Options Spotlight: 100 S Main Street in Duncanville

Options Spotlight: 100 S Main Street in Duncanville

For July’s Monthly Spotlight, we’re turning our attention to Main Station, located in the heart of Duncanville at 100 S Main St.  Built in 2003 at 23,000 SF, this mixed-use property features residential lofts over first-level retail spaces, high visibility and bikable & walkability to area amenities.  

Right now, we have both a first-floor retail/office space and a residential loft available for lease, making it the perfect 1-2 work/play combo for you if you’re looking to stay close to your burgeoning business. Of course, both spaces are available individually.

At 769 SF with a lease rate of $22 SF/yr, the first-floor retail space is perfect for a boutique store. Your neighbors would include Rice Pot, Roma’s Italian Bistro, and 3R Cigars with personal services including a salon, fitness training, and an occupational health office.

If you’re looking for a roomy loft in the middle of Duncanville with easy access to both Hwy 67 & I-20 for just $1,100 per month, then you’ll want to check upstairs at Loft #227. Measuring in at  1,027 SF, this open concept loft features a balcony. And as easy as it is to access the area’s major highways, you’re 2 blocks from Armstrong Park and also just a 5-minute drive to some of south Dallas county’s most breathtaking outdoor space at Cedar Ridge Preserve and Cedar Hill State Park. This apartment will be ready for you to move in September 1.

At Options Real Estate, we believe in the continued development of south Dallas county, whether it’s through new, local businesses or creating walkable, bustling living spaces for Texans.

If either of these spaces seems like the perfect opportunity for your next adventure, contact Monte Anderson at Options Real Estate at monte@optionsre.com or learn more here.

D Magazine Hits All of Tyler Station’s Best Angles

D Magazine Hits All of Tyler Station’s Best Angles

Tyler Station was created with the intention of redeveloping the old Dixie Wax Paper plant into a neighborhood collaborative workplace for everyone. As new urbanists and preservationists, we saw a really good opportunity to connect a mix of commercial uses, a commuter rail station and a neighborhood together. That is why we are honored to be included in D Magazine’s June issue in a profile from Shelby Hartness.

Options Real Estate President Monte Anderson knew that he wanted to restore the historic Dixie Wax Paper building but even in 2015 when he began the journey, he didn’t envision a Tyler Station that would be 100% occupied with entrepreneurs, brewers, artists and more in its more than 110,000 square feet.

“I imagined a manufacturing facility with welders, carpenters, bookkeepers, advertising professionals, fitness centers, places to eat and drink and then the twist, 50 different companies.”

But if you’ve been to Tyler Station, you know that putting that many companies in one space has created an environment where people are able to bounce ideas off of each other and create a real community under the same roof.

“People at Tyler Station are encouraged to interact,” Hartness writes. “Retail shops on the first floor have walls of grid wire, which allow passersby and occupants to see one another and say hi. Much of the work was done by locals and tenants of the building..”

If you’re interested in learning more about Tyler Station in Oak Cliff, be sure to check out D Magazine’s article online or in its June issue available now. And if you want to check out Tyler Station and its dedication to the past and future of Dallas for yourself, it’s only a short DART Rail Red Line ride to the Tyler/Vernon Station.

Come see us this weekend or during our monthly First Thursday event.

Options Real Estate Wins 5th Straight CLIDE Award

Options Real Estate Wins 5th Straight CLIDE Award

We are proud to announce that for the fifth time in a row, Options Real Estate has received the North Central Texas Council of Government’s CLIDE Award. CLIDE stands for Celebrating Leadership in Development Excellence. This year, we have been recognized in the Redevelopment category for our work with the city of DeSoto and the DeSoto Economic Development Corporation for the DeSoto Market Place, a declining suburban shopping center that had previously been left vacant for long stretches before Options purchased it in 2015.

“We were approached by a 99 cent store and it looked like that was the best we were going to get for the anchor tenant. But City leaders Mayor Curtistene McCowan & Mayor Pro-Tem Rachel Proctor wanted more for their city and my team agreed,” President Monte Anderson said. “When Mayor McCowan asked us for a new concept I said, ‘Well, I’ve been thinking about this small business development center idea,’ so we started collaborating with her and the Economic Development Corporation to make it something better. That’s how the center got its new name, DeSoto Market Place, and the anchor tenant became Grow Desoto.”

This private-public partnership allowed us to work hand-in-hand with the city of DeSoto to update the shopping center in tandem with new codes to quickly turn the space into a first of its kind in this region where an economic development corporation participates in the profits and serves as master tenant, subletting to over 40 incubator businesses in the 26,000sf anchor space.

“Everyone gets a return,” Anderson said. “It’s not just a lopsided deal where the developer gets all the money and the city gets nothing.”

A large focus for DeSoto Market Place is the continued mentorship that the Economic Development Corp and Options have implemented to help the tenants grow their businesses.

 

“It’s one thing to be a developer and put people in spaces and say, ‘Here you go,’” Anderson said. “But we’re not going to be judged as successful unless our tenants grow.”

Given biennially by The Center of Development Excellence, the NCTCOG CLIDE Awards are meant to recognize private and public development programs and projects that exemplify the Principles of Development Excellence including Development Diversity, Efficient Growth, Environmental Stewardship and Educational Opportunity.

“It’s all about the development principles. If you look at our application and how it addresses each principle, you can see that those are core to who we are as an organization.”

Anderson hopes that in the future the current tenants of Grow DeSoto move on to also owning their own real estate and creating wealth for their families. In fact, Anderson hopes that one day a tenant from Grow DeSoto will own the shopping center.