Mesquite, TX - 2-Tenant Strip
$2,589,000
19121 Lyndon B Johnson Freeway, Mesquite, TX 75150
6.7
Cap Rate
173,469
NOI
Details:
Description:
• America’s Best Contacts & Eyeglasses lease is signed by National Vision, Inc., an investment-grade tenant (S&P: A) with a market cap exceeding
$1.89B
• America’s Best Contacts & Eyeglasses, operated by National Vision, Inc., is an established national retailer with over 1,000 locations
• Happy Beauty Co. lease is signed by Sally Beauty Supply, LLC, a wholly owned subsidiary of Sally Beauty Holdings (NYSE: SBH), which has an approximately $1.29 billion market cap
• Happy Beauty represents a new and growing retail brand designed to deliver quality beauty products at value price points, supported by the financial strength and industry expertise of its $3.7B parent company
• This Happy Beauty Co. site is ranked number 1 out of all of their locations nationwide, per Placer.ai
• The subject property is ideally situated within The Marketplace at Towne Centre, a 431,442 SF power center anchored by Home Depot, Kohl’s, Ross, PetSmart, and more
• The adjacent Ross and Home Depot both rank in the top 95th percentile nationwide (per Placer.ai), significantly increasing traffic to the subject shopping center
• Other nearby national/credit retailers include Target, Walmart, Aldi, Sprouts, Harbor Freight, Kroger, Hobby Lobby, Floor & Décor, and more
Location

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