Listed by Texas Legacy Realty
$5,047,000
Richardson Restaurant Park II
Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 7,746
Cap Rate 6%
NOI $302,807
Occupancy 100%
Lease Type NNN
Price per SqFt $652
Year Built 2015
Acreage 4.960
Investment Type Net Lease
Retail | 6.00% CAP | 7,746 SqFt
Marketing description
A restaurant-focused retail development within Richardson Restaurant Park, the property at 744 S. Central Expressway is part of a high-visibility dining destination along US-75. The project features a curated mix of food and beverage concepts with shared outdoor spaces, benefiting from strong surrounding residential and employment density. Anchored by popular concepts like Truck Yard and additional experiential dining and entertainment uses
Investment highlights
Price: $5,047,000
Cap Rate: 6.00%
Net Rental Area: 7,746 SF
NOI: $302,807
Year Built: 2015
Listing Contacts
Listed by Texas Legacy Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$302,807.00
$25,233.92/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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