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AT&T & Wingstop 610 N Galloway Ave 2,355 SF 100% Leased Retail Building Mesquite, TX 75149 $2,633,417 CAD ($1,118.22 CAD/SF) 5.35% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
2,355 SF
Building Class
C
Year Built
2023
Price
$2,633,417 CAD
Price Per SF
$1,118.22 CAD
Cap Rate
5.35%
NOI
$140,944 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
0.42 AC
Parking
24 Spaces (10.19 Spaces per 1,000 SF Leased)
Frontage
145’ on N Galloway Ave

AMENITIES

  • Restaurant
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Scooter's Coffeehouse
Kroger
Taco Casa
PNC Bank
Wells Fargo Home Mortgage
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38012500010010300
Land Assessment
$0 CAD
Improvements Assessment
$1,000,816 CAD
Total Assessment
$1,000,816 CAD
  • Listing ID: 35281130

  • Date on Market: 2025-03-27

  • Last Updated:

  • Address: 610 N Galloway Ave, Mesquite, TX 75149

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