Sixt: Love Field — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dallas, TX 75235
  • Year built: 1983

Photos

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Description

Marcus & Millichap is pleased to present the offering for Sixt: Love Field, a globally recognized luxury and premium vehicle rental operator, through a newly structured triple-net investment opportunity backed by a corporate guarantee from SIXT SE, which maintains a BBB investment-grade credit rating. The property consists of a 15,600-square-foot facility situated on approximately 0.86 acres in Dallas, Texas. The tenant recently executed a seven-year lease with an initial annual net operating income of $390,000, featuring 3% annual rent increases and one three-year renewal option at market rent. Ownership has also invested more than $300,000 into tenant improvements and buildout, further enhancing the property’s long-term functionality and value. Ideally located less than three miles from Dallas Love Field Airport, the Dallas Medical District, Highland Park Village, and affluent neighborhoods with average household incomes exceeding $180,000, the property benefits from immediate access to major highways, the Dallas North Tollway, and nearby public transit. The site also provides convenient access to Old Parkland, a more than $1 billion office campus home to some of the nation’s most prominent financial institutions and family offices, as well as the $5 billion UT Southwestern expansion project currently underway and expected to be completed by 2029. As the Maple Avenue corridor continues to experience significant redevelopment, infrastructure investment, and population growth, the property is well positioned to capitalize on increasing demand for centrally located commercial real estate within one of Dallas’ fastest-growing urban submarkets. Investment Highlights: • New NNN Investment Opportunity | NOI: $390,000 • Corporate Guarantee | BBB Credit Rating • Prime Urban Location in the High-Growth West Dallas Submarket • 15,600-SF Building | Situated on 0.86-AC | IR Zoning • Prime Accessibility Near Dallas Love Field, UT Southwestern, and the Dallas Medical District •

Market Context

This retail in Dallas, TX is listed for sale. The building dates to 1983. 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.

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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