This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4717 Gus Thomasson Rd

1,984 SF Retail Building Mesquite, TX 75150 $975,000 ($491/SF)

Investment Highlights

  • Neighborhoods in walking distance.
  • Drive thru

Executive Summary

This restaurant with a drive thru is really nice, recently updated, with outdoor covered patio seating, approx. 21 parking spaces, and updated décor with high wood plank ceilings, nice kitchen work space. Several blocks north of I-30 and 635. Furniture and equipment will convey with exception of the dishwasher & soda machine. One 5 ton unit replaced in 2018. This area is surrounded by single family residential. Gus Thomasson Road has been going through a revitalization, streets, bike paths, lights, and improvements to underground utilities and is near completion. The area includes a mixture of retail & commercial properties, with a park, city swimming pool facility, neighborhoods within walking distance.

Financial Summary (Actual - 2020)

Annual Annual Per SF
Gross Rental Income $84,000 $42.34
Other Income - -
Vacancy Loss - -
Effective Gross Income $84,000 $42.34
Net Operating Income - -

Financial Summary (Actual - 2020)

Gross Rental Income
Annual $84,000
Annual Per SF $42.34
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $84,000
Annual Per SF $42.34
Net Operating Income
Annual -
Annual Per SF -

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,984 SF
Building Class
B
Year Built/Renovated
1969/2018
Price
$975,000
Price Per SF
$491
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.34 AC
Zoning
Z97
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
105 FT on Gus Thomasson Rd

Amenities

  • Restaurant
  • Drive Thru
  • Air Conditioning

About 4717 Gus Thomasson Rd , Mesquite, TX 75150

This restaurant with a drive thru is really nice, recently updated, with outdoor covered patio seating, approx. 21 parking spaces, and updated décor with high wood plank ceilings, nice kitchen work space. Several blocks north of I-30 and 635. Furniture and equipment will convey with exception of the dishwasher & soda machine. One 5 ton unit replaced in 2018. This area is surrounded by single family residential. Gus Thomasson Road has been going through a revitalization, streets, bike paths, lights, and improvements to underground utilities and is near completion. The area includes a mixture of retail & commercial properties, with a park, city swimming pool facility, neighborhoods within walking distance. Property is currently tenant occupied.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Oscar Rodriguez
  • Accommodation and Food Services
  • 1,984 SF
  • -
  • Full Service Gross
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Oscar Rodriguez Accommodation and Food Services 1,984 SF - Full Service Gross -

Nearby Major Retailers

Pancho's Mexican Buffet
D-BAT
Cracker Barrel Old Country Store
Chase Bank
ALDI
Kroger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38027500160420500
Land Assessment
$118,480 (2023)
Improvements Assessment
$244,820 (2023)
Total Assessment
$363,300 (2023)
  • Listing ID: 18205775

  • Date on Market: 1/16/2020

  • Last Updated:

  • Address: 4717 Gus Thomasson Rd, Mesquite, TX 75150

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}