3827 S Lancaster Road Dallas, TX 75216
UPDATED:
06/29/2024 03:30 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Liberty Heights
MLS Listing ID 20660492
Total Fin. Sqft 4156
Year Built 1956
Annual Tax Amount $3,147
Lot Size 0.445 Acres
Acres 0.445
Property Description
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!
Location
State TX
County Dallas
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 Wall Unit(s), Window Unit(s)
Flooring Laminate
Heat Source Electric
Exterior
Utilities Available Asphalt
Roof Type Shingle
Parking Type Additional Parking, Asphalt, Concrete, Parking Lot, Paved
Garage No
Building
Lot Description Acreage
Foundation Pillar/Post/Pier
Structure Type Brick,Concrete,Tilt Wall,Other
Others
Ownership Yari Properties LLC
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