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    Property profile & analytics
    FOR LEASE
    Super regional malls

    3215 W Pleasant Run Rd, Lancaster, TX 75146

    24,025 SF 1.54 ac lot Built 1985
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US82-4704815
    Property summary
    AI-generated overview

    This exceptional retail property, Idlewild Shopping Center, is strategically located at 3215 W Pleasant Run Rd in Lancaster, Texas, within Dallas County (zip code 75146). Its prime location directly off I-35 offers unparalleled visibility and accessibility, boasting nearly 170,000 vehicles passing daily. The center is classified as a multi-tenant shopping center, providing a diverse range of opportunities for businesses. Individual spaces are available, with a minimum leasable area of 600 square feet and a maximum contiguous space of 9,622 square feet, catering to a variety of business needs and sizes. This presents a unique chance to establish or expand a retail presence in a high-traffic area with significant potential for growth. The property's location in Lancaster, Texas, offers access to a thriving community and strong consumer base. The property's address is easily accessible from I-35, ensuring high visibility and convenient access for customers. This makes Idlewild Shopping Center an attractive investment opportunity for businesses seeking a prominent location with substantial daily traffic. The property is situated at 32.6046592 latitude and -96.8199845 longitude.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1985
    Construction TILT-UP CONCRETE
    Total area 24,025 SF
    Lot 1.54 ac (67,300 SF)
    Zoning code Z39
    APN 360025000201A0100
    UPID US82-4704815
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fashion Cleaners (Bike/Boat/Book/etc) Store
    • Lonestar Autos and Repair Auto Repair Shop Vehicle Inspection Center
    • Phillips Kenneth R DO Physician
    • Dan's seafoodandchicken Restaurant
    • LRenee Party Venue LLC Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $710k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.04M
    Blend (final) Blend
    $875k
    Owner & transaction history
    Asim & Adnan Investments INC · 11 yrs held
    Asim & Adnan Investments INC
    since 2015
    3 recorded transactions
    2020
    2015
    1969
    Zoning & alternative use
    Z39 · Lancaster, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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