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34181651
34181652

4350 BELT LINE RD, ADDISON, TX 75001

Eureka Business Group
Listed by Eureka Business Group
$4,530,000
3 days on market
Updated 3 days ago

4350 BELT LINE RD ADDISON TX 75001

Details
APN 10-00273-000-003-0000
Property Type Retail
Sub Type Restaurant
Square Footage 9,496
Net Rentable (SqFt) 9,496
Units 1
Cap Rate 6.50%
NOI $294,376
Occupancy 100%
Tenancy Single
Lease Type NNN
Year Built 1992
Year Renovated 2019
Stories 1
Acreage 2.080
Zoning Commercial Limited (CL), Town of Addison, with SUP for restaurant with alcohol sales
Parking Spaces 14.43 spaces
Parking per 1,000 SqFt 1.52
Ground Lease No
Sale Condition For sale by owner

Addison Net Lease Investment Opportunity - 4350 Belt Line Rd, Addison, TX

Marketing description

Eureka Business Group is pleased to present the opportunity to acquire 4350 Belt Line Road, a 9,496-square-foot freestanding restaurant situated on a 2.085-acre site in the heart of Addison’s Restaurant Row. The property is being offered through a single-tenant sale-leaseback structure.

The proposed lease is structured as an absolute NNN lease, with the tenant responsible for real estate taxes, insurance, utilities, maintenance, HVAC, roof, and structural repairs. This structure provides the owner with a passive income stream and no day-to-day property management responsibilities.

The lease includes a five-year initial term, two additional five-year renewal options, dual guaranty support from both the operating entity and the individual owner, and 2.5% annual rent escalations. Base rent increases from $31.00 per square foot in Year 1 to $34.22 per square foot by Year 5. The operator has occupied the property since 2018 and has invested more than $500,000 in the commercial kitchen, sushi bar, dining areas, and related improvements, creating a meaningful economic incentive to remain at the location.

The property is located along Belt Line Road, which carries approximately 35,000 vehicles per day, within one of North Dallas’s most concentrated restaurant and office corridors. The site offers convenient access to the Dallas North Tollway and is within a short drive of both Addison Airport and Dallas Fort Worth International Airport. The three-mile trade area includes approximately 138,600 residents and more than 142,000 daytime employees.

The 2.085-acre parcel is oversized relative to the existing building, and the rear portion of the site may support the future development of an approximately 5,000- to 7,000-square-foot pad, subject to parking requirements, site-plan approval, and all other applicable approvals from the Town of Addison. As part of the sale-leaseback structure, the excess land may be excluded from the leased premises, allowing a buyer to pursue future development while continuing to collect income from the existing building. Buyers should independently verify all development and pad-site feasibility.

Tenant financial statements, the executed lease, and additional property photography are available to qualified buyers upon execution of a confidentiality agreement.

Investment 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

Listing Contacts

Eureka Business Group
Listed by Eureka Business Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$294,376.00
$24,531.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Zoning

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CL CommercialSpecial CommercialCommercial Limited
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Last updated Jan 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Joseph Gozlan, The Retail Navigator®
License
TX ​0593483
Brokerage
Eureka Business Group
Brokerage Phone
9036000616
Title
Commercial Real Estate Advisor
Brokerage Address
1400 North Coit Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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