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2698 N Galloway Ave

17,178 SF 69% Leased Office Building Mesquite, TX 75150 $4,000,000 ($233/SF) 8.32% Cap Rate

Executive Summary

8.32% CAP RATE WITH 3 MASTER LEASES FOR 6 MONTHS! REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. The property presents a unique opportunity for investors seeking stable returns and future potential. Currently at a 8% cap with three vacant units ready to occupy. Contact listing agent for more information.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
17,178 SF
Building Class
B
Year Built/Renovated
2003/2023
Price
$4,000,000
Price Per SF
$233
Cap Rate
8.32%
NOI
$332,887
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,178 SF
Building FAR
0.29
Lot Size
1.36 AC
Zoning
Z31/F1 - Real Commercial
Parking
42 Spaces (2.44 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 104
  • 2,249 SF
  • Office/Medical
  • Full Build-Out
  • Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 104 is a medical office featuring waiting room, check in and out desk, plenty of storage, two bathrooms, conference room, doctors office, and 4 patient rooms. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

  • 1st Fl-Ste 106
  • 2,448 SF
  • Office
  • Spec Suite
  • Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 106 is a vacant medical office featuring waiting room, check in and out desk, plenty of storage, two bathrooms, records room, and 6 patient rooms. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

  • 1st Fl-Ste 108
  • 711 SF
  • Medical
  • -
  • Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 108 is a previous, and still set up as, pharmacy. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

Space Size Space Use Condition Available
1st Fl-Ste 104 2,249 SF Office/Medical Full Build-Out Now
1st Fl-Ste 106 2,448 SF Office Spec Suite Now
1st Fl-Ste 108 711 SF Medical - Now

1st Fl-Ste 104

Size
2,249 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 106

Size
2,448 SF
Space Use
Office
Condition
Spec Suite
Available
Now

1st Fl-Ste 108

Size
711 SF
Space Use
Medical
Condition
-
Available
Now

1st Fl-Ste 104

Size 2,249 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 104 is a medical office featuring waiting room, check in and out desk, plenty of storage, two bathrooms, conference room, doctors office, and 4 patient rooms. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

1st Fl-Ste 106

Size 2,448 SF
Space Use Office
Condition Spec Suite
Available Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 106 is a vacant medical office featuring waiting room, check in and out desk, plenty of storage, two bathrooms, records room, and 6 patient rooms. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

1st Fl-Ste 108

Size 711 SF
Space Use Medical
Condition -
Available Now

REMAX Associates is pleased to present the North Texas Medical Plaza. This attractive medical office building located at 2698 N. Galloway Avenue in Mesquite offers an established tenant base with various medical disciplines. Suite 108 is a previous, and still set up as, pharmacy. FOR LEASE at $18 a sqft plus $8NNN. Contact listing agent for more information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38092550013R20000
Land Assessment
$150,950
Improvements Assessment
$2,499,050
Total Assessment
$2,650,000
  • Listing ID: 30337660

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: 2698 N Galloway Ave, Mesquite, TX 75150

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