AT&T & Wingstop
AT&T & Wingstop | $1,811,000 | 7.5 Year Average Base Lease Term | Mesquite, TX (DFW)
Marketing description
AT&T & Wingstop is a 2,355 square foot retail asset located in the established submarket of Mesquite, Texas. Situated on +/-0.42 acres, the Property is moments south of Highway 80 directly on Galloway Avenue approximately 18 minutes from downtown Dallas. Recently developed in 2022, AT&T & Wingstop features partial masonry construction, a highly visible two sided pylon sign, a pick up window for Wingstop, parallel positioning to Galloway Avenue, shallow bay depth and an average suite size of 1,178 SF. The Property benefits from an average lease expiration of January 2031 with a 10% rental escalation for Wingstop beginning in year five (5) of their ten (10) year term. Notable national retailers in close proximity to AT&T & Wingstop include Kroger, Walmart Supercenter, Pet Supplies Plus, AutoZone, Family Dollar, Dollar Tree, Five Below, CVS, Walgreens and H&R Block amongst others.
Investment highlights
Two (2) Tenant Retail Asset Across From Kroger in Growing DFW Submarket of Mesquite, TX
Weighted Average Base Lease Term of 7.5 Years
Moments from Intersection of Interstate 635 & Highway 80 (258,600+ VPD); featuring over 3,100,000 SF of Restaurant, Retail & Entertainment GLA within 1-Mile Radius (CoStar)
Benefits from Partial Masonry Construction, Highly Visible Two-Sided Pylon Sign, Pick Up Window For Wingstop, Parallel Positioning to Galloway Avenue & Shallow Bay Depth
Located North of Solterra; Anticipated To Feature over 3,900 SFH, 300 Town Homes Across 1,530 Acres of Land & 30-Acre Lake, Multiple Swimming Pools, Beer Garden, Food Trucks & A Farmers’ Market
Quick Access to Interstate 635 (162,600+ VPD)
Five (5) Minutes from Skyline Trade Center & Skyline Business Park; 91-Acre Industrial Park Including Canadian Solar’s $250 Million Manufacturing Plant
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