
The Centrum - Oak Lawn Ave Opportunity
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Medium ConfidenceEstimated from market cap rate (6.9%), property tax rate (0.02%), and NYC PLUTO (27 parcels, assessed $/SF = 227).
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $49.75/SF | — | tax_cap_reverse |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1686/wk | BLS QCEW |
Source Provenance (3)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Market Reports | cap_rate | — | — | quarterly | — |
| API Ninjas | property_tax | — | — | annual | — |
| NYC PLUTO | assessed_value_psf | — | — | annual | — |
Description
2nd Gen Restaurant Space This second generation restaurant opportunity at the corner of Oak Lawn and Cedar Springs has prominent visibility near the affluent residential neighborhoods of Oak Lawn, The Design District and Uptown. The area’s creative office hub provides excellent lunch and dinner traffic to the on-site restaurant. The Centrum’s state-of-the-art renovation and amenities also draw in high caliber business tenant and visitors.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
the centrum - oak lawn ave opportunity, dallas, TX 75219









Market Context
As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: multiple brokerages Q4 2025 market report.
Projected current pricing
high confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 multiple brokerages data (cap rate 6.8%, asking rent trend-adjusted to today).
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Compare it against other retail listings for sale in Dallas, TX to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Dallas / Fort Worth?
- About 6.8% as of Q4 2025, per multiple brokerages.
- Is the Dallas / Fort Worth retail market tightening or softening?
- Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Sale Price History
Market report quarterly trend fallbackFIPS 32003
- Avg Rent ($/SF/yr) (market data)
- Vacancy %
More Retail for Sale in Dallas, TX(5)
Documents
Contact Broker
Elizabeth Fulton
Marissa Stave
Listed by
CBRE System Import


