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El Atoron Restaurant 1821 Crestridge Dr 3,150 SF Retail Building Mesquite, TX 75149 $1,232,739 CAD ($391.35 CAD/SF)
Investment Highlights
- Colse to city hall, library, hospital, post office and apartment and housing
- Easy access, plenty parking
- Cross street from schools and retail shopping center.
Executive Summary
Fully service restaurant and bakery. Remodeled again in 2024. 3150 S.F. in condensed residential, apartments, and retail areas. 18-year long term lease. Current rent $4600 a month, 3-1-27 $4900, 3-1-30 $5300, 3-1-33 $5600, 3-1-36 $5900. The tenant pays annual taxes and take care common area maintenance. It has walk-in cooler, bake stove, cooking lines, 3 compartment sink, hand sink, mop sink, washer, dryer connection etc. 1000 gallon grease trap. Everything meets the city requirement. Solid building with great appeal. Excellent investment opportunity. Please call 972-891-2088 if you need more information or a showing. Drive by to see it first, Panaderia MI Morelia at 1821 Crestridge Dr. Mesquite TX 75149.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$75,497
|
$23.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$75,497
|
$23.97
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $75,497 |
| Annual Per SF | $23.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $75,497 |
| Annual Per SF | $23.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,150 SF
Building Class
B
Year Built/Renovated
1955/2024
Price
$1,232,739 CAD
Price Per SF
$391.35 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.34 AC
Zoning
Commercial - restaurant
Frontage
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 38137500300200100 | Improvements Assessment | $6,912 CAD |
| Land Assessment | $155,514 CAD | Total Assessment | $162,426 CAD |
Property Taxes
Parcel Number
38137500300200100
Land Assessment
$155,514 CAD
Improvements Assessment
$6,912 CAD
Total Assessment
$162,426 CAD
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Presented by
Amax Investment Company
El Atoron Restaurant | 1821 Crestridge Dr
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