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
Invest With Us
Mesquite Trade Center is offered as a direct sale of the asset itself, not as a passive interest in a REDPartners vehicle. Tell us how you invest and a principal will follow up with the diligence file.
Information is provided for general reference and is believed accurate but is not guaranteed. Dimensions, specifications, availability, pricing, and delivery dates are subject to change, prior transaction, or withdrawal without notice, and should be independently verified. Nothing here is an offer, and no terms bind REDPartners until a definitive written agreement is signed by both parties. REDPartners offers its own property as a principal and is not a licensed real estate broker.