Restaurant For Sale • 9,496 SF
| 6.50% cap on $294,376 Year 1 NOI, proposed absolute NNN with no landlord obligations |
| 2.5% annual compounding escalations plus dual personal and the business guaranty |
| 9,496 SF freestanding restaurant on 2.085 AC, 137 parking spaces, full-building single tenant |
| Addison Restaurant Row location at ~35,000 VPD with Dallas North Tollway access |
| Operator established at the site since 2018 with $500,000+ in tenant buildout |
| Excess land may support a future rear pad, subject to City of Addison approval |
| Cap Rate: | 6.50 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Trinity Mills Station (Green Line - Dallas Area Rapid Transit (DART)) | 14 min | - | 6.7 mi |
| 19 min | - | 9.7 mi | |
| Airport | Drive | Walk | Distance |
| Dallas Love Field | 19 min | - | 11.7 mi |
| Dallas-Fort Worth International | 27 min | - | 19.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 137 |
| Type: | Surface |
| Included in Rent: | Yes |