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26310425
26310426

3321 W Walnut St, Garland, TX 75042

RG
TX 585606
EDGE Realty Partners Dallas / Fort Worth
Listed by EDGE Realty Partners Dallas / Fort Worth
$1,343,478
298 days on market
Updated 25 days ago

Chilangos Tacos - Garland, Texas

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,672
Cap Rate 5.75%
NOI $77,250
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 12/14/2034
Remaining Term 8.5
Rent Bumps Yes
Lease Options One, Five Year
Broker Co-Op Yes
Class A
Year Built 1973
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.520
Zoning Community Retail District
Investment Type Net Lease
Lease Commencement 12/15/2024
Ground Lease No
Sale Condition For sale by owner

Retail | 5.75% CAP | 1,672 SqFt

Marketing description

**Chilangos Tacos** located at **3321 W Walnut Street, Garland, Texas 75042** presents a lucrative investment opportunity. With an annual sales volume exceeding $3M, this taco hotspot is rapidly gaining popularity in the Dallas/Ft. Worth area. The property boasts a 10-year NNN lease with full personal guaranty from the owner, offering stable returns and growth potential. Situated in the vibrant heart of Garland, Texas, this prime location witnesses over 50k vehicles daily and a daytime population of 150k within a 3-mile radius. The area's density and diversity create an ideal environment for the success of **Chilangos Tacos**. Dallas/Fort Worth, the 4th largest metropolitan area in the US, continues to attract new residents at an impressive rate.

Investment highlights

  • 2025 complete property renovation (roof, kitchen, building façade, parking lot, lighting).

  • Personal Guaranty for the Term.

  • Bonus Depreciation eligible.

  • No CAM cap.

  • Tenant report sales.

  • Currently 6 DFW locations.

Listing Contacts

RG
TX 585606
EDGE Realty Partners Dallas / Fort Worth
Listed by EDGE Realty Partners Dallas / Fort Worth

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,250.00
$6,437.50/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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