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Property profile & analytics
OFF-MARKET Estimated value $2,920,000
Super regional malls

3600 Gus Thomasson Rd Mesquite, TX 75150-6200

88,702 SF 16.2 ac lot Built 1984
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0714092
Property summary
AI-generated overview

Towne Crossing Shopping Center, located at 3600 Gus Thomasson Rd in Mesquite, Texas (zip code 75150), presents a compelling investment opportunity in the thriving Dallas County market. This established retail center offers a total of 165,419 square feet of commercial space, currently featuring multiple tenants. Two spaces are immediately available, providing flexible options for prospective businesses. The minimum leasable space is 1,500 square feet, while the maximum contiguous space available is 4,548 square feet. A total of 6,048 square feet is currently vacant, presenting a unique chance to establish a presence in a well-established center. The property's strategic location in Mesquite, Texas, offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. This is an ideal opportunity for businesses seeking a prominent location within a bustling retail environment. The property is classified as retail commercial space and is situated in Dallas County. The property's address is easily accessible via Gus Thomasson Rd, providing convenient access for both customers and employees. This retail center offers a strong foundation for growth and success, making it an attractive investment for discerning businesses. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1984
Construction TILT-UP CONCRETE
Total area 88,702 SF
Lot 16.2 ac (705,672 SF)
Zoning code Z97
APN 382160000C0010000
UPID US82-0714092
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kroger (Bike/Boat/Book/etc) Store Florist
  • Dr. Suzanne Appolito & Associates Dental Office
  • Lifequest Family Chiropractic Medical Clinic Alternative Medicine Practice
  • The Vapor Club Shopping Center & Mall
  • Baja Auto Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.92M
Owner & transaction history
Crossing Station Towne · 20 yrs held
Crossing Station Towne
since 2005
2 recorded transactions
2005
Price N/A
2002
Price N/A
Zoning & alternative use
Z97 · Mesquite, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $3.7M +1.2%
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