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Next to Walmart | Below Replacement Cost $169 104 N Peachtree Rd 16,400 SF 100% Leased Retail Building Mesquite, TX 75149 $3,851,246 CAD ($234.83 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Next to Walmart
- NNN Leases with PG
- Well below replacement cost ($169/sf)
- Parking lot (2025), Roof (2025), LED Lights, Signage (2025), Fence, Paint (2025), etc.)
- 100% Leased
EXECUTIVE SUMMARY
At $169/SF well below replacement cost, this recently renovated shopping center offers a refreshed and inviting retail environment in the heart of Mesquite, TX. Significant capital improvements have been completed, including upgraded parking areas, new paint, enhanced lighting, and updated signage. A roof replacement with transferable warranty, ensuring long-term stability and reduced near-term maintenance for ownership.
In addition to its strong visibility and improved curb appeal, the property presents a clear value-add opportunity through aligning rents with current market levels. With these renovations in place, the center is well-positioned to serve the surrounding community, attract quality tenants, and capture future growth in this thriving Dallas–Fort Worth suburb.
• Current Rent Roll:
49% Of SF Is At ~50% Below Market
25% Of SF Is At ~25% Below Market
26% Of SF Is At Market Rents
All NNN Leases With PG.
In addition to its strong visibility and improved curb appeal, the property presents a clear value-add opportunity through aligning rents with current market levels. With these renovations in place, the center is well-positioned to serve the surrounding community, attract quality tenants, and capture future growth in this thriving Dallas–Fort Worth suburb.
• Current Rent Roll:
49% Of SF Is At ~50% Below Market
25% Of SF Is At ~25% Below Market
26% Of SF Is At Market Rents
All NNN Leases With PG.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
16,400 SF
Building Class
B
Year Built/Renovated
1986/2025
Price
$3,851,246 CAD
Price Per SF
$234.83 CAD
Cap Rate
7%
NOI
$269,587 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.97 AC
Zoning
LC, Mesquite - Commercial
Parking
85 Spaces (5.18 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $619,086 CAD | |
| Land Assessment | $759,421 CAD | Total Assessment | $1,378,507 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$759,421 CAD
Improvements Assessment
$619,086 CAD
Total Assessment
$1,378,507 CAD
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Next to Walmart | Below Replacement Cost $169 | 104 N Peachtree Rd
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