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El Atoron Restaurant 1821 Crestridge Dr

3,150 SF Retail Building Mesquite, TX 75149 £866,052 (£275/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 £40,712 £12.92
Other Income - -
Vacancy Loss - -
Effective Gross Income £40,712 £12.92
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £40,712
Annual Per SF £12.92
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £40,712
Annual Per SF £12.92
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,150 SF
Building Class
B
Year Built/Renovated
1955/2023
Price
£866,052
Price Per SF
£275
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

La Michoacana Meat Market
Starbucks
Denny's
Waffle House Inc
La Madeleine
Bank of America
Prosperity Bank
YouFit Gyms
Joe's Crab Shack
Soulman's Bar-B-Que

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38137500300200100
Land Assessment
£23,670
Improvements Assessment
£55,230
Total Assessment
£78,900
  • Listing ID: 25771206

  • Date on Market: 23/05/2022

  • Last Updated:

  • Address: 1821 Crestridge Dr, Mesquite, TX 75149

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