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28199036
28199038

801 S Denton Tap Rd, Coppell, TX 75019

ER
TX 0617278
eXp Realty Austin
RV
TX 0831316
Listed by eXp Realty Austin
$1,995,000
212 days on market
Updated 1 day ago

801 S Denton Tap Rd | Dickey’s Barbecue Pit

Details
APN 18002250010010000
Property Type Retail
Sub Type Bar, QSR/Fast Food (+1)
Square Footage 4,191
Net Rentable (SqFt) 4,191
Cap Rate 7.22%
NOI $144,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dickeys Barbcue
Lease Type NNN
Lease Term 10
Lease Expiration 11/30/2035
Remaining Term 9.5
Rent Bumps Yes
Lease Options Two, 5 year extensions
Pro-Forma Cap Rate 7.22%
Pro-Forma NOI $144,000
Price per SqFt $476
Broker Co-Op Yes
Class A
Year Built 1999
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.910
Zoning General Commercial
Parking Spaces spaces
Investment Type Stabilized
Tenant Credit Franchisee, No Credit Rating
Lease Commencement 12/01/2025
Occupancy Date 11/07/2025
Ownership Private LLC
Sale Condition Sale for leaseback

10-Year NNN (Limited LL Roof Only) | Commences Dec 2025 | $144,000 NOI | 7.22% Cap | 34,000 VPD

Marketing description

801 S Denton Tap Rd is a freestanding single-tenant retail investment in Coppell, TX, within the Dallas–Fort Worth Metroplex. The ±4,191 SF second-generation restaurant sits on approximately ±0.91 acres along Denton Tap Road with exposure to ~34,000 vehicles per day. The property is secured by a newly executed 10-year NNN lease commencing December 2025 with landlord responsibility limited to the roof only, providing contractual cash flow through November 2035. The lease includes two 5-year renewal options with 10% increases at each option period. The asset is positioned in a supply-constrained, infill Coppell trade area supported by strong household incomes, established retail tenancy, and limited new commercial land availability.

Investment highlights

10-Year NNN Lease Commencing Dec 2025
Landlord Responsibility Limited to Roof Only
$144,000 NOI | 7.22% Cap Rate
Two 5-Year Options with 10% Increases
Freestanding ±4,191 SF on ±0.91 AC
34,000 VPD Exposure on Denton Tap Road
Core DFW Infill with Re-Tenant Durability

Listing Contacts

ER
TX 0617278
eXp Realty Austin
RV
TX 0831316
Listed by eXp Realty Austin

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
7.22%
Cap Rate
7.22%
ROI

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Additional Information

Name
Eric Rhoades
License
0617278
Brokerage
EXP Realty LLC
Brokerage Phone
903-814-8281
Title
Real Estate Salesperson
Brokerage Address
5605 North McArthur Blvd
Name
Rylie Vaughn
License
0831316
Brokerage
EXP Realty LLC
Brokerage Phone
4697334455
Title
Business Broker / Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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