue
  • Prime Old East Dallas Location Near Baylor University Medical Center
  • Excellent Visibility and Accessibility Within a Dense Urban Corridor
  • Surrounded by Downtown Dallas, Lakewood, Lower Greenville and Deep Ellum

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 4408 Gaston Avenue, a 4,826-square-foot, single-tenant net-leased retail property situated on 0.28 acres in the heart of Old East Dallas. Originally constructed in 1970 and renovated in 2025, the property offers investors the opportunity to acquire a stabilized retail asset with minimal landlord responsibilities under a triple-net (NNN) lease structure. Positioned along the highly trafficked Gaston Avenue corridor, the property benefits from excellent visibility, convenient accessibility, and proximity to some of Dallas' most prominent demand drivers, including Baylor University Medical Center, Downtown Dallas, Lakewood, Lower Greenville, and Deep Ellum. The surrounding area continues to experience sustained growth and reinvestment, supported by strong residential density, increasing household incomes, and ongoing commercial development throughout East Dallas. The property's strategic location within one of the city's most established urban corridors provides long-term appeal to retailers and service-oriented businesses seeking access to a growing and affluent consumer base. The Dallas-Fort Worth Metroplex remains one of the nation's premier investment destinations, driven by robust population growth, corporate relocations, and sustained employment expansion. As one of the fastest-growing metropolitan areas in the United States, DFW continues to attract businesses and residents alike, creating strong fundamentals for retail real estate and supporting long-term tenant demand across the region.

Exclusively Listed By

  • Joe Santelli

    Senior Director Investments

    (972) 755-5282

    Email Joe

    License(s): TX: 664135, FL: SL3568387, TX: 664135-B

    Dallas

Financing By

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