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3300 Shepherd Ln 5,040 SF 100% Leased Retail Building Balch Springs, TX 75180 $1,244,350 CAD ($246.89 CAD/SF) 9.32% Cap Rate
EXECUTIVE SUMMARY
3300 Shepherd is a value-add, multi-tenant retail property located in Balch Springs, Texas, within the southeast Dallas submarket. The property offers in-place cash flow with upside through lease-up, re-tenanting, and targeted capital improvements.
The site benefits from strong frontage and access along Shepherd Lane, serving a dense surrounding residential base. In addition to near-term income growth, the property presents long-term redevelopment potential supported by its land value and site configuration, subject to zoning and municipal approvals.
This combination of current income and future redevelopment optionality positions 3300 Shepherd as an attractive investment opportunity within the Dallas metro area.
The site benefits from strong frontage and access along Shepherd Lane, serving a dense surrounding residential base. In addition to near-term income growth, the property presents long-term redevelopment potential supported by its land value and site configuration, subject to zoning and municipal approvals.
This combination of current income and future redevelopment optionality positions 3300 Shepherd as an attractive investment opportunity within the Dallas metro area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,040 SF
Building Class
C
Year Built
1958
Price
$1,244,350 CAD
Price Per SF
$246.89 CAD
Cap Rate
9.32%
NOI
$115,983 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.61 AC
Zoning
LR - Community Retail
Parking
20 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Botanica La Yayis
- Public Administration
- -
- -
- -
- Key Services
- Professional, Scientific, and Technical Services
- -
- -
- -
- P L
- Retailer
- -
- -
- Feb 2022
- Swami Convenience Grocery
- -
- -
- -
- -
- Zumba Team Blanca
- Arts, Entertainment, and Recreation
- -
- -
- Feb 2018
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Botanica La Yayis | Public Administration | - | - | - | ||
| Key Services | Professional, Scientific, and Technical Services | - | - | - | ||
| P L | Retailer | - | - | Feb 2022 | ||
| Swami Convenience Grocery | - | - | - | - | ||
| Zumba Team Blanca | Arts, Entertainment, and Recreation | - | - | Feb 2018 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 65006186010130000 | Improvements Assessment | $576,714 CAD |
| Land Assessment | $183,304 CAD | Total Assessment | $760,018 CAD |
PROPERTY TAXES
Parcel Number
65006186010130000
Land Assessment
$183,304 CAD
Improvements Assessment
$576,714 CAD
Total Assessment
$760,018 CAD
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3300 Shepherd Ln
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