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8787 Park Lane Dallas, TX $ 2,500,000
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$ 2,500,000 Get more info
8787 Park Lane
$ 2,500,000
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8787 Park Lane

Dallas, TX, 75231
$ 2,500,000
Bedrooms-- Baths--
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Property for Rent in Dallas, TX

for $2,500,000. This property was built in 2000 on a lot size of 8.534.

Dallas Equestrian Center (DEC) A unique and profitable opportunity awaits with the sale of the Dallas Equestrian Center (DEC), the largest and most prestigious equestrian facility in North Texas. Located in the heart of North Dallas near Southern Methodist University (SMU) and NorthPark Center, this prime location offers unparalleled access to some of the city's most affluent neighborhoods! The facility is also home to the nationally recognized SMU Equestrian Team, NEIA National Champions in 2022 and 2023, further elevating its reputation. DEC features: • 100+ horse stalls • Three covered arenas • An extra-large outdoor competition arena • Two outdoor jumping and riding fields Business Opportunity: This profitable equestrian facility operates under a 26-year long-term ground lease with multiple revenue streams: • Boarding and stall leasing (including a long-term lease with SMU). • A highly successful lessons program with loyal clientele. • Opportunities for expansion or diversification, such as adding event spaces or complementary businesses. Sale Includes: • Structures, footing, equipment, and assets, including lesson horses. • Current owner invested over $2 million in improvements to facilities, footing, equipment and lesson horses. • Significant tax benefits, including depreciation The flexibility of this facility allows buyers to maintain and grow the current programs or reimagine the space entirely. Modifications such as converting arenas into a wedding venue or adding other business elements are all possible. Why DEC? DEC offers the amenities of a large-scale, full-service equestrian center while retaining the personal touch of in-house trainers and individualized boarding programs. Conveniently located just minutes from downtown Dallas, this is unparalleled opportunity for equestrian enthusiasts, investors, or entrepreneurs to make their mark in the heart of North Texas Serious inquiries only.

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Rental Pending

Price

$ 2,500,000

Taxes

$ 0

Style

Business

Lot Size

8.534

Year Built

2000

Town/City

Dallas

County/Region

Dallas

MLS | Web ID

20795505
Features
General
Lease Term Other
Heating Wall Furnace
Cooling Wall Unit(s)
Utilities Asphalt Cable Available City Sewer City Water Concrete Curbs Electricity Connected Individual Gas Meter Individual Water Meter
Ceiling Height More than 20 Feet
Possession Closing/Funding
Roof Metal
Year Built 2000
Business Type Commercial Farm Saddlery/Harness Other
Business Name Dallas Equestrian Center
Property Subtype Business
Subdivision Name SCOTTY'S GOLF PAR
Accessibility Features Accessible Approach with Ramp Accessible Entrance
Occupant Type Tenant
County Dallas
Property Type Commercial Lease
Construction Materials Metal Siding
Year Built Details Preowned
Special Notes Aerial Photo Deed Restrictions Special Contracts/Provisions
Status Pending
Directions GPS . 3 miles from Highland Park.
City Dallas
Standard Status Pending
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Exterior
Waterfront 0
Lot Features Acreage
Lot Size Source Public Records
Parking Features Additional Parking Driveway
Lot Size 5 to < 10 Acres
Foundation Slab
Building Area Total 117141.00
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Interior
Flooring Concrete
Occupancy Rate 60
Total Stories 1
Total Units 100
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Internal Only
Street Number 1 8787
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* Excluded Features
List By
Melissa Oates

Listing Agent

Allie Beth Allman & Assoc.

Broker

Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/11/2024 $2,500,000 Listed Price

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8787 Park Lane, Dallas, TX, 75231 is a Property for Rent at $2,500,000 with a lot size of 8.534. 8787 Park Lane was built in 2000. The property's zip code is 75231 which is in Dallas, TX

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