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3827 S Lancaster Road

Dallas, TX 75216
  • $1,090,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 20660492
UPDATED: 193 min ago
$1,090,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Offered by Pegah Ganji of Grand Estates Internationale: 469-585-4991.

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 termsSolid 8.8 CAP RatePristine investment in a popular marketImmediate income potentialWhether 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 AvailableBuyers and Agents are encouraged to verify all provided information.Do not disturb Tenants!

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-20T10:44:03.217.
www.texasonlinehomesearch.com/homes/152162874
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3827 S Lancaster Road Dallas, TX 75216

  • Price: $1,090,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 193 min ago
  • MLS #: 20660492
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1956
Built
Neighborhood:
Liberty Heights
County:
Dallas
Area:
Dallas
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 termsSolid 8.8 CAP RatePristine investment in a popular marketImmediate income potentialWhether 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 AvailableBuyers and Agents are encouraged to verify all provided information.Do not disturb Tenants!
Exterior Features

Construction BrickConcreteTilt WallOther Foundation Pillar/Post/Pier Lot Description Acreage Lot Size Source Public Records Parking Or Garage Additional ParkingAsphaltConcreteParking LotPaved Road Frontage Type City StreetSidewalk Roof Shingle

Interior Features

Ceiling Height 8 to10 Feet Cooling Wall Unit(s)Window Unit(s) Flooring Laminate Handicap YN Yes Heating Electric Sq Ft Gross 4156

Property Features

Building Area Source Public Records Building Area Total 4156.00 Building Use AutomotiveBeauty/BarberOfficeOffice/WarehouseRetailStorage WarehouseOther Construction Status Preowned Gross Annual Expenses 96000.00 Gross Annual Income 96000.00 List MLSProvider Metrotex Association Of Realtors Multi Zoning Yes Municipal Utility District No Net Operation Income 96000 Owner Pays Exterior MaintenanceInsuranceRoof MaintenanceTaxes Possession Closing/Funding Property Type Retail Tenant Pays All UtilitiesElectricity Transaction Includes Building OnlyLand & Improvements Unexempt Taxes 3147 Utilities Asphalt Will Subdivide No Zoning Retail

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty | The Tierny Jordan Network. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than eXp Realty | The Tierny Jordan Network are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-07-20T10:44:03.217.
 
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eXp Realty | The Tierny Jordan Network
eXp Realty | The Tierny Jordan Network
Dallas | Arlington | Frisco TX,
Offered by Pegah Ganji of Grand Estates Internationale: 469-585-4991.