$2,500,000
( )
 $14,195 est/mo Sourced by Back At You

8787 Park Lane , Dallas, TX 75231

Dallas, TX 75231

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Description

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.

Details

MLS#20795505
Listing TypeFor Lease
StatusActive
Year2000
Days On Site45
Listing Provided ByAllie Beth Allman & Assoc. | Melissa Oates

Features

SQ Feet117,141
Story(s)1
Units100
ZoningZoned for horses and horseback r
Acreage8.53

Market Activity 75231

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 1 minute ago
StateTX
CountyDallas
CityDallas
Zip Code75231
AreaDallas
Community NameSCOTTY'S GOLF PAR
Listing VS Median (in SCOTTY'S GOLF PAR)
Price:
$2,500,000
low | high
Med:
$2,500,000
50% of Average
SqFt:
117,141
low | high
Med:
117,141
50% of Average
$ / SqFt:
$21
low | high
Med:
$21
50% of Average
On Site:
45
low | high
Med:
45.000000
100% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 9:21:21 PM PST