Free Standing Retail-Office
For Sale
Contact for pricing
2413 Gus Thomasson Rd. Ste. 101-103, Mesquite, TX 75150
Free standing building with two suites: one recently remodeled office layout and one salon suite with partial occupancy.
Property SizeContact for details
Days on Market142
Property Features for 2413 Gus Thomasson Rd. Ste. 101-103
General Information
Standard status
Active
Property subtype
Retail, Office
Additional Details
Cap Rate
5.58%
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Caprice Michelle LLC
(214) 789-7364
Listed By:
Caprice Michelle · License #TX 9004701
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 9:27AM
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 Caprice Michelle LLC
Investment Insights
Based on property information with market context.
This free standing building is divided into two main suites (101 and 103). Suite 103 includes nine salons, with eight currently rented. Suite 101 was recently remodeled and converted to add 12 office spaces. The property is already remodeled and ready for use.
The building is located close to the intersection of I-635 and Highway 80 and is next to Town East Mall. It is described as the first building visible from the road and benefits from traffic generated by surrounding businesses.
Investment highlights mentioned with the offering include an existing in-place cap rate of 5.58% and a projected cap rate of 20.65% when fully leased. Seller financing is available with 15% down, along with owner financing, and the property is offered with lots of parking.
The building is located close to the intersection of I-635 and Highway 80 and is next to Town East Mall. It is described as the first building visible from the road and benefits from traffic generated by surrounding businesses.
Investment highlights mentioned with the offering include an existing in-place cap rate of 5.58% and a projected cap rate of 20.65% when fully leased. Seller financing is available with 15% down, along with owner financing, and the property is offered with lots of parking.
Key Highlights
- Free‑standing building with 2 suites: STE 101 (office) and STE 103 (salons).
- STE 103 includes 9 salons, with 8 currently rented.
- STE 101 was recently remodeled and converted to add 12 offices; ready to go.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
Demographics for 75150, TX
64,654
Population
24,892
Households
2.6
Avg Household Size
34
Median Age
20%
College-Educated
80%
High-School Grad
12.6 sq mi
ZIP Area
5,131
Density / Sq Mi
$65,985
Median Household Income
$38,301
Median Earnings
$1,387
Median Rent
$221,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Free standing building with two suites: one recently remodeled office layout and one salon suite with partial occupancy.
Where is this office units located?
The property is located at 2413 Gus Thomasson Rd. Ste. 101-103 Mesquite, TX.
What are key features of this property?
This property features: Free‑standing building with 2 suites: STE 101 (office) and STE 103 (salons).; STE 103 includes 9 salons, with 8 currently rented.; STE 101 was recently remodeled and converted to add 12 offices; ready to go.
