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Storefront Retail 8702 S Lancaster Rd 17,010 SF 100% Leased Retail Building Dallas, TX 75241 $3,730,000 ($219.28/SF) 6.51% Cap Rate
Investment Highlights
- Easy Access to I-20, I-35E, & I-45
- National Tenants Include, Mint Dentistry, Metro by T-Mobile, Cricket & Many More!
- Scheduled Rental Increases
- 100% Leased
- Long-Term Leases
Executive Summary
This well-positioned, suburban retail strip center—Lancaster Retail Plaza—offers a prime opportunity for investors seeking stable income within the growing Dallas-Fort Worth market. Built in 2009 with durable masonry construction, the 17,009 SF property is currently 100% leased with national and service-oriented local tenants. Strategically located on S Lancaster Road, the property provides easy access to Interstate 20, I-35E, and I-45, with traffic counts exceeding 149,000 vehicles per day within a third of a mile. The center features monument signage, ample surface parking, and excellent visibility with 75 feet of frontage.
Proximity to major corridors makes this location ideal for local service retailers and neighborhood-oriented businesses.
Nearby Cross Streets & Traffic Volume:
S Lancaster Rd & Motor City Blvd S – 28,951 VPD (2025)
I-20 Service Rd – 25,075 VPD (2025)
S Lancaster Rd & Cedardale Rd – 9,297 VPD (2025)
Proximity to major corridors makes this location ideal for local service retailers and neighborhood-oriented businesses.
Nearby Cross Streets & Traffic Volume:
S Lancaster Rd & Motor City Blvd S – 28,951 VPD (2025)
I-20 Service Rd – 25,075 VPD (2025)
S Lancaster Rd & Cedardale Rd – 9,297 VPD (2025)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
17,010 SF
Building Class
B
Year Built
2009
Price
$3,730,000
Price Per SF
$219.28
Cap Rate
6.51%
NOI
$242,691
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.69 AC
Zoning
CS - Commercial Services (Retail)
Parking
85 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
75’ on S Lancaster Rd
Amenities
- Pylon Sign
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 007618000006A0000 | Improvements Assessment | $2,427,500 |
| Land Assessment | $293,940 | Total Assessment | $2,721,440 |
Property Taxes
Parcel Number
007618000006A0000
Land Assessment
$293,940
Improvements Assessment
$2,427,500
Total Assessment
$2,721,440
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Storefront Retail | 8702 S Lancaster Rd