INVESTMENT OPPORTUNITY 1460 EASTGLEN BLVD MESQUITE, TEXAS SEQ of Eastglen Blvd and Pioneer Rd Mesquite, Texas 75149
1460 EASTGLEN BLVD Weitzman is pleased to present this exclusive listing on a single tenant adult special needs facility in Mesquite, Texas. This is the only facility in the area that provides this medical service to the surrounding area. The operator has been working in this industry for 30 years and has been operating in this location for two years. They targeted this specific building for the unique setup that they needed for their medical facility, since there are limited other facilities already made for this type of business. The services provided are covered by both insurance and Medicare. 2
EXECUTIVE SUMMARY OPPORTUNITY The property is located in the well-established Mesquite market just off of Highway 352 on East Glen Blvd. The property is on 2.15 acres with almost 390 feet of frontage along East Glen giving the property potential for a retail center development in the future. The property is located just south from Baylor Scott and White Medical Center of Sunnyvale, a comprehensive medical center with 70 beds and a range of outpatient services. New business activity in the area is boosting population around the site with Ashley Furniture s new 900,000 sf development and Elements International relocating to Mesquite. The site is already surrounded by over 13,000 residents averaging $75,000 per year in a one-mile radius. PROPERTY DETAILS PRICING Address: 1460 Eastglen Blvd, Mesquite, Texas 75149 Location: Property Type: GLA: Land Area: Pricing: Cap Rate: SEQ of Eastglen Blvd & Pioneer Rd Medical 10,000 SF 91,040 SF 2.09 Acres $1,100,000.00 ($110.00 PSF) 8.00% 3
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DISCLAIMER CONTACTS This real estate presentation has been prepared for information purposes only, and does not purport to contain all the information necessary to reach a purchase decision for the property described herein (the Property ). The information contained herein ( the Information ) has been carefully compiled, but not independently verified by the Seller or Weitzman, and there is no representation, warranty or guarantee whatsoever as to its completeness or accuracy. Any potential Purchaser shall rely entirely on its own information, judgment and inspection of the Property and its records, and neither the Seller nor Weitzman assume any liability whatsoever for errors or omissions in the Information or any other data provided in connection with the Property. Each potential Purchaser and any party related thereto agrees that neither Seller not Weitzman shall have any liability for any reason, whether for negligence or gross negligence, from the use of the Information by any person in connection with the purchase of or any other investment in the Property by a Purchaser or any other party related thereto. Neither the Seller nor Weitzman has any liability whatsoever for any oral or written representations, warranties or agreements relating to the Property except as expressly setforth by any such party in any contract of sale executed in connection with the Property. This presentation is subject to changes by the Seller as to price or terms, to prior sale, to withdrawal of the Property from the market, and other events beyond the control of the Seller and Weitzman. CONTACTS: EVAN ALTEMUS Assistant Vice President ealtemus@weitzmangroup.com T 214.720.6635 M 832.819.8859 ALLISTER BANKS Associate abanks@weitzmangroup.com T 214.720.6668 M 210.823.0165 Weitzman is the trade name of Weitzman Management Corporation, a regional realty corporation.