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1320 N Peachtree Rd
Mesquite, TX 75149
Cheddar's Scratch Kitchen · Retail Property For Sale
Property Facts
About 1320 N PEACHTREE RD , MESQUITE, TX 75149
Marcus & Millichap is pleased to present the exclusive listing for the Cheddar' s Scratch Kitchen located at 1320 N Peachtree Road in Mesquite, Texas. The property is 8,112 rentable square feet and is situated on a 2.30 acre lot.Cheddar' s Scratch Kitchen is subject to a corporately guaranteed 20-year triple-net (NNN), sale-leaseback. The lease will commence upon close of escrow and the base annual rent will be $315,000. The lease calls for 8.00%rental increases every five years during the base term and continuing through the four, five-year tenant renewal options. Cheddar' s Scratch Kitchen is located at 1320 North Peachtree Road in Mesquite, Texas. Mesquite is a city and an eastern suburb of Dallas and is considered the 17th most populous city in the state of Texas. Mesquite is located 11 miles from the heart of downtown Dallas.The subject property is well-positioned in the central commercial district of town, surrounded by multiple national and local tenants. Retailers in the surrounding area include: Walmart, Home Depot, Hobby Lobby, Kohl' s, Pier 1 Imports, PetSmart, Bed Bath & Beyond, Best Buy, At Home, McDonald' s, Subway, AMC Theaters, Golden Corral, Waffle House, as well as many others. Tsinger Elementary, Wilkinson Middle, North Mesquite High, and West Mesquite High Schools are all located within two and a half miles from the subject property.
Property Taxes
| Parcel Number | 381431000A04R0000 | Improvements Assessment | $1,706,740 |
| Land Assessment | $801,860 | Total Assessment | $2,508,600 |
Property Taxes
