Value Add Retail - Free Standing Retail in Mesquite, TX
1313 Oates Drive
Mesquite, TX 75150
Highlights
- A well-located, free-standing, single-tenant building located near the major intersection of Hwy 635 and I-30.
- Daily traffic count of 21,093 at the intersection of Northwest Drive and West Oates Drive.
- A unique layout allows for the flexibility of loading/unloading, or inspection area via 3 drive-through bays
- Flexibility of selling to an owner-occupant, or leasing the building and selling to an investor.
- Overabundance of parking with a ratio of 8 spaces per 1,000 SF. (135 Surface Parking Spaces)
Description
SVN | Trinity Advisors is pleased to present the opportunity to purchase the property located at 1313 Oates Dr, in Mesquite, TX. The property is a free-standing, single tenant building constructed of brick veneer. The building features a loading/inspection area with 6 total roll-up doors, in a drive-through configuration, as well as ample office/showroom space, a lunchroom, stockroom, and more. The property is currently vacant, allowing the new owner the opportunity to add value through new leasing, or occupancy by an end-user. A new Planned Development (Ordinance 5042) has been enacted, improving zoning from 'GR - General Retail' to 'Planned Development - General Retail', which allows for a broader range of uses allowed by right. (See page 6 for more details)
The property is very well-located near Highway 635 and Interstate 30 - Both are major arteries for ingress/egress to Dallas. The property is just south of Garland, and just East of Dallas, located in the City of Mesquite. The property is just West of Lake Ray Hubbard. The property is located within a Retail corridor that is adjacent to ample single-family homes. Within a 1-mile radius there are various fast food retailers, single-family homes, a school, several sports complexes, including a softball complex, a disc golf course, and a cricket ground, and a large park called Gatewood Park.
