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Vacant-User

Scenario Adult Nursing & Day Care | Value-Add

3120 W Northwest Hwy, Dallas, TX 75220

Listing Price: $1,250,000

Cap Rate
10.22%
Rentable SF
14,864
Lot Size
1.09 acres
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to offer for sale, two well-maintained buildings totaling 14,864 SF on a sizable 47,268 SF lot. Zoned CR (Community Retail) and vacant. The property sits between Northwest Highway and Bachman Drive, with over 37,758 VPD passing the site. Just minutes from Dallas Love Field Airport, UT Southwestern Medical Center, I-35E, and downtown Dallas. The property is currently vacant but was operated by Scenario Adult Restorative Nursing & Day Services which provided daytime care for seniors and adults. This property is a possibility for an Owner/User and is ideally located in an area prime for Redevelopment overlooking Bachman Lake (Proforma Cap Rate 10.22%). Dallas Magazine article | Why Investors See Opportunity in Bachman Lake https://www.dmagazine.com/publications/d-ceo/2019/december/why-investors-see-opportunity-in-bachman-lake/

Investment Highlights

  • Excellent location adjacent to Dallas Love Field Airport
  • Nearby UT Southwestern Medical & downtown Dallas
  • Redevelopment Opportunity // Value-Add // Ideal for Owner/User
  • $179mm Bachman Lake Revitalization plan is currently being driven by the City of Dallas

Exclusively Listed By

Vacant-User

Scenario Adult Nursing & Day Care | Value-Add

Listing Price: $1,250,000

Cap Rate
10.22%
Rentable SF
14,864
Lot Size
1.09 acres
Year Built
1960

Investment Highlights

  • Excellent location adjacent to Dallas Love Field Airport
  • Nearby UT Southwestern Medical & downtown Dallas
  • Redevelopment Opportunity // Value-Add // Ideal for Owner/User
  • $179mm Bachman Lake Revitalization plan is currently being driven by the City of Dallas

Investment Overview

Marcus & Millichap is pleased to offer for sale, two well-maintained buildings totaling 14,864 SF on a sizable 47,268 SF lot. Zoned CR (Community Retail) and vacant. The property sits between Northwest Highway and Bachman Drive, with over 37,758 VPD passing the site. Just minutes from Dallas Love Field Airport, UT Southwestern Medical Center, I-35E, and downtown Dallas. The property is currently vacant but was operated by Scenario Adult Restorative Nursing & Day Services which provided daytime care for seniors and adults. This property is a possibility for an Owner/User and is ideally located in an area prime for Redevelopment overlooking Bachman Lake (Proforma Cap Rate 10.22%). Dallas Magazine article | Why Investors See Opportunity in Bachman Lake https://www.dmagazine.com/publications/d-ceo/2019/december/why-investors-see-opportunity-in-bachman-lake/

Exclusively Listed By

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