Retail Business for Sale in Mesquite, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mesquite, TX 75149

Description

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. Located just east of Dallas, Mesquite is a growing city with a population of over 146,000 residents. Known as the “Rodeo Capital of Texas,” the city embraces its deep-rooted connection to Western culture and traditions. The Mesquite Championship Rodeo, established in 1958, is one of the nation’s premier rodeo events, attracting thousands of visitors annually. Held at the iconic Mesquite Arena, the event features professional bull riding, barrel racing, and roping competitions, providing an authentic Texan experience that celebrates the city’s heritage. Beyond rodeo events, the Mesquite Arena hosts concerts, family-friendly entertainment, and sporting events throughout the year, contributing to the city’s cultural landscape. Mesquite leverages its unique cultural identity to drive tourism and economic growth, with local hotels, restaurants, and retail centers benefiting from the influx of visitors. The city has experienced significant economic expansion in recent years, making it an attractive destination for businesses and investors. In 2023, Mesquite secured 14 major economic development deals valued at over $1.11 billion, resulting in the creation of more than 2,800 new jobs. Notable companies expanding operations in the city include General Dynamics, Canadian Solar, and Hexagon Purus. Investment Highlights: • Denny's Recently Renewed Lease Early Showing Strong Commitment to this Location with approximately 10 Years Remaining on Triple Net Lease • US-80 Front

Market Context

This retail in Mesquite, TX is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Mesquite, TX — <a href="/search/sale/retail/texas/mesquite">view the full market</a>.

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