Available For Sale

919 N DALLAS AVE, LANCASTER, TX 75146

Price not disclosed

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CONTACT

Ty Underwood

SLJ Company, LLC

(214) 520-8818 ext. 4

PROPERTY INFORMATION

Price: MAKE OFFER

Lot Size: 3.343 Acres

Property Type: Retail

Zoning: Retail

Building Size:  ±39,000 Square Feet

Property Sub-Type: Neighborhood Center

HIGHLIGHTS

  • Highly motivated ownership committed to transacting.

  • Property is currently divided into three vacant spaces, ranging from ±6,000 to ±23,000 SF and offers high visibility, ample parking and a large pylon sign.

  • It is likely that the purchase price of the Property will represent a substantial discount to replacement cost.

  • The liberal "R" zoning district allows a wide variety of uses including retail, office, health club, public school, assisted living, lofts/townhomes, among many others.

  • Located in Lancaster, Texas which is approximately 15 miles south of Downtown Dallas, and offers ease of access to I-35E, I-20, and I-45.

  • As the fastest growing metropolitan area, DFW led the nation in population growth in recent years, contributing to the addition of nearly 1.3 million people over the last decade.

PROPERTY DESCRIPTION

SLJ Company, LLC (“SLJ”) has been exclusively retained to offer 919 N Dallas Ave, a vacant ±39,000 square foot value-add neighborhood shopping center situated on approximately 3.34 acres of land in Lancaster, Texas. Lancaster is located approximately 15 miles south of Downtown Dallas, and offers ease of access to Interstate 35E, Interstate 20 and Interstate 45. The Property is currently divided into three vacant spaces, ranging from ±6,000 to ±23,000 square feet, and offers high visibility, ample parking and a large pylon sign.

LOCATION

The subject property is located at 919 N Dallas Ave, between W 8th St and E Hammond Ave, in Lancaster, Texas 75146.

BUILDING AREA

Approximately 39,000 Square Feet

 

OCCUPANCY

0% (Vacant Building)

 

LEASEABLE SPACE

Suite 100:   ±10,000 SF

Suite 200:   ±6,000 SF

Suite 300:   ±23,000 SF

 

YEAR BUILT

1967

 

LAND AREA

Approximately 3.343 Acres (145,621 Square Feet)

*No minerals are included in the proposed transaction

 

LOT DIMENSIONS

Frontage on N Dallas Ave:  Approx. 236 Feet

Maximum Depth:  Approx. 418 Feet

 

PARKING

Approximately 173 parking spaces

 

ZONING

Retail “R” District

 

TRAFFIC COUNTS

N Dallas Ave:  8,700 VPD (2016)