Investment Overview
SLJ Company, LLC (“SLJ”) has been exclusively retained to offer for sale 3519 Miles St, a ±3,500 square foot office building. The Property is located near the signalized intersection of Lemmon Ave and Inwood Rd. Lemmon Avenue is a major business corridor that runs through Oak Lawn and Uptown with virtually no commercial vacancy. The Property offers the opportunity to own an office building in an infill location adjacent to Highland Park where purchase opportunities are rare.
Investment Highlights
- Excellent Location: Located near the corner of Lemmon Ave and Miles St, between Inwood Rd and Dallas North Tollway, the Property is in close proximity to major traffic drivers and heavily traveled thoroughfares. The Property’s location just minutes from the Park Cities, Dallas Love Field Airport, and the Medical District provide tremendous exposure to sought after demographics. Additionally, the Property is adjacent to several new housing developments including David Weekley’s Oak Park Villas Townhome development and the Crest at Oak Park apartments.
- High Traffic Counts: With a traffic count of approximately 38,190 vehicles per day on Lemmon Ave, the Property has excellent access and exposure to vehicular traffic.
- Strong Demographics: With a population of approximately 157,076 and 365,348 residing within a 3 and 5 mile radii respectively, the Property benefits from a large pool of consumers within close proximity. Additionally, the average household income within a 3 mile radius of the Property is $120,781, which is more than double the national average.
- Many Area Traffic Drivers: The Property is in close proximity to many area traffic drivers including, Dallas Love Field Airport, The Medical District, Lowe’s, Bank of America, Starbucks, CVS Pharmacy, and several luxury automotive dealerships, among many others.