5304 N Galloway Ave - Restaurant FOR SALE


Mesquite, TX 75150- Greater Mesquite
$3,446,015 USD
703-477-1315
5304 N Galloway Ave, Mesquite, TX for Sale
$3,446,015 USD
Restaurant - FOR SALE
1/6
null | 5.75% Cap Rate

5304 N Galloway Ave
Mesquite, TX 75150
Greater Mesquite


HIGHLIGHTS

  • Ranks Among the Top 26% of Cracker Barrel Locations Nationwide
  • Excellent Interstate Access & Visibility
  • Strong Sales and a Low Rent-to-Sales Ratio.

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 10,252-square-foot Cracker Barrel Old Country Store situated on 4.44 acres in Mesquite, Texas (MSA Population: 8.34 M). Cracker Barrel's absolute NNN lease features ±15.0 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options.

FOR SALE DETAILS

PRICE

$3,446,015 USD

PRICE/SF

$345 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel: Mesquite, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

195

LAND DETAILS

LAND ACRES

4.44 AC

LAND SF

193,406 SF

ZONING

-

APN/PARCEL ID

380516000201R0000

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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