Log In/Sign Up
Your email has been sent.
2698 N Galloway Ave 17,900 SF 66% Leased Office Building Mesquite, TX 75150 For Sale
Investment Highlights
- Priced Below Replacement Cost
- High Historical Occupancy
- Staggard Lease Expiration
Executive Summary
Marcus & Millichap Real Estate Investment Services is pleased to offer for sale a fee simple ownership interest in 2698 N Galloway Avenue. The property is currently 87
percent occupied by medical tenants and producing a substantial net operating income, along with a vacant space to increase revenue for the savvy investor. The
offering includes 2,200 square feet are available for a buyer wishing to occupy the space and receive rental income from surrounding tenants.
The subject property was built in 2003 for medical office use. The office building contains a total of 17,901 square feet of rentable space. The property is priced well below replacement cost and situated minutes 635 Highway. The property is surrounded by mature neighborhoods and is within a short drive to Town East Mall and Towne Centre Village. This unique investment opportunity will be attractive to both the investor buyer and owner/user buyer. The seller would also a consider a lease option for the remaining 2,200 square feet.
percent occupied by medical tenants and producing a substantial net operating income, along with a vacant space to increase revenue for the savvy investor. The
offering includes 2,200 square feet are available for a buyer wishing to occupy the space and receive rental income from surrounding tenants.
The subject property was built in 2003 for medical office use. The office building contains a total of 17,901 square feet of rentable space. The property is priced well below replacement cost and situated minutes 635 Highway. The property is surrounded by mature neighborhoods and is within a short drive to Town East Mall and Towne Centre Village. This unique investment opportunity will be attractive to both the investor buyer and owner/user buyer. The seller would also a consider a lease option for the remaining 2,200 square feet.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,900 SF
Building Class
B
Year Built
2003
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,178 SF
Building FAR
0.30
Lot Size
1.36 AC
Zoning
Z31/F1 - Real Commercial
Parking
65 Spaces (3.63 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 102
- 1,646 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 104
- 2,249 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 106
- 2,248 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 102 | 1,646 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 104 | 2,249 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 106 | 2,248 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 102
| Size |
| 1,646 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 2,249 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 106
| Size |
| 2,248 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Moderately walkable
70/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 38092550013R20000 | Improvements Assessment | $2,704,010 |
| Land Assessment | $295,990 | Total Assessment | $3,000,000 |
Property Taxes
Parcel Number
38092550013R20000
Land Assessment
$295,990
Improvements Assessment
$2,704,010
Total Assessment
$3,000,000
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2698 N Galloway Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.