3827 S Lancaster Road, Dallas, Texas 75216

TX, Dallas
$1,090,000
  • 0.45 Acre
  • Commercial Sale Property Type
  • 1956 Year Built
  • Canceled Status
Brian Norvell
Brian Norvell Norvell & Co Real Estate
  • +1 214 991 0368
  • NorvellRealEstate@gmail.com
Property Description

Prime Investment Opportunity!

Seize the chance to own a fully leased corner lot Retail Shopping Center Strip with an impressive 8.8 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 with 3-year lease terms
Solid 8.8 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!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20660492
  • Price: $1,090,000
  • Year Built: 1956
  • Lot Area: 0.45 Acre
  • Listing Status: Canceled
  • Office Name: Grand Estates Internationale
  • Agent Name: Pegah Ganji
  • Property Sub Type: Retail
  • Roof: Shingle
Features
  • Heating System Electric
  • Cooling System Wall Unit(s),Window Unit(s)
  • Parking Paved,Parking Lot,Concrete,Additional Parking,Asphalt
  • Flooring Laminate
Address Map
  • Country US
  • State TX
  • County Dallas
  • City Dallas
  • Zipcode 75216
  • Street: Lancaster
  • Street Number: 3827
  • Street Suffix: Road
  • Directions: 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.
  • Street Dir Prefix: S
Additional Information
  • Building Size: 4156
  • Business Type: Auto Body,Auto Dealer,Auto Glass,Auto Rent/Lease,Auto Parts,Auto Repair-Specialty,Auto Service,Auto Tires,Auto Wrecking,Barber/Beauty,Commercial,Construction/Contractor,Other,Parking,Retail,Storage,Warehouse
  • Community Features: Sidewalks
  • Construction Materials: Concrete,Other,Brick,Tilt-Up
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Acreage
  • Number Of Units Total: 4
  • Stories Total: 1
Financial
  • Tax Annual Amount: 3147.0
Listing Information
  • Co List Agent Full Name: John Aflatouni
  • Co List Agent Mls Id: 0426882
  • Co List Office Mls Id: GRAD01CV
  • Co List Office Name: Grand Estates Internationale
  • List Agent Mls Id: 0704728
  • List Office Mls Id: GRAD01CV
  • Mls Status: Canceled
  • Modification Timestamp: 2024-12-16T01:12:16Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2024-12-15T19:12:08Z
MLS On The Fly

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