Property Listing No Longer Available for Sale

3000 Military Parkway, Mesquite, TX

Retail for Sale - $943,000 - 9,014 Sq. Ft. on 1.09 acres


Property Info

CIMLS#433667
Location
  3000 Military Parkway
  Mesquite TX 75149
UpdatedApril 23rd, 2012
TypeRetail
Price$943,000
Building9,014 Sq. Ft.
Land1.09 acres

Property Description

Bull Realty brings this single tenant, net lease, Dollar General offering to market in the heavily populated area of Mesquite, TX, located in the Dallas/Ft. Worth MSA. This +/- 9,014 sq ft store, built in 2006 on a +/- 1.095 acre parcel is located east of Dallas, just inside of I-635. The immediate area has a large population of 118,430 with an average household income of $57,019. This high traffic location is outstanding real estate with traffic counts in excess of 18,680 vehicles per day.

The current annual rent for this location is $82,500 with minimal landlord responsibilities. The original 10 year lease guaranteed by Dollar General has 4 years remaining on the initial term plus three 5-year renewal options, each with a 12% increase in each option period. Dollar General has 10,000 locations throughout the US and is the largest discount


Financials



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