$2,000,000
●
Commercial -
For Sale
6211 Northwest Highway
Dallas, TX 75206
Studio
0 Bath
2260 Sqft
$9,821
Estimated Monthly
About This Property
First time offered, prime retail space at the Iconic Preston Tower
for sale. This space is the largest commercial space at the Preston
Tower, and its the largest commercial space behind the Pink Wall.
The 2260 sq. ft. space encompasses the entire east side first floor
frontage with 90 feet of glass facing NW Highway. The space is
currently divided into offices, and was last used as a title
company. Multiple uses available, one of a kind location, the
Preston Tower has the only commercial space behind the Pink Wall,
where an estimated 2000 condos are within walking distance. Plenty
of parking in dedicated commercial parking lot on the east side of
the building. Lease value estimated at $80 psf, and using a 5% cap
rate (considering the quality of Preston Center retail),sets value
at 2.4 mil. Retail lease rates in Preston Center $100 psf and up
for prime space.
Unit Size
2,260Ft²
Days on Market
88 days
Land Size
4.50 acres
Price per sqft
$885
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Last updated: 24 days ago (NTREIS #20570366)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Relisted | $2,000,000 | |
| Relisted | |||
| Mar 26, 2024 | Listed by Allie Beth Allman & Assoc. | $2,000,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: 0
Interior Details
Interior Information
Flooring Type: Tile
Exterior Details
Property Information
Road Frontage Type: City Street
Listing Terms: 1031 Exchange, Cash
Building Information
Foundation Details: Pillar/Post/Pier
Roof: Built-Up
Construction Materials: Brick
Lot Information
Lot Size Source: Assessor
Lot Size Acres: 4.5000
Utilities Details
Cooling Type: Central Air
Heating Type: Central
6211 Northwest Highway
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
3
Beds
1
Bath
4,395 ft²
$421/ft²
$1,850,000
Sep 19, 2023
$1,850,000
Dec 27, 2023
$3,359/mo
Sold
House
4
Beds
1
Bath
5,171 ft²
$330/ft²
$1,707,485
Mar 23, 2021
$1,707,485
Apr 15, 2021
$3,391/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
6211 Northwest Highway
6211 Northwest Highway, Dallas, TX 75206
- 1 Unit for Sale
About Northeast Dallas
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Listed by: Peter Livingston, Allie Beth Allman & Assoc.
Last Updated: 24 days ago
Data Source: NTREIS MLS, MLS# 20570366
Details provided by NTREIS and may not match the public record
Last Updated: 24 days ago
Data Source: NTREIS MLS, MLS# 20570366
Details provided by NTREIS and may not match the public record
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
