2698 Galloway AveMesquite, TX 75150

For Sale
$4,000,000

High-yield medical office building in Mesquite, TX.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 17,178 square foot medical office building, situated on a 1.36-acre lot at 2698 N Galloway Avenue in Mesquite, Texas, presents a compelling investment opportunity. Currently boasting an 8% capitalization rate, the property features three master leases providing immediate income. Three additional vacant units offer significant potential for increased revenue through lease-up. The building's established tenant base comprises various medical disciplines, ensuring a stable and diverse income stream. The property's prime location in Mesquite provides excellent visibility and accessibility for patients and staff. The building's attractive design and well-maintained condition further enhance its appeal to both tenants and investors. This is an ideal acquisition for investors seeking a strong return on investment with the potential for future appreciation. The property's current occupancy and lease structure offer immediate cash flow, while the vacant units provide a clear path to enhance profitability. The 1.36-acre lot offers ample parking and potential for future expansion. This is a rare opportunity to acquire a high-performing medical office building in a thriving Texas market. Financial details are available upon request. Serious inquiries only.

Property Details for 2698 Galloway Ave

Property type
Office properties, Other office properties
Square Feet
17,178 SF
Year Built
2003
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Mesquite
County
Dallas
State
Texas
Latitude
32.80124
Longitude
-96.61001
2698 Galloway Ave, Mesquite, Texas

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2698 Galloway Ave
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