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$ 895,000
Est. payment /mo
Active
701 W Dickey Road Grand Prairie, TX 75051
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 21312934
Total Fin. Sqft 1540
Year Built 1957
Annual Tax Amount $2,864
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Business
Property Description
investment Opportunity – Income-Producing Commercial Property
Excellent opportunity to acquire a well-located commercial property in the heart of Grand Prairie. The property is currently leased, providing immediate rental income from day one. The existing lease rate is significantly below current market value, offering exceptional upside potential through future rent increases upon lease renewal or expiration.
This property is ideal for both investors and owner-users. Continue collecting rental income while planning for future occupancy or maximize returns by bringing the lease to market rates when the opportunity arises.
Property Highlights:
-Income-producing property with an established tenant.
-Current lease is well below market rent, creating significant value-add potential.
-Excellent opportunity for investors or future owner-users.
-Prime location with great visibility and easy access to major highways.
-Strong long-term appreciation and income growth potential.
-Don't miss this rare opportunity to own a commercial property with immediate cash flow and outstanding future upside
Excellent opportunity to acquire a well-located commercial property in the heart of Grand Prairie. The property is currently leased, providing immediate rental income from day one. The existing lease rate is significantly below current market value, offering exceptional upside potential through future rent increases upon lease renewal or expiration.
This property is ideal for both investors and owner-users. Continue collecting rental income while planning for future occupancy or maximize returns by bringing the lease to market rates when the opportunity arises.
Property Highlights:
-Income-producing property with an established tenant.
-Current lease is well below market rent, creating significant value-add potential.
-Excellent opportunity for investors or future owner-users.
-Prime location with great visibility and easy access to major highways.
-Strong long-term appreciation and income growth potential.
-Don't miss this rare opportunity to own a commercial property with immediate cash flow and outstanding future upside
Location
State TX
County Dallas
Zoning Commerical
Direction USE GPS
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Concrete
Heat Source Central, Electric
Exterior
Utilities Available Cable Available, City Sewer, City Water
Roof Type Metal
Garage No
Building
Foundation Other
Structure Type Board & Batten Siding,Brick,Concrete
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21312934
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Listed by Bilal Omar • SUMMIT, REALTORS
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