
The Glo Building | 3710-3712 Commerce St
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The Glo Building 3710-3712 Commerce St Local commercial 1 009 m² 100 % Loué À vendre Dallas, TX 75226 3 647 303 € (3 615,36 €/m²) Taux de capitalisation 7,01 %



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 7.00% Cap Rate | NOI: $301,504 | All NNN Leases | Staggered Lease Turnover
- Strong Demographics | Average HH Income Exceeds $114,000 Within a 3-Mile Radius
- 100% Occupied | 10,859-SF | Situated on 0.46-AC
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to exclusively present for sale The Glo Building located at 3710 Commerce Street, Dallas, Texas. This recently renovated 10,859-square-foot multi-tenant creative office/retail asset features two tenants with staggered lease expirations, offering built-in rollover flexibility. Both leases are structured as triple-net, generating a net operating income of $301,504, with scheduled rent escalations. The subject property also features an on-site parking lot, a rare feature for commercial assets situated in a dense urban environment. The subject property is also positioned within the East Dallas submarket, an entertainment and innovation district, featuring a wave of new construction, national credit tenants, and over 900 new apartment units either delivered or under development within walking distance—solidifying its place in one of Dallas’s most vibrant and evolving neighborhoods.
The Dallas–Fort Worth metroplex continues to rank among the most dynamic commercial real estate markets in the nation, driven by robust population growth, corporate migration, and a diversified economy. Home to 24 Fortune 500 headquarters, eight Fortune Global 500 companies, and 49 Fortune 1000 firms, the region has become a magnet for talent and capital. Over the past 12 months, DFW has led the nation in job creation, adding more than 132,000 new jobs, representing a 3.3% annual increase. This economic momentum has fueled demand across all asset classes, particularly in urban infill locations like Deep Ellum, where creative office, retail, and multifamily uses converge. With sustained employment and income growth, investor appetite for centrally located assets is expected to remain strong, bolstered by Dallas’s consistent national ranking as a top relocation market.
Adding to the city’s momentum, Dallas has recently made headlines with the launch of the Texas Stock Exchange (TXSE)—a transformative initiative backed by major Wall Street firms including BlackRock and Citadel Securities. The TXSE is expected to further elevate Dallas’s profile as a national financial hub, attracting institutional capital and reinforcing the city’s appeal to corporate occupiers. As Fortune-ranked companies continue to relocate and expand in the Metroplex, the influx of highincome residents is accelerating demand for housing, retail, and lifestyle-driven commercial space. The Glo Building stands at the center of this economic transformation, offering a compelling, future-ready investment surrounded by the convergence of culture, commerce, and growth.
East Dallas’s iconic late-night and arts district just east of downtown, renowned for its gritty authenticity, deep cultural roots, and eclectic mix of over 400 creative businesses—including galleries, mom-and-pop shops, and national brands. Established in 1873, the neighborhood has long served as a historic hub for music, entrepreneurship, and artistic expression. Today, it thrives as one of Texas’s largest entertainment districts, boasting more than 30 live music venues and a walkable streetscape teeming with dive bars, craft cocktail lounges, breweries, and diverse eateries.
The Dallas–Fort Worth metroplex continues to rank among the most dynamic commercial real estate markets in the nation, driven by robust population growth, corporate migration, and a diversified economy. Home to 24 Fortune 500 headquarters, eight Fortune Global 500 companies, and 49 Fortune 1000 firms, the region has become a magnet for talent and capital. Over the past 12 months, DFW has led the nation in job creation, adding more than 132,000 new jobs, representing a 3.3% annual increase. This economic momentum has fueled demand across all asset classes, particularly in urban infill locations like Deep Ellum, where creative office, retail, and multifamily uses converge. With sustained employment and income growth, investor appetite for centrally located assets is expected to remain strong, bolstered by Dallas’s consistent national ranking as a top relocation market.
Adding to the city’s momentum, Dallas has recently made headlines with the launch of the Texas Stock Exchange (TXSE)—a transformative initiative backed by major Wall Street firms including BlackRock and Citadel Securities. The TXSE is expected to further elevate Dallas’s profile as a national financial hub, attracting institutional capital and reinforcing the city’s appeal to corporate occupiers. As Fortune-ranked companies continue to relocate and expand in the Metroplex, the influx of highincome residents is accelerating demand for housing, retail, and lifestyle-driven commercial space. The Glo Building stands at the center of this economic transformation, offering a compelling, future-ready investment surrounded by the convergence of culture, commerce, and growth.
East Dallas’s iconic late-night and arts district just east of downtown, renowned for its gritty authenticity, deep cultural roots, and eclectic mix of over 400 creative businesses—including galleries, mom-and-pop shops, and national brands. Established in 1873, the neighborhood has long served as a historic hub for music, entrepreneurship, and artistic expression. Today, it thrives as one of Texas’s largest entertainment districts, boasting more than 30 live music venues and a walkable streetscape teeming with dive bars, craft cocktail lounges, breweries, and diverse eateries.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
1 009 m²
Classe d’immeuble
C
Année de construction/rénovation
1951/2018
Prix
3 647 303 €
Prix par m²
3 615,36 €
Taux de capitalisation
7,01 %
RNE
255 739 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,54
Surface du lot
0,19 ha
Zone de développement économique [USA]
Oui
Zonage
PD 269 - Commercial
Stationnement
28 places (27,75 places par 1 000 m² loué)
CARACTÉRISTIQUES
- Terrain clôturé
1 of 1
Walk Score®
Très praticable à pied (70)
Transit Score®
Excellent réseau de transport en commun (70)
Bike Score®
Très praticable en vélo (79)
PRINCIPAUX COMMERCES À PROXIMITÉ










TAXES FONCIÈRES
Numéro de parcelle | 00000128314000000 | Évaluation des aménagements | 721 664 € |
Évaluation du terrain | 297 945 € | Évaluation totale | 1 019 609 € |
TAXES FONCIÈRES
Numéro de parcelle
00000128314000000
Évaluation du terrain
297 945 €
Évaluation des aménagements
721 664 €
Évaluation totale
1 019 609 €
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The Glo Building | 3710-3712 Commerce St
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