Property History
DuWest Realty Investment Services has been exclusively retained to present the opportunity to acquire Landmark Bar & Kitchen - SMU Blvd ("The Property"), a 3,720 SF single tenant net lease retail property located steps away from Southern Methodist University and directly downstairs from The Shelby, a 55 unit, user owned apartment building. The Shelby derives its name from Carol Shelby (Ford v Ferrari), the racecar driver who operated a garage at this location for much of his life.
The Property has recently leased the space to One Entertainment Group (the restaurant group behind Texas Republic, The Yard, Playground , Theory Nightclub, Cutie Pies Pizza) featuring food and entertainment concepts Landmark Bar & Kitchen and Hot Chicks Chicken. This is One Entertainment Group's second Landmark Location, the first being the wildly successful location in Fort Worth Texas. Landmark will spotlight a 136-foot Megatron LED screen — one of the largest LED screens in Dallas to watch sports events — featuring state-of-the-art picture and sound for an immersive sports experience, alongside a large full-size bar in the center of the venue and an additional +/- 2,000 SF of patio space*. Landmark is a laid back concept with an enclosed patio boasting arcade and backyard games, delicious menu offerings and is the perfect addition to SMU Blvd's legendary bar line up of Barley House and Milo Butterfingers. Hot Chicks Chicken, which recently opened locations in Plano & Willow Park with plans to open two more in DFW, is a fast-casual restaurant from One Entertainment offering scratch-made, Halal, dairy-free, peanut-free hot chicken, with varying heat levels. In addition to dine-in service, Hot Chicks offers curbside pickup and delivery through DoorDash, Grubhub, and Uber EATS.
The acquisition of Landmark - SMU Blvd offers investors a perfect 1031 trade opportunity with unmatched proximity to over 12,000 students, 35,000 in daytime population and an average household income of over $140,000 within 1 mile.
*Patio square footage is in addition to the 3,720 SF property size, making the total square footage +/- 5,720 SF. However, the rent is based on only 3,720 SF.
Located 0.5 miles east of Southern Methodist University, home to over 12,000 undergrad and graduate students
The Property is situated in the heart of Dallas and the Park Cities where average household incomes are approximately $175,039 within 3 miles
Attached to The Shelby Residences (55 units) and directly across the street from Mockingbird Flats (418 units) as well as within walking distance from the new luxury residential tower, Eastline (330 units)
Centralized location provides immediate proximity to SMU, easy access to Highway 75 taking you to major office hubs with immense daytime population (226,745) and a dense residential base (89,492 households), highly educated workforce (70% with a bachelors or graduate degree) all within 3 miles
Landmark Bar & Kitchen and Hot Chicks Chicken (commencement date 10/1/21) are operating under one lease with One Entertainment Group. This restaurant group is known for its successful concepts such as it's Fort Worth Landmark Bar & Kitchen location, Texas Republic Fort Worth, The Yard, Playground , Theory Nightclub, and Cutie Pies Pizza
Incremental rental increases are embedded and realized throughout the hold period
Not included in the property square footage is an additional +/-2,000 square feet of patio space
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview

Does any data look off? Help us improve Crexi by offering your feedback!




























