The Centrum - Oak Lawn Ave Opportunity — Lease in Dallas, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Dallas, TX 75219

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Description

2nd Gen Restaurant Space This second generation restaurant opportunity at the corner of Oak Lawn and Cedar Springs has prominent visibility near the affluent residential neighborhoods of Oak Lawn, The Design District and Uptown. The area’s creative office hub provides excellent lunch and dinner traffic to the on-site restaurant. The Centrum’s state-of-the-art renovation and amenities also draw in high caliber business tenant and visitors.

Market Context

This retail in Dallas, TX is listed for lease. Compare it against other retail listings for lease 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 space leases 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).

Estimated Market Rate

$0.98/SF/mo – $1.32/SF/mo

Mid: $1.15/SF/mo

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