1300 N Beltline Rd

12,480 SF Retail Building Mesquite, TX 75149 $2,050,000 ($164/SF) 6.76% Cap Rate

Investment Highlights

  • Approximately 3.5 Years Remaining in the Initial 15 Year Lease Term
  • Absolute NNN Lease with ZERO Management Responsibilities
  • 12,480 SF Building - the Largest Prototype Store Size that Dollar General Utilizes
  • 2013 Build to Suit Construction | 12,480 SF Building on 1.47 Acre Parcel
  • Highly Upgraded Construction | Four Sided Concrete Masonry with Brick & Stone - Monument Signage
  • 5-Mile Demographics: 236,567 Residents | $92,587 Average Household Income

Executive Summary

Schuchert Retail Group and Brian Brockman (Bang Realty-Texas Inc.) are pleased to exclusively present for sale the 12,480 SF Dollar General located at 1300 N Belt Line Rd, Mesquite, TX 75149.
In Conjunction With: Brian Brockman (Bang Realty-Texas Inc) - License #701472
TX License #701472

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,480 SF
Building Class
B
Year Built
2013
Price
$2,050,000
Price Per SF
$164
Cap Rate
6.76%
NOI
$138,527
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.47 AC
Zoning
PD - C - Commercial District
Parking
53 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
202 FT on N Beltline Road

Amenities

  • Monument Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • Mar 2028

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Triple Net Mar 2028

Nearby Major Retailers

Kroger
Scooter's Coffeehouse
Taco Casa
Bestway Rent To Own
PNC Bank
Starbucks
Denny's
Waffle House Inc
La Madeleine
Bank of America

PROPERTY TAXES

  • Listing ID: 33630317

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 1300 N Beltline Rd, Mesquite, TX 75149