3701 S Lancaster Rd, Dallas, TX 75216
900 SF retail/flex space on 0.35-acre lot for sale.
- Added:
- Feb 6, 2026
- Days on Market:
- 151
- Last Refresh:
- Jul 4 at 8:46 am
Property Features for 3701 S Lancaster Rd
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.35 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing office KARE | Investment Sales & Leasing
Listing date Feb 6, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KARE | Investment Sales & Leasing
HighLights
- High‑traffic location on Lancaster Road with approximately 29,367 vehicles per day.
- Oversized ±10.35‑acre lot offering future expansion or redevelopment potential.
- Flexible Retail (Z59) zoning allows for a wide range of uses.
- Two buildings with two functional spaces, grade‑level access, and covered, oversized on‑site parking.
- Strategic location near Interstate 35E, Interstate 45, and Loop 12 provides strong regional connectivity.
- Suitable for immediate owner‑user occupancy or value‑add repositioning.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.2k | $102.48 |
| − Vacancy | −$23.2k | −$25.82 |
| EGI | $69.0k | $76.66 |
| − OpEx | −$17.2k | −$19.16 |
| NOI | $51.7k | $57.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Collin
- State
- Texas
- Longitude
- -96.7988469
- Latitude
- 32.7032898