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29980510
29980511

6300 Samuell Blvd, Dallas, TX 75228

DH
NC NC 288268
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$1,308,000
94 days on market
Updated 94 days ago
Opportunity zone

Pollo Regio | Dallas, TX

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Net Rentable (SqFt) 2,806
Cap Rate 5.9%
NOI $77,172
Occupancy 100%
Tenancy Single
Brand/Tenant Pollo Regio
Lease Type NNN
Lease Term 10
Lease Expiration 06/30/2035
Remaining Term 9.3
Rent Bumps Yes
Price per SqFt $654,000
Broker Co-Op Yes
Year Built 1985
Year Renovated 2021
Buildings 1
Acreage 0.550
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/2025
Ground Lease No
Ownership Fee Simple

5.90% CAP | CORPORATE 10-YEAR LEASE

Investment highlights

ATTRACTIVE LEASE FUNDAMENTALS

  • NN Lease provides minimal LL responsibility

  • 10 year term with 2% annual rental increases provides a strong inflation hedge

CORPORATE GUARANTY FOR RAPIDLY EXPANDING BRAND

  • Pollo Regio has just under 50 locations across the state of Texas

  • Founded in 1995 in Monterrey, Mexico the chain has rapidly expanded with multiple new sites planned for the new year

RECENT EXTENSION WITH NEW IMPROVEMENTS

  • The tenant has been operating here for over 15 years and recently renewed for 10 years, showing long term commitment to the site

  • Tenant is spending money to improve the facility

DALLAS, TX MSA

  • Dallas-Fort Worth, MSA added more than 177K people from July 1, 2023 to July 1, 2024 according to the US Census Bureau

  • This moved the MSA to the 3rd highest population out of any MSA in the country - only behind NYC and Houston

POSITIONED IN DENSE RETAIL NODE

  • Within a 1-mile radius of the site is more than 1.3M SF of retail space

  • Nearby national retailers include: Walmart Supercenter, Sam’s Club, Ross Dress for Less, Various car dealerships, and more

NEARBY BUSINESS PARKS

  • Just 1.5 Miles east of the site is the Buckner Park Industrial District, High point Industrial Park, Mesquite Business Center, Samuell Blvd Business Park, Green Acres Industrial, Skyline Business Park, Skyline Trade Center, and more

  • In all of these parks combined there is just under 10 million SF of Office and Industrial space

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$77,172.00
$6,431.00/mo

Valuation Metrics

0
DSCR
5.9%
Cap Rate
5.9%
ROI

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