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NNN Property with Restaurant Tenant
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3902 Towne Crossing Blvd, Mesquite, TX 75150

Freestanding restaurant asset leased to Hooters under a long-term absolute NNN lease.

Property Size4,250 SF
Lot Size0.92 Acres
Price / SF$976.47
Days on Market121

Property Features for 3902 Towne Crossing Blvd

General Information

Standard status Active
Size 4,250 SF
Lot size 0.92 Acres
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $321,648

Building Details

Year Built 1987
Tenancy Single
Listing Agency: Retail Investment Group LLC
Listed By: Sean Stephenson · License #AZ SA672380000
Source: Crexi
Added: May 4 Changed: Aug 30 Last Checked: Aug 30 at 8:23PM

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 Retail Investment Group LLC

Investment Insights

Based on property information with market context.

This NNN investment property includes a freestanding 4,250-square-foot restaurant building on approximately 0.92 acres. Constructed in 1987, the property is occupied by Hooters and operates under an absolute NNN lease with approximately 11 years remaining.

The asset is located at 3902 Towne Crossing Blvd in Mesquite, Texas, within the Dallas-Fort Worth-Arlington MSA, which has over 7.6M residents. Its established restaurant use and existing long-term lease provide a defined operating and occupancy framework for the property.

Key Highlights

  • Absolute NNN lease with approximately 11 years remaining
  • Hooters restaurant tenant
  • ±4,250 square foot building

Property Analytics

Current Use

ATM Atm Hooters Bar & Pub

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

927
Businesses Nearby
462k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 32% Apparel 19% Home Improvements & Furnishings 7%
Academy Sports + Outdoors Apparel
79,160 visits/mo 0.4 miles
HomeGoods Home Improvements & Furnishings
31,355 visits/mo 0.5 miles
Michaels Shops & Services
28,675 visits/mo 0.4 miles
Olive Garden Dining
28,412 visits/mo 0.1 miles
Murphy USA Shops & Services
26,933 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant asset leased to Hooters under a long-term absolute NNN lease.
Where is this nnn property located?
The property is located at 3902 Towne Crossing Blvd Mesquite, TX.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Absolute NNN lease with approximately 11 years remaining; Hooters restaurant tenant; ±4,250 square foot building
More about this property
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