About 3827 S Lancaster Road
Prime Investment Opportunity! 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!
Features of 3827 S Lancaster Road
| MLS® # | 21004278 |
|---|---|
| Price | $1,190,000 |
| Bathrooms | 0.00 |
| Acres | 0.45 |
| Year Built | 1956 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 3827 S Lancaster Road |
|---|---|
| Subdivision | Liberty Heights |
| City | Dallas |
| County | Dallas |
| State | TX |
| Zip Code | 75216 |
Amenities
| Utilities | Asphalt |
|---|---|
| Garages | Additional Parking, Asphalt, Concrete, Parking Lot, Paved |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
Exterior
| Lot Features | Acreage |
|---|---|
| Roof | Shingle |
| Construction | Brick, Concrete, Tilt Wall, Other |
| Foundation | Pillar/Post/Pier |
Additional Information
| Flooring | Laminate |
|---|---|
| Net Income | $96,000 |
| Building Sqft | 4,156 |
| # Units | 4 |
| Building Use | Automotive, Beauty/Barber, Office, Office/Warehouse, Retail, Storage Warehouse, Other |
| Commercial Features | Automotive, Beauty/Barber, Office, Office/Warehouse, Retail, Storage Warehouse, Other |
| Zoning | Retail |
Listing Details
| Agent | Pegah Ganji |
|---|---|
| Office | Grand Estates Internationale |
| Contact Info | 469-585-4991 |