3827 S Lancaster RD Dallas, TX 75216
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,156 sqft
Price per Sqft $286
Subdivision Liberty Heights
MLS Listing ID 21004278
HOA Y/N No
Year Built 1956
Annual Tax Amount $3,147
Lot Size 0.445 Acres
Acres 0.445
Property Sub-Type Retail
Property Description
Seize the chance to own a fully leased corner lot Retail Shopping Center Strip with an impressive 8.06 CAP Rate. Boasting four thriving tenants, this property not only ensures immediate returns but also boasts recent upgrades, including a complete remodel in 2023 and a brand-new roof and promises immediate returns and potential for growth in a sought-after market area.
Features:
Fully leased with 4 tenants
Solid 8.06 CAP Rate
Pristine investment in a popular market
Immediate income potential
Whether you're expanding your portfolio or diving into real estate investment, this is your gateway to a lucrative asset. Contact us now for further details and to schedule an exclusive tour!
Owner Financing Available
Buyers and Agents are encouraged to verify all provided information.
Do not disturb Tenants!
Location
State TX
County Dallas
Community Sidewalks
Zoning Retail
Direction Head north on I-35 from DeSoto. Take the right exit onto Overton Rd. Turn right onto S Lancaster Rd. The property will be located on your right-hand side.
Interior
Heating Electric
Cooling Window Unit(s), Wall Unit(s)
Flooring Laminate
Inclusions Building Only, Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking, Asphalt, Concrete, Paved, Parking Lot
Community Features Sidewalks
Roof Type Shingle
Street Surface Asphalt
Road Frontage City Street
Building
Lot Description Acreage
Story 1
Foundation Pillar/Post/Pier
Others
Tax ID 00000303745000000