Skip to main content

Mixed-Use

Midway Redevelopment

13342 Midway Rd, Farmers Branch, TX 75244

Listing Price: Request For Offer

Lot Size
3.91 acres
Land Type
Redevelopment
Buildable Square Feet
105,576

Investment Overview

Marcus & Millichap is pleased to present 13342 Midway, a 105,576-square foot asset situated on 3.91 acres and located at 13342 Midway Road in Farmers Branch, Texas (Dallas MSA). This prime infill redevelopment opportunity is located in the heart of Farmers Branch amongst several new Class-A developments and is proximate to LBJ Freeway (Interstate-635). The subject property offers a new investor, owner/user, or developer the opportunity to reposition a well-built asset into a multitude of new uses. Originally built in 1973 and fully renovated in 2008, the subject property was once home to Gabberts Furniture Store, a fixture in the North Dallas community. The two-story open floor plan allows the new owner to be creative in their vision for the property. In addition, the 3.91-acre foot print allows for the ability to construct a phase II concept for the potential of either a second building or enclosed vehicle storage facility. A Specific Use Permit has also been obtained for the property to allow for the use of an enclosed vehicle storage facility, as well as one that allows for outdoor sculpture display.

The city of Farmers Branch is home to more than 4,000 companies and over 250 corporate headquarters locations, most notably, BSN Sports LLC, TD Industries Inc., Scout & Cellar, Iidon Security, Taco Bueno, SoftLayer Technologies (IBM), CoPart, Coca Cola, Chase, Tuesday Morning, and Brinks. The city is bordered by two interstate highways and two toll roads, as well as less than 15-minutes from Dallas-Fort Worth International Airport and Dallas Love Field Airport. The subject property is also located just minutes from the Addison Airport. The citys safe neighborhoods, 28 parks, recreational facilities, and world-class businesses make Farmers Branch a great place to work or live. With a sales tax exemption, property tax rebate, and potential economic incentives from the Economic Development Corporation, it is easier than ever to relocate and to Farmers Branch, Texas. The city prides itself on providing the opportunity for a high-quality life for employees and residents. Other notable attractions include the Galleria (1.7 million square-foot regional mall), Dallas Medical Center, Brookhaven College, W.T. White High School, The Hockaday School, and many more. (farmersbranchtx.gov)

Overall, 13342 Midway provides a new investor or owner/user the opportunity to acquire an extremely well-located infill asset in a centrally-located, high demographic submarket of Dallas, Texas. The close proximity to major tollways and freeways allows for convenient access to all directions of the Metroplex, ideal for a new destination concept or headquarters. The subject property is currently zoned LI-1 which offers the opportunity for multiple uses in addition to enclosed vehicle storage which is now allowed due to the recently approved Specific Use Permit.

Investment Highlights

  • Prime Infill Redevelopment Opportunity | Strong Demographics
  • 105,576-Square Foot Building | Situated on 3.91 AC
  • Two Floors | 52,788-Square Feet Each | 116 Clear Heights | Fully Sprinkled
  • 177 Parking Spaces On-Site | Pole Signage | Monument Signage
  • Average HH Income Exceeds $115,000 Within a One-Mile Radius
  • Traffic Counts Exceed 50,000 VPD on Midway Road & 342,000 VPD on I-635

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Lot Size
3.91 acres
Land Type
Redevelopment
Buildable Square Feet
105,576

Investment Highlights

  • Prime Infill Redevelopment Opportunity | Strong Demographics
  • 105,576-Square Foot Building | Situated on 3.91 AC
  • Two Floors | 52,788-Square Feet Each | 116 Clear Heights | Fully Sprinkled
  • 177 Parking Spaces On-Site | Pole Signage | Monument Signage
  • Average HH Income Exceeds $115,000 Within a One-Mile Radius
  • Traffic Counts Exceed 50,000 VPD on Midway Road & 342,000 VPD on I-635

Investment Overview

Marcus & Millichap is pleased to present 13342 Midway, a 105,576-square foot asset situated on 3.91 acres and located at 13342 Midway Road in Farmers Branch, Texas (Dallas MSA). This prime infill redevelopment opportunity is located in the heart of Farmers Branch amongst several new Class-A developments and is proximate to LBJ Freeway (Interstate-635). The subject property offers a new investor, owner/user, or developer the opportunity to reposition a well-built asset into a multitude of new uses. Originally built in 1973 and fully renovated in 2008, the subject property was once home to Gabberts Furniture Store, a fixture in the North Dallas community. The two-story open floor plan allows the new owner to be creative in their vision for the property. In addition, the 3.91-acre foot print allows for the ability to construct a phase II concept for the potential of either a second building or enclosed vehicle storage facility. A Specific Use Permit has also been obtained for the property to allow for the use of an enclosed vehicle storage facility, as well as one that allows for outdoor sculpture display.

The city of Farmers Branch is home to more than 4,000 companies and over 250 corporate headquarters locations, most notably, BSN Sports LLC, TD Industries Inc., Scout & Cellar, Iidon Security, Taco Bueno, SoftLayer Technologies (IBM), CoPart, Coca Cola, Chase, Tuesday Morning, and Brinks. The city is bordered by two interstate highways and two toll roads, as well as less than 15-minutes from Dallas-Fort Worth International Airport and Dallas Love Field Airport. The subject property is also located just minutes from the Addison Airport. The citys safe neighborhoods, 28 parks, recreational facilities, and world-class businesses make Farmers Branch a great place to work or live. With a sales tax exemption, property tax rebate, and potential economic incentives from the Economic Development Corporation, it is easier than ever to relocate and to Farmers Branch, Texas. The city prides itself on providing the opportunity for a high-quality life for employees and residents. Other notable attractions include the Galleria (1.7 million square-foot regional mall), Dallas Medical Center, Brookhaven College, W.T. White High School, The Hockaday School, and many more. (farmersbranchtx.gov)

Overall, 13342 Midway provides a new investor or owner/user the opportunity to acquire an extremely well-located infill asset in a centrally-located, high demographic submarket of Dallas, Texas. The close proximity to major tollways and freeways allows for convenient access to all directions of the Metroplex, ideal for a new destination concept or headquarters. The subject property is currently zoned LI-1 which offers the opportunity for multiple uses in addition to enclosed vehicle storage which is now allowed due to the recently approved Specific Use Permit.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower