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1438 Oates Dr 7,750 SF Retail Building Mesquite, TX 75150 $4,814,670 CAD ($621.25 CAD/SF) 8.09% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strategic Location: Minutes from I-635, Town East Mall, and Mesquite Arena
  • High Visibility: Situated in a bustling corridor with strong traffic counts
  • Tenant Occupied: Immediate rental income from day one with 8% CAP

EXECUTIVE SUMMARY

Turnkey Investment Opportunity! Prime commercial property in Mesquite, TX, currently leased to a reliable tenant. This is your chance to own a cash-flowing asset in one of the fastest-growing suburbs of Dallas. Mesquite offers a thriving business environment with steady growth and excellent connectivity to Dallas. With a tenant already in place on a NNN Lease, this property provides instant returns and long-term appreciation potential.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
7,750 SF
Building Class
C
Year Built/Renovated
1986/2023
Price
$4,814,670 CAD
Price Per SF
$621.25 CAD
Cap Rate
8.09%
NOI
$389,397 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.68 AC
Zoning
GR
Parking
36 Spaces (4.65 Spaces per 1,000 SF Leased)
Frontage
107’ on Oates Dr

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

From day one, Veritex Community Bank set out to build an institution rooted in truth, transparency, and uncompromising integrity. With that foundation, the team worked tirelessly to bring the vision to life. Over time, their dedication paid off—Veritex became one of the 10 largest banks headquartered in Texas. This steady growth is a testament to a simple belief: when hard work, honesty, and respect guide every decision, good things follow. For more than a decade, Veritex Community Bank has been creating positive outcomes for business and personal banking customers across Texas and beyond—and remains committed to doing the same today.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Waffle House
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38153520010030000
Land Assessment
$485,877 CAD
Improvements Assessment
$1,854,836 CAD
Total Assessment
$2,340,713 CAD
  • Listing ID: 38795320

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 1438 Oates Dr, Mesquite, TX 75150

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