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    2301 Lakeland Dr Dallas, TX 75228

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    For Sale
    $5,454,400

    Retail property for sale with long-term lease and options.

    Property size:
    14,560 SF
    Lot size:
    1.74 Acres

    Property Features for 2301 Lakeland Dr

    General Information

    Size
    14,560 SF
    Lot size
    1.74 Acres

    Source: SVN | Net Lease Texas Agent Glen Berhow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Lakeland Drive

    This retail property, constructed in 2004, features 14,560 square feet of space on a 1.74-acre lot. The property benefits from its location at a signalized intersection on a hard corner, with a traffic volume exceeding 30,000 vehicles per day. The surrounding area has a population of over 120,000 within a three-mile radius and an average household income exceeding $73,000 within the same radius. The property is subject to a NNN lease with over 11 years remaining on the original 25-year term. The lease includes one 10-year option and eight 5-year options.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Pharmacy Pharmacy FedEx OnSite Mailing Service Coinhub Bitcoin ATM ... Atm Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS Pharmacy, Margarita Terry 4LIFE AFILLIATE, Dawit Kidane, Zena Nguyen, Bal4 Essentials

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.701004
    Latitude
    32.810805

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    FAQs

    What type of property is this?
    Drug store - Retail property for sale with long-term lease and options.
    Where is this drug store located?
    The property is located at 2301 Lakeland Dr Dallas, TX.
    What is the asking price?
    The asking price for this property is $5,454,400.
    What are key features of this property?
    This property features: - NNN Lease provides a hassle-free investment opportunity.; - Over 11 Years Remaining on Prime Term, ensuring long-term income.; - High Traffic Location: Boasting 30,000+ Vehicles Per Day.
    (469) 828-1950
    Request Owner's contact information
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    Dallas, TX 75228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2301 Lakeland Dr Dallas, TX 75228
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