19121 Lyndon B Johnson Fwy - Freestanding FOR SALE


Mesquite, TX 75150- Greater Mesquite
$2,750,000 USD
806-392-5336
19121 Lyndon B Johnson Fwy, Mesquite, TX for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/5
null | 6.31% Cap Rate

19121 Lyndon B Johnson Fwy
Mesquite, TX 75150
Greater Mesquite


HIGHLIGHTS

  • Power Center Outparcel : Anchored by the 430,000+ SF Marketplace at Towne Center – 4.7 million annual visits
  • New NNN Leases with 2 built in renewal options – WALT of 3.94 Years
  • New roof with 10-year warranty was installed April 2025
  • Proximity to national retailers: Home Depot, Kohls, Cater’s, PetSmart, among others
  • Excellent Visibility & Access: Visible to ±169K cars on I-635

OVERVIEW

Mesquite Marketplace Outparcel (the “Property”) is a 5,994 square foot freestanding outparcel located within the larger The Marketplace at Towne Center in Mesquite, Texas. Originally built in 2002, the Property was re-leased to 100% occupancy in 2023. The tenant mix includes America’s Best Contacts & Glasses and Sally Beauty Supply operating as Happy Beauty Co. Each tenant is on a 5-year lease with 2, 5-year options remaining.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Marketplace at Towne Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

F10

APN/PARCEL ID

381241000A01A0000

ASK ABOUT THIS PROPERTY

Greg PhelpsEDGE Realty Capital MarketsMore Info
806-392-5336

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Greg PhelpsEDGE Realty Capital MarketsMore Info
806-392-5336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.