El Atoron Restaurant | 1821 Crestridge Dr
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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 | £40,626 | £12.90 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £40,626 | £12.90 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £40,626 |
Annual Per SF | £12.90 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £40,626 |
Annual Per SF | £12.90 |
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
£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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 38137500300200100 | Improvements Assessment | £55,112 |
Land Assessment | £23,620 | Total Assessment | £78,732 |
PROPERTY TAXES
Parcel Number
38137500300200100
Land Assessment
£23,620
Improvements Assessment
£55,112
Total Assessment
£78,732
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Presented by
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El Atoron Restaurant | 1821 Crestridge Dr
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