4408 Gaston — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dallas, TX 75246

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Investment Figures

Cap rate
6.96%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively present for sale 4408 Gaston Avenue, a 4,826-square-foot, single-tenant net-leased retail property situated on 0.28 acres in the heart of Old East Dallas. Originally constructed in 1970 and renovated in 2025, the property offers investors the opportunity to acquire a stabilized retail asset with minimal landlord responsibilities under a triple-net (NNN) lease structure. Positioned along the highly trafficked Gaston Avenue corridor, the property benefits from excellent visibility, convenient accessibility, and proximity to some of Dallas' most prominent demand drivers, including Baylor University Medical Center, Downtown Dallas, Lakewood, Lower Greenville, and Deep Ellum. The surrounding area continues to experience sustained growth and reinvestment, supported by strong residential density, increasing household incomes, and ongoing commercial development throughout East Dallas. The property's strategic location within one of the city's most established urban corridors provides long-term appeal to retailers and service-oriented businesses seeking access to a growing and affluent consumer base. The Dallas-Fort Worth Metroplex remains one of the nation's premier investment destinations, driven by robust population growth, corporate relocations, and sustained employment expansion. As one of the fastest-growing metropolitan areas in the United States, DFW continues to attract businesses and residents alike, creating strong fundamentals for retail real estate and supporting long-term tenant demand across the region. Investment Highlights: • Single-Tenant NNN Retail Investment Opportunity • Listing Price: $2,000,000 | Cap Rate: 6.96% | NOI: $139,182 • 4,826-SF Building | Situated on 0.28 Acres Along Gaston Avenue • Prime Old East Dallas Location Near Baylor University Medical Center • Excellent Visibility and Accessibility Within a Dense Urban Corridor • Surrounded by Downtown Dallas, Lakewood, Lower Greenville and Deep Ellum

Market Context

This retail in Dallas, TX is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Dallas, TX — view the full market.

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 brokerage reports, Q4 2025.

Its 7.0% asking cap rate is in line with the Dallas / Fort Worth retail market average of about 6.8%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per multiple brokerage reports.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

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