972-330-2204
4315 S Lancaster Rd, Dallas, TX for Sale
Medical - FOR SALE
1/16
null | 8% Cap Rate

4315 S Lancaster Rd
Dallas, TX 75216
Cedar Crest


HIGHLIGHTS

  • Fully renovated in 2021
  • Located in Opportunity Zone
  • Across the street from Dallas VA Medical Center
  • Located at the VA Medical Center DART Station, part of the Dallas’ Light Rail System
  • Located within the Five Mile Urban Greenbelt
  • 71 adjacent garage parking spaces

OVERVIEW

The property is located across from the Veteran Affairs hospital in South Dallas. Directly next door is a brand new mixed use development encompassing apartments and retail. Adjacent to DART Blue Line VA Medical Center Station. Building is at the intersection of South Lancaster and Ann Arbor Avenue. The property is currently 69% leased to six tenants. All leases are Triple Net with the tenants covering all pro rata building expenses. The property fully renovated in 2021. The roof is TPO and was installed in 2020. The AC systems are Carrier RTU’s installed in 2020. New security and access control system were installed in 2025.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

104

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

CR

APN/PARCEL ID

004326000A0010000

ASK ABOUT THIS PROPERTY

Sarah Catherine AlfordVista HoldingsMore Info
972-330-2204

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Sarah Catherine AlfordVista HoldingsMore Info
972-330-2204

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.