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3827 S Lancaster Rd

4,156 SF 100% Leased Retail Building Dallas, TX 75216 £861,111 (£207/SF) 8.81% Net Initial Yield

Investment Highlights

  • Fully Remodeled in 2023
  • Attractive 8.8% Cap Rate
  • 4 Tenants with 3-year lease
  • 100% Occupancy
  • Owner Financing

Executive Summary

Prime Investment Opportunity!
Seize the chance to own a fully leased Retail Shopping Center Strip with an impressive 8.81 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. Owner financing available to qualified buyers with 30% down. Features:
Fully leased with 4 tenants with 3-year lease terms ($8,000 per month)
Solid 8.81 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!
Buyers and Agents are encouraged to verify all provided information.
Please Do not disturb Tenants!

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,156 SF
Building Class
C
Year Built
1956
Price
£861,111
Price Per SF
£207
Net Initial Yield
8.81%
NOI
£75,841
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Land Acres
0.45 AC
Opportunity Zone
Yes
Zoning
CR - Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
112 ft on S Lancaster

Amenities

  • Corner Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000303745000000
Land Assessment
£91,839
Improvements Assessment
£16,503
Total Assessment
£108,342
  • Listing ID: 30359874

  • Date on Market: 11/12/2023

  • Last Updated:

  • Address: 3827 S Lancaster Rd, Dallas, TX 75216

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