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Lancaster Professional Bldg 525 W Pleasant Run Rd 9,876 SF 100% Leased Office Building Lancaster, TX 75146 $1,500,000 ($151.88/SF) 6.19% Cap Rate



INVESTMENT HIGHLIGHTS
- The building’s size and layout are well-suited for multiple medical suites — easy to divide into exam rooms, procedure spaces, administrative offices
- Systems and core building elements (mechanical, plumbing distribution, circulation) can support medical operations without major rework, lowering leas
- Three stable, long-term tenants demonstrate the building’s appeal to medical and professional users and deliver an established income stream that unde
EXECUTIVE SUMMARY
Located in Lancaster in southern Dallas County, this medical office sits within a dense suburban trade area that benefits from steady population and employment growth across the southern and southern-suburban Dallas markets. The site is positioned on a primary thoroughfare serving local residents and nearby communities, providing easy patient access and strong daytime traffic for medical and professional services. Proximity to major employment and residential nodes in the greater Dallas metro supports consistent demand for outpatient care, specialty clinics, and ancillary medical services. Excellent opportunity for investors seeking a stable, income-producing medical office with immediate cash flow and near-term upside. For pricing materials, rent roll, lease abstracts and to schedule a property tour.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,876 SF
Building Class
C
Year Built
1973
Price
$1,500,000
Price Per SF
$151.88
Cap Rate
6.19%
NOI
$92,848
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,876 SF
Building FAR
0.15
Lot Size
1.56 AC
Zoning
Z257 - Retail District ideal for Office or Medical
Parking
55 Spaces (5.57 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Partitioned Offices
- Drop Ceiling
- Yard
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bishara Dental
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bishara Dental | Health Care and Social Assistance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 65087423610170000 | Improvements Assessment | $642,820 |
| Land Assessment | $136,050 | Total Assessment | $778,870 |
PROPERTY TAXES
Parcel Number
65087423610170000
Land Assessment
$136,050
Improvements Assessment
$642,820
Total Assessment
$778,870
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Lancaster Professional Bldg | 525 W Pleasant Run Rd
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