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Oak & Key Realty
303 Alamo Ave, Lake Dallas, TX 75065
- $738,750
- List Price
- $738,750
- MLS#
- 21420791
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1970
- Construction Status
- Preowned
- Acres
- 0.17
- County
- Denton
- City
- Lake Dallas
- Subdivision
- O T Garza
Property Description
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.
Additional Information
- Unexempt Taxes
- $3,575
- Tenant Pays
- AllUtilities
- Lot Size
- 7,492
- Acres
- 0.17
- Foundation
- Other
- Roof
- Other
- Building Stories
- 1
- Parking Garage
- Additional Parking
- Possession
- CloseOfEscrow
- Proposed Use
- Restaurant
- Inclusions
- Building Only, Land Only
- Community Features
- Community Mailbox, Curbs
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Listing courtesy of Grady Ray from UCRE-TX Real Estate Assc. LLC. Contact: 469-569-9432
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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