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$ 738,750
Est. payment | /mo
7,492 Sqft Lot
$ 738,750
Est. payment | /mo
7,492 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision O T Garza
MLS Listing ID 21420791
Total Fin. Sqft 2955
Year Built 1970
Annual Tax Amount $3,575
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Business
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.
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.
Location
State TX
County Denton
Zoning C2
Direction Recommend GPS for accurate driving directions.
Interior
Heating Central, Electric, Other
Cooling Electric
Flooring Varies
Heat Source Central, Electric, Other
Exterior
Utilities Available All Weather Road, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected
Roof Type Other
Garage No
Building
Foundation Other
Structure Type Other
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Listed by Grady Ray • UCRE-TX Real Estate Assc. LLC
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