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    3904 Towne Crossing Blvd Mesquite, TX 75150

    For Sale
    $3,185,000

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

    Property size:
    7,374 SF
    Lot size:
    1.51 Acres

    Property Features for 3904 Towne Crossing Blvd

    General Information

    Size
    7,374 SF
    Lot size
    1.51 Acres

    Source: STRIVE Agent Adam Gottschalk

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

    Overview

    Mesquite Restaurant Property For Sale

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Expert Dry Ease ... Water Damage Restoration Service El Fenix Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dallas
    State
    Texas
    Longitude
    -96.6302553
    Latitude
    32.8183333

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    FAQs

    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
    (469) 844-8890
    Request Owner's contact information
    3904 Towne Crossing Blvd Mesquite, TX 75150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3904 Towne Crossing Blvd Mesquite, TX 75150
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