2414 E Highway 80
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2414 E Highway 80
4 Flex Properties in Mesquite, TX
Investment Highlights
- Historically 100% occupied, with numerous leads per week
- Room for $5 to $7 PSF Rent Growth
- 1996 - Put a 3-ply Modified Bitumen roof on the existing built-up roof.
- Majority of tenants are on 3-year leases
- Rents currently average around $7.50 MG, with the goal of +/- $12.50 MG within 3 years
- 2014 - Put Elastomeric Roof Coating.
Executive Summary
Introducing an Industrial Investment Opportunity at 2414 East Highway 80, Mesquite, TX - East Town Industrial Park. The 54,570 SF building portfolio, constructed in 1983, offers a solid industrial property foundation boasting 100% occupancy, this property presents a compelling proposition for investors with a value-add opportunity of $5.00-$7.00 PSF rent growth and a reliable income stream. Desirable location, this space consistently caters to the needs of industrial and flex space tenants. Current ownership has owned the property for 4 decades. Discussing all offers; contact for more details.
Property Facts
Sale Type | Investment or Owner User | Individually For Sale | 0 |
Status | Active | Total Building Size | 53,964 SF |
Number of Properties | 4 | Total Land Area | 6.06 AC |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 53,964 SF |
Total Land Area | 6.06 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Building 1
2414 E Highway 80, Mesquite, TX 75149 |
Flex | 20,850 SF | 1983 | - |
Building 4
2414 E Highway 80, Mesquite, TX 75149 |
Flex | 9,000 SF | 1984 | - |
Building 2
2414 E Highway 80, Mesquite, TX 75149 |
Flex | 15,120 SF | 1984 | - |
Building 3
2414 E Highway 80, Mesquite, TX 75149 |
Flex | 8,994 SF | 1983 | - |
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2414 E Highway 80
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