2904 S. ERVAY, DALLAS, TX, 75215 REDEVELOPMENT OPPORTUNITY

FOR SALE

2904 S. ERVAY, DALLAS, TX, 75215

REDEVELOPMENT OPPORTUNITY

PROPERTY FEATURES

SALE PRICE: CALL BROKER

? APPROXIMATELY 3204 SQ FT ? FULLY EQUIPPED FORMER RESTAURANT ? FREE STANDING BUILDING ? GREAT ACCESSIBILITY ? IN CORE OF REDEVELOPMENT EFFORTS ? 5 MINUTE DRIVE TO DOWNTOWN DALLAS ? COMMERCIAL KITCHEN ? 12 FOOT VENT A HOOD

Aaron Jackson Associate 817.226.0000

Aaron.Jackson@advisorscommercialre.co m

This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer, tenant or landlord to verify the information and conduct appropriate due diligence. Advisors Commercial Real Estate. 2018

2000 E. Lamar Blvd., Suite 710 Arlington, TX, 76006 817.226.0000



Aerial View

2904 S Lamar Dallas TX

This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer, tenant or landlord to verify the information and conduct appropriate due diligence. Advisors Commercial Real Estate. 2018

2000 E. Lamar Blvd., Suite 710 Arlington, TX, 76006 817.226.0000



PHOTO GALLERY

2904 S ERVAY, DALLAS, TX 75215

This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer, tenant or landlord to verify the information and conduct appropriate due diligence. Advisors Commercial Real Estate. 2018

2000 E. Lamar Blvd., Suite 710 Arlington, TX, 76006 817.226.0000



Links:

2904 S ERVAY St, DALLAS, TX 75215



The Dallas Morning News reports that the city of Dallas is a popular destination for Californians moving east. New data from Zillow shows that more than 71% of the people looking for new homes are currently living in Texas, but dwellers of L..A., New York, and Chicago are also checking out Big D. "Our page view data highlight Dallas's strong magnetism as a destination for house hunters leaving cities that are more expensive (like L.A.), colder (like Chicago) or both (like New york)," Zillow economist Jeff Tucker said. "Once people are settled in Texas, they like to stay put, as we can see in the strong preference for locals to continue searching for their next homes in Dallas and other Texas cities. "Across the Dallas-Fort Worth metro area, we see that neighborhoods within a short commute of downtown Dallas are the most popular with out-of-towners browsing for homes, while listings in Fort Worth and distant Dallas suburbs get more traffic coming from locals." The Dallas-area ZIP codes most out-of-town lookers shop are in 75249 in southwest Dallas County and 75201 and 75215 in the center city. North Dallas and West Dallas also get a lot of lookers.



Linda McMahon, CEO of the The Real Estate Council (TREC) said people who live there will have a restaurant, businesses and other services right where they are. TREC oversees a $6 million fund provided by JP Morgan Chase that will finance development initiatives at three low income communities lacking retail, commercial and private development. "You're going to see a neighborhood that looks like Bishop Arts, Deep Ellum, but retains the character and history of the community", McMahan said. The Forest District, The Bottom and West Dallas Census Tract 205 are the selected communities that will receive the fund investment dollars.

This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer, tenant or landlord to verify the information and conduct appropriate due diligence. Advisors Commercial Real Estate. 2018

2000 E. Lamar Blvd., Suite 710 Arlington, TX, 76006 817.226.0000



Links:

2904 S ERVAY St, DALLAS, TX 75215



"On choosing to revive the Forest Theater: That space, with new improvements that are coming from the Texas Department of Transportation and the city, will certainly position the Forest Theater to be the front door, if you will, to South Dallas. As you're going north on Interstate 45 or the exit ramp coming south, you'll have to pass by the Forest. They're elevating Highway 175, which will then give it a parkway feel. And so we have the ability now to serve as an anchor on the west side, versus Fair Park, and the South Dallas Cultural Center on the east side. So it's great to start on both ends and hope we can build economic development going up east and west down the spine of MLK. On the revitalization plans: Our donor was very passionate about providing arts services to underserved areas and focusing on the community and the exteriors of that area and the neighborhoods. So we're working together to build the area around the Forest Theater and up and down Martin Luther King Boulevard."

This statement with the information it contains is given with the understanding that negotiations relating to the purchase, renting or leasing of this property shall be conducted through this office. The information while not guaranteed has been secured from sources we believe to be reliable however, it is up to the buyer, tenant or landlord to verify the information and conduct appropriate due diligence. Advisors Commercial Real Estate. 2018

2000 E. Lamar Blvd., Suite 710 Arlington, TX, 76006 817.226.0000



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