19121 Lyndon B Johnson Fwy - Freestanding FOR SALE


Mesquite, TX 75150- Greater Mesquite
$2,589,000 USD
214-560-6900
19121 Lyndon B Johnson Fwy, Mesquite, TX for Sale
$2,589,000 USD
Freestanding - FOR SALE
1/9
null | 6.7% Cap Rate

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

• America’s Best Contacts & Eyeglasses lease is signed by National Vision, Inc., an investment-grade tenant (S&P: A) with a market cap exceeding $1.89B • America’s Best Contacts & Eyeglasses, operated by National Vision, Inc., is an established national retailer with over 1,000 locations • Happy Beauty Co. lease is signed by Sally Beauty Supply, LLC, a wholly owned subsidiary of Sally Beauty Holdings (NYSE: SBH), which has an approximately $1.29 billion market cap • Happy Beauty represents a new and growing retail brand designed to deliver quality beauty products at value price points, supported by the financial strength and industry expertise of its $3.7B parent company • This Happy Beauty Co. site is ranked number 1 out of all of their locations nationwide, per Placer.ai

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 - DFW MSA

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

381241000A01B0000

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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