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Property Offerrings
Sale of Highland Park Landmark Knox at Travis
7-11 Site
Dallas Texas
Sale of Highland
Park Landmark
Knox at Travis
7-11 Site |
Closed: |
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Sale of Highland Park Landmark
Knox at Travis 7-11 Site
Information on the Closing
June 16, 2008
A Highland Park area landmark has sold. The 7-11 Store located at the corner of Knox and Travis, at the eastern entrance to Highland Park, was sold earlier today to Knox Travis Place Ltd. The new owner does not have a redevelopment plan as yet. The 7-11 Store was one of the earliest convenience stores and was for years affectionately called “John’s Store” referring to the late former Chairman of 7-11, John Thompson, the oldest son of the founder of the 7-11 chain of convenience stores.
King Laughlin Company president, C. King Laughlin, represented both the Buyer and the Seller, 7-Eleven Inc. King Laughlin Company has a long history with 7-Eleven dating back to the 1980’s when King Laughlin Co., Inc. acquired over 160 acres in 1000 separate tracts of land which became known as Cityplace.
For information regarding the future development of the Knox Street property contact C. King Laughlin
Property Information:
Size:
150 feet on Knox
130 feet on Travis Street
130 feet on adjacent alley
19,500 Sq. Ft. total area
Utilities:
All available
Zoning:
LC (light commercial)
PD 193
City of Dallas, Texas
Proposed Uses:
Excellent Long Term Ground Lease Site
Price: To be determined
General Information:
This site is in a high traffic area leading into Highland Park, Texas. It is approximately 100 feet east of the Katy Trail. There are numerous restaurants and retail stores within walking distance. Weir’s Furniture Store is across the street.
The site is an excellent location for a Bank or other retail use that requires high foot and vehicle traffic and can utilize the Highland Park demographic.
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Property Offerings-SOLD
CityPlace area near Downtown Dallas (75204)
4300 Lafayette Street at Peak Street (Google map), bounded by Peak, Lafayette Street, Cabell Street , and Ashby Street.
SIZE: |
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Approximately 181,730 Square Feet. |
ZONING: |
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Multi-Family-2(A), 36 foot height allowed, 60% Lot Coverage. |
UTILITIES: |
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All available to the site. |
PRICE: |
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$38.50 per Square Foot |
AREA INFORMATION: |
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- Excellent access to downtown Dallas .
- Two blocks from CityPlace Tower , 1,200,000 SF of office.
- A DART station is located at CityPlace Tower .
- Close to a Target, Wal-Mart Grocery and Albertson’s.
- Elementary, Middle and High School in walking distance.
- The site is flat with no impediment to development.
- Close to the Baylor Hospital Complex.
- Four blocks from the West Village retail/residential complex.
- Numerous retail, office buildings and residential projects within one-half mile.
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DEVELOPMENT OPPORTUNITY: |
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The owner of the property will entertain the involvement of an investor and or a lender in the development of the property. There are extensive plans for the development of a 62 unit Town Home project that will sell in the $400’s per Square Foot. Construction could begin within 60 to 90 days. For more information about the development contact the Broker. |
REPRESENTED BY: |
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King Laughlin Co., Inc., C. King Laughlin , President
Call: 214-704-9900
Email: king@kinglaughlin.com
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