Retail    

LongHorn Steakhouse (Ground Lease)

 Mesquite, TX

Price:

$4,855,000

Cap Rate:

5.15%

For more details on this exclusive listing

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Total Building GLA

5,780 SF

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Year Built

2025

FM 551 Expansion Project

High Visibility

193K+ VPD

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Outparcel to Busy

Shopping Center

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High Growth, Income

Tax-Free State

INVESTMENT HIGHLIGHTS

  • New Absolute NNN Ground Lease with Increases
  • Corporate Guaranty
  • Expanding Concept with Limited Competition
  • Dominant Retail Trade Area Near Town East Mall
  • Outparcel to the Marketplace at Towne Centre
  • Great Visibility from LBJ Freeway/Interstate 635
  • Densely Populated DFW Suburb
  • High Growth, Income Tax-Free State

Exclusively Listed By

Matt Spangenberg

Associate Vice President
  mspangenberg@northmarq.com      +1 312.777.2442

Daniel Herrold

Senior Vice President
  dherrold@northmarq.com      +1 918.814.1966

Mitch Bensch

Investment Sales Analyst
  mbensch@northmarq.com      +1 918.921.5252

In Association With
Jim Gibson

TX #392926

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


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