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2698 Galloway Ave Mesquite, TX 75150

For Sale
$4,000,000

High-yield medical office building in Mesquite, TX.

Property size:
17,178 SF

Description

Added:
Feb 3, 2025
Days on Market:
312
This exceptional 17,178 square foot medical office building, situated on a 1.36-acre lot at 2698 N Galloway Avenue in Mesquite, Texas, presents a compelling investment opportunity. Currently boasting an 8% capitalization rate, the property features three master leases providing immediate income. Three additional vacant units offer significant potential for increased revenue through lease-up. The building's established tenant base comprises various medical disciplines, ensuring a stable and diverse income stream. The property's prime location in Mesquite provides excellent visibility and accessibility for patients and staff. The building's attractive design and well-maintained condition further enhance its appeal to both tenants and investors. This is an ideal acquisition for investors seeking a strong return on investment with the potential for future appreciation. The property's current occupancy and lease structure offer immediate cash flow, while the vacant units provide a clear path to enhance profitability. The 1.36-acre lot offers ample parking and potential for future expansion. This is a rare opportunity to acquire a high-performing medical office building in a thriving Texas market. Financial details are available upon request. Serious inquiries only.

Property Features for 2698 Galloway Ave

General Information

Property type
Office Properties & Spaces
Square Feet
17,178 SF
Lot Size
59,242 SF

Building Details

Year Built
2003

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jeremiah Kassahun Sisay Internist Terrell Orthopedic Clinic Orthopedic Surgeon Suresh Margassery - Dallas ... Nephrologist Cancer Center Associates Professional Services Antonio Barksdale MD ... Family Practice Physician

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mesquite
County
Dallas
State
Texas
Longitude
-96.61001
Latitude
32.80124

FAQs

What type of property is this?
Office Property Space - High-yield medical office building in Mesquite, TX.
Where is this office property space located?
The property is located at 2698 Galloway Ave Mesquite, TX.
What is the asking price?
The asking price for this property is $4,000,000.
More about this property
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