701 W Dickey Rd, Grand Prairie, TX 75051

$895,000

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List Price
$895,000
Status
ACTIVE
MLS#
21312934
Subtype
CommercialSale
Construction Status
Preowned
Year Built
1957
Lot Size
15,681
Acres
0.36
Subdivision
na

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

Additional Information

Taxes
$2,864
Flooring
Concrete
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Roof
Metal
Foundation
Other
Parking Features
Additional Parking

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Bilal Omar from SUMMIT, REALTORS. Contact: 347-878-2526

Listings 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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