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    2401 W Ledbetter Dr Dallas, TX 75216

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    For Sale
    $5,375,184

    Retail property with long-term lease and high traffic volume.

    Property size:
    15,047 SF
    Lot size:
    1.67 Acres

    Property Features for 2401 W Ledbetter Dr

    General Information

    Size
    15,047 SF
    Lot size
    1.67 Acres

    Source: SVN | Net Lease Texas Agent Glen Berhow

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

    Overview

    Dallas Retail NNN Opportunity

    This retail property, constructed in 2000, offers 15,047 square feet of space on a 1.7-acre lot. It benefits from a signalized intersection and a hard corner location. The property has over ten years remaining on its initial 25-year term, along with ten 5-year options. It is located in an area with a high traffic volume of over 48,000 vehicles per day and a population exceeding 133,000 within a 3-mile radius, where the average household income is over $50,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    COVID-19 Drive-Thru Testing ... Pharmacy Jaschica Shelley Nurse Practitioner Village Medical at Walgreens Medical Clinic Village Medical at Walgreens ... Medical Clinic Porshay Bailey Pharmacy

    Suggested Use

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

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

    Similar Places Nearby

    Walgreens Pharmacy, Easy Care Pharmacy, Remcare Pharmacy, Nosa Imalenowa, PharmD, COVID-19 Drive-Thru Testing at Walgreens

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.8576229
    Latitude
    32.6917895

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    FAQs

    What type of property is this?
    Drug store - Retail property with long-term lease and high traffic volume.
    Where is this drug store located?
    The property is located at 2401 W Ledbetter Dr Dallas, TX.
    What is the asking price?
    The asking price for this property is $5,375,184.
    What are key features of this property?
    This property features: - Long-term NNN Lease with 10+ Years Remaining on Prime Term; - **High Traffic Location: 48,000+ Vehicles Per Day**; - Signalized Intersection on a Hard Corner
    (469) 828-1950
    Request Owner's contact information
    2401 W Ledbetter Dr Dallas, TX 75216
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    Dallas, TX 75216
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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
    2401 W Ledbetter Dr Dallas, TX 75216
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