610 N Town East Blvd - Medical FOR SALE


Mesquite, TX 75150- Greater Mesquite
$1,925,000 USD
847-553-6285
610 N Town East Blvd, Mesquite, TX for Sale
$1,925,000 USD
Medical - FOR SALE
1/18
null | 7.07% Cap Rate

610 N Town East Blvd
Mesquite, TX 75150
Greater Mesquite


HIGHLIGHTS

  • 900+ Location National Anchor
  • Stabilized Day-One Cash Flow
  • 3% Annual Escalations
  • Two Decades of Co-Tenancy Stability
  • Established Location

OVERVIEW

Partners is pleased to offer for sale 610 N Town East Blvd — a 100%-leased, two-tenant net-leased asset anchored by MyEyeDr., a national optometry platform of approximately 900 locations. MyEyeDr. has just exercised its renewal option, locking in another five years of term. The second suite is occupied by an independent wealth-management firm that has been in the building since 2006 — a deeply rooted local credit with two decades of payment history at this address.

FOR SALE DETAILS

PRICE

$1,925,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mesquite Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

Conditional Use

APN/PARCEL ID

65033955010070000

ASK ABOUT THIS PROPERTY

Ryan McCulloughPartnersMore Info
847-553-6285

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Ryan McCulloughPartnersMore Info
847-553-6285

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