$5,070,000
7.7% cap · 18,900 sq ft RBA · Class C
347 N Henderson Ave
Dallas, TX 75214
Listed last week$268/sq ft
01 / 09
Open Aug 8, 2026For SaleRetail
$5,000,000
2380 Cedar Springs Rd
Uptown · Dallas, TX 75219
$402/sq ft29 days on market1.7K views70 saves
Key facts
- Interior
- 12,440 sq ft
- Lot
- 0.58 acres
- Year built
- 2018
- Property type
- Retail
- Price / sq ft
- $402/sq ft
- Annual taxes
- $87,000
- Days on market
- 29
Getting around
Walk Score96
Walker's Paradise
Transit Score56
Good Transit
Bike Score69
Bikeable
About this property
Built in 2018 and capitalized properly since, this retail property needs no immediate capital. Signalized Corner and corner visibility make the space genuinely functional rather than merely leasable. Offers reviewed as received.
Investment summary
Investment summary
Cap rate
7.00%
Net operating income ÷ price
Net operating income
$350,000
Annual, after operating expenses
Cash-on-cash
+4.0%
$59,817 annual cash flow on $1,500,000 equity
Occupancy93%
11,569 sq ft leased of 12,440 sq ft
- Tenants
- 4
- Rentable area
- 12,440 sq ft
- Price / sq ft
- $402/sq ft
- WALE
- 5.8 yrs
- Lease type
- NNN
- Building class
- Class B
- Zoning
- C-1
- Parking
- 73 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $290,183 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Parking & Access
- On-Site Parking
Highlights
- Signalized Corner
- Corner Visibility
- Drive-Thru
- 24/7 Card Access
- Recent Capital Improvements
- Value-Add Upside
Price history
Every listing event recorded for this property.
- Listed
- Price raise
| Date | Event | Price |
|---|---|---|
| 2026-06-26 | Listed | $4,862,000 |
| 2026-07-08 | Price raise | $5,000,000 |
Location
Uptown, Dallas — Dallas County
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Approximate location · Uptown
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Estimated monthly
$33,729/mo
- Principal & interest74%$25,020
- Property tax21%$7,250
- Home insurance4%$1,458
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Loan amount $4,000,000 · 30 yr · 6.40%
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