5151 Gus Thomasson Rd 2,914 SF Retail Building Mesquite, TX 75150 $1,663,565 CAD ($570.89 CAD/SF) 6% Cap Rate



EXECUTIVE SUMMARY
Great Opportunity !! Location! Location! Location! This property is street facing automotive shop situated in a highly desirable area with three car covered port, which make it convenient for customers seeking automotive services , it provides quality maintenance and repairs for various makes and models ensuring customer satisfaction, such as oil changes, state inspections, Alignments, tire services and air conditioning services. All shop equipment is included in the sale.
Triple Net Leased 100%
Triple Net Leased 100%
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,914 SF
Building Class
C
Year Built
1962
Price
$1,663,565 CAD
Price Per SF
$570.89 CAD
Cap Rate
6%
NOI
$99,814 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.34 AC
Zoning
CU - Automotive
Parking
19 Spaces (6.52 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS






PROPERTY TAXES
Parcel Number | 38027500010180700 | Improvements Assessment | $438,200 CAD |
Land Assessment | $62,789 CAD | Total Assessment | $500,990 CAD |