2375 Gus Thomasson Rd
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2375 Gus Thomasson Rd
8,031 SF 88% Leased Office Building Mesquite, TX 75150 $1,100,000 ($137/SF) 5.44% Cap Rate
Investment Highlights
- Great Traffic Counts
- Investor or Owner Operator. Currently Suite 100 is available
- 100% Leased
Executive Summary
Welcome to 2375 and 2379 Gus Thomasson Road, an secluded medical office complex located in the heart of Mesquite, TX. Spanning over 8,031 square feet, this property offers three distinct suites, each thoughtfully designed for medical practice. Situated on a generous 1.14-acre lot, this facility is zoned for General Commercial, making it an idea location for a range of healthcare services. With ample parking and easy access from major roads, it offers convenience for both patients and staff. The suites are well equipped with modern amenities, including waiting areas, examination rooms, and administrative spaces. Whether you're a medical professional looking to expand your practice or an investor seeking a prime commercial opportunity, this property presents an exceptional value proposition. Don't miss the chance to make your mark in the thriving healthcare landscape of Mesquite, TX.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$96,900
|
$12.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,900
|
$12.07
|
| Taxes |
$18,956
|
$2.36
|
| Operating Expenses |
$14,250
|
$1.77
|
| Total Expenses |
$33,206
|
$4.13
|
| Net Operating Income |
$63,694
|
$7.93
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $96,900 |
| Annual Per SF | $12.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,900 |
| Annual Per SF | $12.07 |
| Taxes | |
|---|---|
| Annual | $18,956 |
| Annual Per SF | $2.36 |
| Operating Expenses | |
|---|---|
| Annual | $14,250 |
| Annual Per SF | $1.77 |
| Total Expenses | |
|---|---|
| Annual | $33,206 |
| Annual Per SF | $4.13 |
| Net Operating Income | |
|---|---|
| Annual | $63,694 |
| Annual Per SF | $7.93 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,031 SF
Building Class
C
Year Built
2004
Price
$1,100,000
Price Per SF
$137
Cap Rate
5.44%
NOI
$59,817
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.16
Land Acres
1.14 AC
Zoning
Z396 - General Retail
Parking
20 Spaces (2.49 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Central Heating
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 380741200A0020000 | Total Assessment | $812,130 (2023) |
| Land Assessment | $173,800 (2023) | Annual Taxes | $18,956 ($2.36/SF) |
| Improvements Assessment | $638,330 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
380741200A0020000
Land Assessment
$173,800 (2023)
Improvements Assessment
$638,330 (2023)
Total Assessment
$812,130 (2023)
Annual Taxes
$18,956 ($2.36/SF)
Tax Year
2024
-
Darrin Coles, CCIM -
Cristina Coles -
Coldwell Banker Commercial Realty
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2375 Gus Thomasson Rd
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