817-932-6100
2698 N Galloway Ave, Mesquite, TX for Sale
Medical - FOR SALE
1/43
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2698 N Galloway Ave
Mesquite, TX 75150
Greater Mesquite


HIGHLIGHTS

  • Priced Below Replacement Cost
  • Staggard Lease Expiration
  • High Historical Occupancy

OVERVIEW

Marcus & Millichap Real Estate Investment Services is pleased to offer for sale a fee simple ownership interest in 2698 N Galloway Avenue. The property is currently 87 percent occupied by medical tenants and producing a substantial net operating income, along with a vacant space to increase revenue for the savvy investor. The offering includes 2,200 square feet are available for a buyer wishing to occupy the space and receive rental income from surrounding tenants. The subject property was built in 2003 for medical office use. The office building contains a total of 17,901 square feet of rentable space. The property is priced well below replacement cost and situated minutes 635 Highway. The property is surrounded by mature neighborhoods and is within a short drive to Town East Mall and Towne Centre Village. This unique investment opportunity will be attractive to both the investor buyer and owner/user buyer. The seller would also a consider a lease option for the remaining 2,200 square feet.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

Z31/F1

APN/PARCEL ID

38092550013R20000

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info
817-932-6100

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Mark McCoyMarcus & MillichapMore Info
817-932-6100

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