Price cut −7%
$6,630,000
7.0% cap · 29,090 sq ft RBA · Class B
647 Mockingbird Ln
Dallas, TX 75219
Listed 2 months ago$228/sq ft
01 / 08
PendingRetail
$6,815,000
7181 N Bishop Ave
Bishop Arts District · Dallas, TX 75201
$280/sq ft29 days on market1.2K views31 saves
Key facts
- Interior
- 24,360 sq ft
- Lot
- 0.71 acres
- Year built
- 2026
- Property type
- Retail
- Price / sq ft
- $280/sq ft
- Annual taxes
- $118,580
- Days on market
- 29
Getting around
Walk Score73
Very Walkable
Transit Score46
Some Transit
Bike Score56
Bikeable
About this property
The 2026 retail property at 7181 N Bishop Ave has been repositioned and is now performing at 82% leased. Drive-Thru and corner visibility make the space genuinely functional rather than merely leasable. Tours coordinated through the listing team; Dallas submarket comps included in the package.
Investment summary
Investment summary
Cap rate
5.90%
Net operating income ÷ price
Net operating income
$402,085
Annual, after operating expenses
Cash-on-cash
+0.3%
$6,566 annual cash flow on $2,044,500 equity
Occupancy82%
19,975 sq ft leased of 24,360 sq ft
- Tenants
- 5
- Rentable area
- 24,360 sq ft
- Price / sq ft
- $280/sq ft
- WALE
- 1.8 yrs
- Lease type
- NNN
- Building class
- Class A
- Zoning
- GR
- Parking
- 82 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $395,519 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
- Drive-Thru
- Corner Visibility
- Signalized Corner
- Anchored Center
- 24/7 Card Access
- Below-Market Rents
- Opportunity Zone
Price history
Every listing event recorded for this property.
- Listed
- Pending
- Sold
| Date | Event | Price |
|---|---|---|
| 2023-05-04 | Sold | $3,980,000 |
| 2026-06-26 | Listed | $6,815,000 |
| 2026-07-21 | Pending | $6,815,000 |
Location
Bishop Arts District, Dallas — Dallas County
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Approximate location · Bishop Arts District
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Estimated monthly
$45,972/mo
- Principal & interest74%$34,103
- Property tax21%$9,882
- Home insurance4%$1,988
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 $5,452,000 · 30 yr · 6.40%
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