701 W Dickey RD Grand Prairie, TX 75051
1,540 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,540 sqft
Subdivision Na
MLS Listing ID 21312934
HOA Y/N No
Year Built 1957
Annual Tax Amount $2,864
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Business
Property Description
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 Central Air, Ceiling Fan(s), Electric
Flooring Concrete
Inclusions Land & Improvements
Fireplace No
Exterior
Parking Features Additional Parking
Utilities Available Cable Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type Metal
Private Pool No
Building
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Others
Tax ID 65053437110160000
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21312934
Kameela Winters
Real Estate Agent | New Construction Specialist License ID: 0791512