The Centrum - Oak Lawn Ave Opportunity - retail in Dallas, TX
Retail

The Centrum - Oak Lawn Ave Opportunity

the centrum - oak lawn ave opportunity, dallas, TX 75219

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence
Low
$39.80/SF
Mid
$49.75/SF
High
$59.70/SF
Tier Used
tax_cap_reverse

Estimated from market cap rate (6.9%), property tax rate (0.02%), and NYC PLUTO (27 parcels, assessed $/SF = 227).

Tier Resolution Trace
Tier 1insufficient_data
Tier 2successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$49.75/SFtax_cap_reverse
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1686/wkBLS QCEW
Source Provenance (3)
SourceTypeCountYearFreshnessPeer
Market Reportscap_ratequarterly
API Ninjasproperty_taxannual
NYC PLUTOassessed_value_psfannual
Data sources used
market_reportsproperty_taxnyc_pluto

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

Marker
Leaflet © OpenStreetMap contributors

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 confidence
Projected asking rent
$15.71–$16.09/SF/yr
Estimated sale value
$143–$184/SF

Modeled 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).

View the full Dallas / Fort Worth Retail market report →

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 Confidence
$25.24/SF-$34.14/SF
Mid: $29.69/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallbackFIPS 32003

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Vacancy %
Q4 '25$0$4$8$12$160%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

More Retail for Sale in Dallas, TX(5)

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Listed by

CBRE System Import