3220 Gus Thomasson Rd Mesquite, TX 75150
For Lease
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This exceptional opportunity presents the acquisition of a well-established wig shop in Mesquite, Texas. Located at 3220 Gus Thomasson Rd, 75150, this Class B, single-story business boasts a strong reputation built on years of providing premium-quality wigs, hairpieces, and extensions to a loyal clientele. The business currently generates a Net Operating Income (NOI) of $70,000, resulting in a remarkable 93.33% capitalization rate. While the current lease expires on December 31, 2024, the asking price is $75,000, representing a price per square foot of $1,500. Pro forma projections indicate a NOI of $33,000 and a 44% capitalization rate, suggesting significant potential for growth and increased profitability under new ownership. All inventory, fixtures, and customer contacts are included in the sale, ensuring a seamless transition. The business benefits from a high-traffic location and a diverse customer base, with opportunities for expansion into new product lines, wholesale partnerships, and international markets. This turnkey operation is ideal for an owner-operator or investor seeking a profitable venture in the beauty industry. The business is situated in Dallas County, Texas.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z97 · Mesquite, TXMesquite. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.