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4 Unit Commercial building, fully leased up

303 Alamo Ave, Lake Dallas, TX, Lake Dallas, Texas, 75065

Photos

* FOR SALE

$738,750

MLS: 42253-214207

7492. SqFt

2,955 SqFt

What You Should Know

  • Great investment opportunity

  • Handicapped Accessible

  • New Appliances

  • Sprinkler System

  • Parking

  • Restaurants/Shopping

Why You'll Love It

This investment sale of 303 Alamo Ave, a four-unit, 100% occupied multi-tenant retail strip center located in Lake Dallas, Denton County, Texas. The property offers qualified investors a stabilized, income-producing retail asset within one of the fastest-growing commercial real estate submarkets in the Dallas–Fort Worth Metroplex. The property is currently leased to four (4) established tenants representing a diversified mix of personal services, full-service dining, specialty retail, and quick-service food uses. All leases are structured as gross leases, with the landlord maintaining control over property expenses. Units A and B feature contractual step-up rent schedules, providing a clear and contractually assured path to increased net operating income without requiring new leasing activity. Units C and D provide stable, flat-rate income streams.

Where You'll Find It

  • Street Address: 303 Alamo Ave, Lake Dallas, TX
  • City: Lake Dallas
  • State: Texas
  • County: Denton

Grady Ray

Realtor
See Website