Elm Street Portfolio

4312, 4314, 4316, 4404, 4404, 4411, 4412, & 4420 Elm Street & 9302 Peak Street, Dallas, TX is a 29,353 SF multi building infill value add asset with significant parking located just off the Main Street corridor east
of Deep Ellum entertainment and office district in Dallas, Texas. Positioned just off Main Street totaling +/- 1.67 acres of land, the Property is just minutes from Downtown Dallas on Main Street & East Side Avenue. The Property is currently 78.40% leased with net effective rent of $11.31 PSF, which are at or below market for similar assets in the immediate area. Short term tenancy allows for potential of income stream while making renovation plans. Recent leasing activity moments away has demonstrated rents from $24.00 - $29.50 PSF NNN for recently renovated spaces. The Property benefits from exceptional parking, masonry construction and potential for storefront glass conversion along Peak Street & Elm Street front of Property. The Property is priced significantly below replacement cost at just $214.63 PSF to the building.