610 N Galloway Ave - Retail FOR SALE


Mesquite, TX 75149- Downtown Mesquite
$1,949,000 USD
214-335-4068
610 N Galloway Ave, Mesquite, TX for Sale
$1,949,000 USD
Retail - FOR SALE
1/10
null | 5.25% Cap Rate

610 N Galloway Ave
Mesquite, TX 75149
Downtown Mesquite


HIGHLIGHTS

  • Two (2) Tenant Retail Asset Across From Kroger in Growing DFW Submarket of Mesquite, TX
  • Weighted Average Base Lease Term of 7.5 Years
  • Quick Access to Interstate 635 (162,600+ VPD)

OVERVIEW

AT&T & Wingstop is a 2,355 square foot retail asset located in the established submarket of Mesquite, Texas. Situated on +/-0.42 acres, the Property is moments south of Highway 80 directly on Galloway Avenue approximately 18 minutes from downtown Dallas. Recently developed in 2022, AT&T & Wingstop features partial masonry construction, a highly visible two sided pylon sign, a pick up window for Wingstop, parallel positioning to Galloway Avenue, shallow bay depth and an average suite size of 1,178 SF. The Property benefits from an average lease expiration of January 2031 with a 10% rental escalation for Wingstop beginning in year five (5) of their ten (10) year term. Notable national retailers in close proximity to AT&T & Wingstop include Kroger, Walmart Supercenter, Pet Supplies Plus, AutoZone, Family Dollar, Dollar Tree, Five Below, CVS, Walgreens and H&R Block amongst others.

FOR SALE DETAILS

PRICE

$1,949,000 USD

PRICE/SF

$828 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T & Wingstop

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,225 SF

ZONING

-

APN/PARCEL ID

38012500010010300

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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