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Listing Details

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Offered by Frank Roberts of Re/Max Landmark.

Description

Excellent income producing property, this 8,325 S Medical building is attractive, has plenty of parking with single tenant, medical service, Physical Therapy facility. Facility includes therapy swimming pool, offices, weight and exercise room. Owner Occupant prefers to stay as tenant if possible. Price based on 7% cap rate, costs and income disclosed in Cap rate analysis attached to listing.

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Potts Realty Group | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Potts Realty Group | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-17T10:40:51.097.
www.pottsrealtygrouphomes.com/homes/115576482
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2696 N Galloway Avenue Mesquite, TX 75150

  • Price: $1,681,000
  • Status: Active
  • Updated: 32 min ago
  • MLS #: 14541602
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Beds
0
Baths
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½ Baths
0.64
Acres
1995
Built
Neighborhood:
Galloway Medical Arts
County:
Dallas
Area:
Mesquite
Property Description
Excellent income producing property, this 8,325 S Medical building is attractive, has plenty of parking with single tenant, medical service, Physical Therapy facility. Facility includes therapy swimming pool, offices, weight and exercise room. Owner Occupant prefers to stay as tenant if possible. Price based on 7% cap rate, costs and income disclosed in Cap rate analysis attached to listing.
Exterior Features

Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage Garage-AttachedCommon LotFront Road Frontage Type Asphalt Roof Metal

Interior Features

Ceiling Height 11 To 14 Feet Commercial Features Security SystemSingle User Flooring CarpetCeramic TileLaminate Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 8325 Sq Ft Gross 27878 Sq Ft Leasable 8352

Property Features

Alarm Or Security Type BurglarFire/Smoke Average Monthly Lease 1562 Building Area Source Tax Building Use Medical Commercial Zoning Comm Construction Status Preowned Gross Annual Expenses 32609 Gross Annual Income 150000 Inclusions Building Only Leasable Spaces 8 Leased Spaces 7 Lot Size Source Tax Max Lease Rate 1.50 Min Lease Rate 1.42 Multi Zoning No Municipal Utility District No Net Annual Income 117391 Owner Pays Common AreaInsuranceTaxes Possession Negotiable Property Type Com-Sale Special Notes Aerial Photo Tenant Pays ElectricSewerWater Total Annual Expenses Include Common AreaInsuranceLawn CareTaxesWater/Sewer/Trash Unexempt Taxes 25210 Utilities AsphaltCity SewerCity Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Potts Realty Group | Fathom Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Potts Realty Group | Fathom Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-09-17T10:40:51.097.
 
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Potts Realty Group | Fathom Realty
602 North Nolan River Road
Cleburne TX, 76033
Offered by Frank Roberts of Re/Max Landmark.