Mesquite Restaurant Property For Sale

3904 Towne Crossing Blvd, Mesquite, TX

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For Sale

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Restaurant property for sale with long-term lease and annual increases.

Type:RETAIL

Property size:

7,374 SF

Lot size:

1.51 Acres

Price / SF:

$431/SF

HighLights

Long term 15 Year Triple Net Lease at Close of Escrow
Zero landlord responsibility – Tenant Self Maintains all aspects of the Property
Enjoy 1.5% Annual Rental Increases
Tenant is operated by Parent company, Local Favorite Restaurants, which operates 53 locations in north Texas.
Located right off of LBJ Fwy, which sees over 144,000 Vehicles per Day
Located in a Strong Retail Corridor with Surrounding Retailers Including Kroger, Target, Chick‑fil‑A and More

We can help!

Listing Contact

Adam Gottschalk

For Sale

Contact for pricing

Restaurant property for sale with long-term lease and annual increases.

Type:RETAIL

Property size:

7,374 SF

Lot size:

1.51 Acres

Price / SF:

$431/SF

Added:: Jul 24, 2023
Days on Market:: 1052
Last Refresh:: May 20 at 8:14 pm

Property Features for 3904 Towne Crossing Blvd

General Information

Standard status: Active
Size: 7,374 SF
Lot size: 1.51 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Adam Gottschalk

Listing agent Adam Gottschalk License #TX 636961

Listing office STRIVE

Listing date Jul 24, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of STRIVE

HighLights

Long term 15 Year Triple Net Lease at Close of Escrow
Zero landlord responsibility – Tenant Self Maintains all aspects of the Property
Enjoy 1.5% Annual Rental Increases
Tenant is operated by Parent company, Local Favorite Restaurants, which operates 53 locations in north Texas.
Located right off of LBJ Fwy, which sees over 144,000 Vehicles per Day
Located in a Strong Retail Corridor with Surrounding Retailers Including Kroger, Target, Chick‑fil‑A and More

Overview

This property, suitable for drive-through restaurants, restaurants, and retail, is available for sale. It features a long-term 15-year triple net lease that commences at the close of escrow, ensuring zero landlord responsibility as the tenant self-maintains all aspects of the property. The lease includes 1.5% annual rental increases. The parent company, Local Favorite Restaurants, operates 10 different restaurant experiences across 53 locations in North Texas, all within the Dallas-Fort Worth Metroplex in strong retail corridors. The property is located right off of LBJ Fwy, which sees over 144,000 vehicles per day. Surrounding retailers include Kroger, Fitness Connection, The Town East Mall, Target, Chick-fil-A, Michaels, Burlington, Raising Canes, Outback Steakhouse, Red Lobster, Olive Garden and more. The property size is 7,374 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Expert Dry Ease ... Hardware & Home Improvement El Fenix Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Mesquite
County: Dallas
State: Texas
Longitude: -96.6303
Latitude: 32.8183

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For sale
Drive through restaurants
TX
Mesquite
3904 Towne Crossing Blvd

What type of property is this?

Drive through restaurant - Restaurant property for sale with long-term lease and annual increases.

Where is this drive through restaurant located?

The property is located at 3904 Towne Crossing Blvd Mesquite, TX.

What is the asking price?

The asking price for this property is $3,185,000.

What are key features of this property?

This property features: Long term 15 Year Triple Net Lease at Close of Escrow; Zero landlord responsibility – Tenant Self Maintains all aspects of the Property; Enjoy 1.5% Annual Rental Increases

3904 Towne Crossing Blvd, Mesquite, TX

Restaurant property for sale with long-term lease and annual increases.

Property Features for 3904 Towne Crossing Blvd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant with Drive-Thru

Brick Multi-Use Office/Retail Building

Former Daycare Building Opportunity

Renovated Medical Office Condo

Single-Story Commercial Building

Renovated Office/Warehouse with Gated Yard

Mesquite Industrial Building with Expansion

Automotive Storage Yard with Office

Retail Center on North Belt Line

Church and Youth Education Facility

Net-Leased Office Building with Two Tenants

Mesquite Commercial Building For Sale

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