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4725 Gus Thomasson Rd
Mesquite, TX 75150
Mesquite Medical Arts · Property For Lease

PROPERTY OVERVIEW

Sterling Square - A Prime Opportunity in Mesquite Located in the highly sought-after Gus Thomasson Corridor, Sterling Square is a prominent and well-known property in Mesquite, now available for immediate occupancy. This freestanding building sits on a 1.39-acre lot, offering 13,500 sq ft of flexible office space, making it an ideal opportunity for medical professionals looking to establish their own practice. Property Highlights: Ample parking with over 100 spaces 10 individual suites and 84 partitioned office spaces Previously leased by doctors and dentists, currently vacant and move-in ready Roof fully replaced in November 2024 Fully functional HVAC system Energy-efficient natural lighting through specialized skylights Versatile Usage Potential: Medical office, hospital, or surgery center Insurance company headquarters, law firm, CPA office Daycare, community center, or art gallery Retail store, street mall, call center Income Potential: Each suite can be leased for $2,500, generating a total rental income of $25,000 per month. This translates to a fantastic cap rate, with the property paying for itself in approximately 7 years. City Incentives: As part of Mesquite's revitalization efforts along the Gus Thomasson Corridor, the city offers grant incentives for property improvements. This adds significant value to an already highly desirable location. Don’t miss out on this exceptional investment opportunity! Contact us today for leasing or purchase inquiries.

PROPERTY FACTS

Building Type
Office
Year Built
1967
Building Height
1 Story
Building Size
13,215 SF
Building Class
B
Typical Floor Size
13,215 SF
Parking
88 Surface Parking Spaces
Covered Parking
  • Listing ID: 33575237

  • Date on Market: 10/19/2024

  • Last Updated:

  • Address: 4725 Gus Thomasson Rd, Mesquite, TX 75150

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