$2,589,000 USD
214-560-6900
19121 Lyndon B Johnson Fwy
Mesquite, TX 75150
Greater Mesquite
HIGHLIGHTS
- Anchored by Investment Grade Tenant (S&P: A) | New Concept backed by Global Beauty Leader |
- NNN Leases in Nature | Walt - 3.8 Years | 10% Increases in Options Located Within a Tax Free State | 2 (5-Year) Option
- Interstate 365 (170,400 VPD) | Highway 80 (84,800 VPD) | Centralized Location | Multiple Nearby Apartment Complexes
- The Marketplace at Towne Center (431,000 SF) | Dense Retail Corridor | Strong National/ Credit Tenants
- Strong Demographics in 5-Mile Trade Area | Dallas MSA
OVERVIEW
• The asset is strategically located near the junction of Interstate 635 (170,400 VPD) and Highway 80 (84,800 VPD)
• The site benefits from nearby access to Gus Thomasson Road (25,100 VPD) and Towne Centre Drive (17,600 VPD)
• The asset is within walking distance from multiple apartment complexes including Anthem Mesquite (508 units), Falltree (126 units), Mesquite Village Apartments (264 units), and more
FOR SALE DETAILS
PRICE
$2,589,000 USD
PRICE/SF
$430 USD /SF
CAP RATE
6.7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
2-Tenant Strip | Marketplace at Towne Centre
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
C
APN/PARCEL ID
381241000A01A0000
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214-560-6900
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214-560-6900
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