- For Sale $4,530,000
- Property Type Retail - Restaurant
- Property Size 9,496 SF
- Lot Size 2.09 Acre
- Cap Rate % 6.5
- NOI / YR $294,376.00
- Parking Spaces Avail. 137
- Parking Ratio 14.43 / 1,000 SF
- Year Built 1992
- Year Renovated 2018
- Date Updated Sep 9, 2026
- Visibility/Traffic Count (VPD) 35,000
Description
Highlights
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
False
Contacts
Eureka Business Group
Location
Eureka Business Group