1820 Hillcrest Street, Mesquite, Texas 75149

$1,150,000
List Price
$1,150,000
Price Change
▼ $100,000 1677817235
MLS#
20264488
Status
ACTIVE
Type
Commercial
Year Built
2001
Construction Status
Preowned
Acres
0.40
County
Dallas
City
Mesquite
Subdivision
Northridge Estates

Property Description

Great Opportunity to own a retail strip with long term tenants that have occupied the spaces for several years. Anchor tenant has a lease till 2027 and has been in business as a Laundry services for over 15 years, and has invested a significant amount in updating equipment and renovating their unit. Tax services tenant has occupied the space for over 10 years. Roof replaced in 2022 for a near sum of $48,000.00. Do Not Disturb tenants

Additional Information

Unexempt Taxes
$13,190
Average Monthly Lease
5800
Gross Annual Expenses
18652
Gross Annual Income
69600
Tenant Pays
All Utilities
Lot Size
17,511
Acres
0.40
Subdivided
No
Handicap Yn
Yes
Flooring
Combination, Concrete
Foundation
Slab
Roof
Tar/Gravel
Building Stories
1
Ceiling Height Type
8 to10 Feet
Street Utilities
City Sewer, City Water
Heating Cooling
Central, Other
Construction Material
Block, Brick
Parking Garage
Concrete
Possession
Closing/Funding
Building Sq. Ft.
3800
Number of units
3
Leasable Sq Ft
3800
Occupancy Rate
100
Building Use
Retail
Zoning
Commercial Retail
Multi Zoning
Yes
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Reahim Budri from Citiwide Properties Corp.. Contact: 972-805-4399