1215 80 Frontage RdMesquite, TX 75150

For Sale
$3,506,087

Dallas MSA, 17-Year Net Lease, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 14,597 square foot, single-tenant retail property leased to Service King, a prominent collision repair operator. Located at 1215 U.S. 80 Frontage Rd, Mesquite, TX 75150, this 1-story building sits on a 1.6-acre lot in the Dallas MSA, boasting high visibility and accessibility to Highway 80, a major thoroughfare with over 70,000 vehicles daily. The property features a 17-year corporate net lease (NN), providing significant long-term stability and income. The lease includes two, 5-year renewal options, further securing the investment. The asking price is $3,506,087, representing a price per square foot of $263 and a 5.75% cap rate. The current Net Operating Income (NOI) is $201,600, reflecting a 100% occupancy rate. This is a rare opportunity to acquire a well-established, high-performing asset in a prime location within a thriving market. The tenant, Service King, recently merged with Crash Champions, creating a substantial operation with over 550 shops and annual revenue exceeding $2 billion, demonstrating significant financial strength and commitment to this location. The recent 15-year lease extension underscores the tenant's long-term commitment to this established facility.

Highlights

  • 17-year corporate net lease to Service King, a major collision repair operator.
  • Recent 15-year lease extension demonstrates tenant commitment.
  • Service King's merger with Crash Champions creates a $2B+ annual revenue company with 550+ locations.
  • High-visibility Dallas Metroplex location with excellent Highway 80 access (70,000+ VPD).
  • 14,597 SF building on a 1.6-acre lot in Mesquite, TX.

Property Details for 1215 80 Frontage Rd

Property type
Other retail properties, Automotive properties
Stories
1
Lot Size (sq. ft)
69,696 SF

Location Insight

City
Mesquite
County
Dallas
State
Texas
Latitude
32.792941056133
Longitude
-96.613978764872
1215 80 Frontage Rd, Mesquite, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1215 80 Frontage Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message