Mesquite Trade Center
A fully leased 210,000 SF distribution building on a long-dated lease to a single credit tenant.
- Transaction
- For Sale
- Size
- 210,000 SF
- Price
- $28,400,000
- Availability
- Under contract
- Status
- Under Contract
We developed Mesquite Trade Center on a build-to-suit basis and are selling it stabilised, with the original tenant in place on a twelve-year lease and eight years of term remaining.
The building is under contract. It is kept on this page because a developer's closed transactions are the evidence for the ones it is asking to be trusted with next.
At a glance
1900 Peachtree Road
Mesquite, TX 75149
- Single-tenant, 100% leased
- 8 years of remaining lease term with fixed 3% annual escalations
- 32' clear height, 36 dock doors
- Delivered on schedule in 2023
Specifications
- Clear height
- 32 feet.
- Loading
- 36 dock-high doors and 2 drive-in ramps.
- Lease structure
- Absolute NNN, twelve-year initial term, 3% fixed annual escalations, two five-year renewal options.
- Construction
- Concrete tilt-wall, delivered 2023 to REDPartners' own specification as a build-to-suit.
Asset class
How we underwrite and build industrial & logistics.
Individuals, family offices & institutions
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