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31817502

18601 Lyndon B Johnson Fwy, Mesquite, TX 75150

DW
TX 697886, TX TX 697886
Wenz Investment Group
Listed by Wenz Investment Group
$14,100,000
43 days on market
Updated 43 days ago

Town East Tower

Details
Property Type Office
Sub Type Traditional Office
Square Footage 90,000
Net Rentable (SqFt) 90,000
Cap Rate 9.01%
NOI $1,270,078
Occupancy 97%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Lease Options NO
Price per SqFt $157
Broker Co-Op Yes
Class B
Year Built 1976
Year Renovated 2012
Buildings 1
Stories 7
Investment Type Stabilized
Ground Lease No

Office | 9.01% CAP | 90,000 SqFt

Marketing description

Proven “Work-From-Home Resistant” Asset – has maintained 90%+ occupancy over the past 15 years, demonstrating durable tenant demand.

Hyper-Stabilized Tenancy – Diverse medical, professional, and service-oriented tenant base supported by small-bay suite sizes that drive consistent

occupancy and leasing velocity.

Durable, Consistent Cash Flow – Proven occupancy and a diversified tenant base deliver stable income with steady, predictable growth.

Below Replacement Cost Basis – Acquired at a significant discount to replacement cost, providing a strong entry point and downside protection.

No Tenant Concentration Risk – Highly diversified rent roll with no outsized tenant exposure, reducing income volatility.

Investment highlights

Strategic Infill Location – Immediate access to I-635, I-30, and US-80 provides excellent regional connectivity across the Dallas–Fort Worth Metroplex.

Established Retail & Commercial Corridor – Positioned near Town East Mall and surrounding national retailers, driving consistent traffic and tenant

demand.

Dense, Built-Out Trade Area – Strong surrounding population and daytime density support long-term occupancy for service and medical users.

Continued Economic Growth in Mesquite – Significant job creation, industrial expansion, and residential growth continue to drive demand for office

and service space.

Listing Contacts

DW
TX 697886, TX TX 697886
Wenz Investment Group
Listed by Wenz Investment Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,270,078.00
$105,839.83/mo

Valuation Metrics

0
DSCR
9.01%
Cap Rate
9.01%
ROI

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Additional Information

Name
Daniel Wenz
License
697886
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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