701 W Dickey Rd, Grand Prairie, TX 75051
- $895,000
- List Price
- $895,000
- MLS#
- 21312934
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1957
- Construction Status
- Preowned
- Acres
- 0.36
- County
- Dallas
- City
- Grand Prairie
- 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
- Unexempt Taxes
- $2,864
- Tenant Pays
- AllUtilities
- Lot Size
- 15,681
- Flooring
- Concrete
- Foundation
- Other
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Additional Parking
- Proposed Use
- Automotive
- Inclusions
- Land & Improvements
- Possession
- CloseOfEscrow
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Listing courtesy of Bilal Omar from SUMMIT, REALTORS. Contact: 347-878-2526