Mesquite, TX - Former Twin Peaks

Description:

SRS National Net Lease Group is pleased to offer for sale or lease a 1.35-acre lot with a 5,801 SF former national restaurant retailer located in Mesquite, Texas (DFW MSA). The building features 94 parking stalls, an ample 16.20 stalls per 1,000 SF. The property is zoned for commercial use, providing for a wide range of retail uses. The site presents an excellent lease-up or owner-user opportunity in a highly desirable retail location. Landlord will offer ground lease, build to suit, or reverse build to suit as needed by new tenant/user. Current tenant is operating on month to month lease and will consider vacating within 3 months’ notice. Building can be delivered vacant. Please do not disturb tenant or employees. Any site tours must be scheduled with notice to Listing Broker.

Twin Peaks is strategically situated just off Interstate 635 / Lyndon B Johnson Freeway (195,100 VPD) with excellent highway frontage and a large pylon sign, increasing visibility to the subject property. The asset is also an outparcel within The Marketplace at Town Centre, a Kohl’s, Ross Dress for Less, Old Navy, Five Below, and Famous Footwear anchored shopping center, promoting crossover shopping to the site. Other nearby national/credit tenants include Macy’s, Target, Dick’s Sporting Goods, The Home Depot, Best Buy, Bed Bath & Beyond, Burlington, and more, increasing consumer traffic to the trade area. In addition, the subject property is within close proximity to a number of apartment complexes, including Prescott Place, Falltree Apartments (126 units), Mesquite Village Apartments (264 units), The Barons Apartments (508 units), Parc East Apartments (209 units), and more, providing a direct consumer base to draw from. The 5-mile trade area is supported by nearly 335,000 residents with an average household income of $77,247.

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Listing ID: a288X0000065M7UQAU