
Oak Lawn Strip Center
Established Oak Lawn retail strip fully leased to 5 local tenants. Attractive 7.4% yield in one of Dallas's strongest retail corridors.
$1,500,000
$1,500,000
$1,500,000
420 Oak Lawn Ave, Dallas
420 Oak Lawn Ave, Dallas
Property type
Retail
Property type
Retail
Transaction type
For Sale
Transaction type
For Sale
Cap rate
7.4%
Cap rate
7.4%
Net operating income
$136,900/year
Net operating income
$136,900/year
Year built
2002
Year built
2002
Total Sqft
6,800
Total Sqft
6,800
Floor number
Ground Floor
Floor number
Ground Floor
Building class
Class B
Building class
Class B
Ceiling height
12ft
Ceiling height
12ft
Parking ratio
Shared 40 space lot
Parking ratio
Shared 40 space lot
Description
Oak Lawn Strip Center is a 6,800 square foot neighborhood retail strip investment positioned on Oak Lawn Avenue — one of Dallas's most established and high-demand retail corridors serving the upscale residential neighborhoods of Highland Park, Turtle Creek, and Oak Lawn. The property is fully leased to five long-term local tenants including a café, salon, pharmacy, dry cleaner, and specialty food retailer providing strong income diversification and minimal vacancy risk. The weighted average lease expiry provides a stable income profile with staggered renewal dates reducing rollover risk. Built in 2002 and well-maintained with recent external refurbishment. At a 7.4% passing yield this represents compelling value in a supply-constrained retail corridor where new development is virtually impossible.



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FAQs
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Clear answers to common questions about leasing, buying, and working with our brokerage.
Still have questions?
Speak directly with our team to get clarity on availability, pricing, and next steps.
How do I schedule a property tour?
Do you represent tenants, landlords, or both?
What types of properties do you handle?
Are your listings up to date?
How long does the leasing or buying process take?
Do you assist with lease negotiations?
FAQs
Your questions, clearly answered
Clear answers to common questions about leasing, buying, and working with our brokerage.
Still have questions?
Speak directly with our team to get clarity on availability, pricing, and next steps.
How do I schedule a property tour?
Do you represent tenants, landlords, or both?
What types of properties do you handle?
Are your listings up to date?
How long does the leasing or buying process take?
Do you assist with lease negotiations?
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GET IN TOUCH
Ready to find your next commercial space?
Whether you are looking for space, ready to list your property, or exploring investment opportunities — our team is ready.
GET IN TOUCH
Ready to find your next commercial space?
Whether you are looking for space, ready to list your property, or exploring investment opportunities — our team is ready.


