114 US Highway 80 E - Restaurant FOR SALE


Mesquite, TX 75149- Greater Mesquite
$2,900,000 USD
972-755-5279
114 US Highway 80 E, Mesquite, TX for Sale
$2,900,000 USD
Restaurant - FOR SALE
1/2
null | 5.28% Cap Rate

114 US Highway 80 E
Mesquite, TX 75149
Greater Mesquite


HIGHLIGHTS

  • Denny’s Location Secured by a Long-Term NNN Lease in Growing Area with Three-Mile Population of Over 80,000 Residents
  • Less than 12 Miles from Downtown Dallas
  • US-80 Frontage Road with over 16,589 VPD and Belt Line Rd with over 25,000 VPD
  • Five Additional Five-Year Renewal Options with 10 Percent Rent Increases
  • Walmart Supercenter Receives 3.3 Million Visits Annually Ranked Top 4 Percent Per Placer.ai | McDonald's Receives 891K Visits Annually Ranked Top 4
  • Arby's Ranked Top 3 Percent in Texas Per Placer.ai | Tractor Supply Ranked #2 of 25 within a 50-Mile Radius Per Placer.ai

OVERVIEW

Paine Net Lease Team at Marcus & Millichap is pleased to offer for sale the Denny’s located at 114 US-80 in Mesquite, Texas. The property is secured by a long-term NNN lease, eliminating landlord responsibilities. With approximately five years remaining on the current lease term, the tenant has five additional five-year renewal options, each featuring a 10 percent rent increase, ensuring consistent income growth. The property generates an NOI of $12,755.42 per month, offering investors a stable and attractive cash flow opportunity.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denny's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

Z122

APN/PARCEL ID

38003480020050000

ASK ABOUT THIS PROPERTY

John PainePaine Net Lease Team at Marcus & MillichapMore Info
972-755-5279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John PainePaine Net Lease Team at Marcus & MillichapMore Info
972-755-5279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.