El Atoron Restaurant | 1821 Crestridge Dr
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El Atoron Restaurant 1821 Crestridge Dr
3,150 SF Retail Building Mesquite, TX 75149 £863,016 (£274/SF)
Investment Highlights
- Colse to city hall, library, hospital, post office and apartment and housing
- Easy access, plenty parking
- Cross street from schools and retail shopping center.
Executive Summary
Fully service restaurant and bakery. Just remodeled it again. 3150 S.F. in condensed residential, apartments, and retail areas. 18-year long term lease. Current rent $4600 a month, 3-1-27 $4900, 3-1-30 $5300, 3-1-33 $5600, 3-1-36 $5900. The tenant pays annual taxes and take care common area maintenance. It has walk-in cooler, bake stove, cooking lines, 3 compartment sink, hand sink, mop sink, washer, dryer connection etc. 1000 gallon grease trap. Everything meets the city requirement. Solid building with great appeal. Excellent investment opportunity. Please call 972-891-2088 if you need more information or showing. Drive by to see it first, Panaderia MI Morelia at 1821 Crestridge Dr. Mesquite TX 75149.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£40,483
|
£12.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£40,483
|
£12.85
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £40,483 |
| Annual Per SF | £12.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £40,483 |
| Annual Per SF | £12.85 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,150 SF
Building Class
B
Year Built/Renovated
1955/2023
Price
£863,016
Price Per SF
£274
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Land Acres
0.34 AC
Zoning
restaurant - restaurant
Frontage
1 ft on 1821 Crestridge Dr.
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 38137500300200100 | Improvements Assessment | £54,919 |
| Land Assessment | £23,537 | Total Assessment | £78,456 |
PROPERTY TAXES
Parcel Number
38137500300200100
Land Assessment
£23,537
Improvements Assessment
£54,919
Total Assessment
£78,456
-
Doris Lam -
Serena Kong
- Amax Investment Company
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El Atoron Restaurant | 1821 Crestridge Dr
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