303 Alamo AVE, Lake Dallas, TX 75065
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303 Alamo AVE Lake Dallas, TX 75065

2,955 SqFt


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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,955 sqft

Subdivision O T Garza

MLS Listing ID 21420791

Construction Status Resale

HOA Y/N No

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.

Location

State TX

County Denton

Community Community Mailbox, Curbs

Zoning C2

Direction Recommend GPS for accurate driving directions.

Interior

Heating Central, Electric, Other

Cooling Electric

Inclusions Building Only, Land Only

Fireplace No

Exterior

Parking Features Additional Parking

Community Features Community Mailbox, Curbs

Utilities Available Cable Available, Electricity Connected, Sewer Available, Water Available

Water Access Desc Public

Roof Type Other

Road Frontage All Weather Road

Private Pool No

Building

Story 1

Foundation Other

Sewer Public Sewer

Water Public

Construction Status Resale

Others

Tax ID R1040189


North Texas Real Estate Info Systems (NTREIS) / WACO Association of Realtors
Listed by  Grady Ray • UCRE-TX Real Estate Assc. LLC
L3 Property Group

L3 Property Group

+1(817) 556-1153

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303 Alamo AVE