1240 E Belt Line Rd | Richardson, TX 75081
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1240 E Belt Line Rd
Richardson, TX 75081
Coco Shrimp · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Coco Shrimp; Newly Renovated Absolute NNN Single-Tenant Drive-Thru Asset Located in the Dense DFW submarket of Richardson, TX
- Coco Shrimp is an Established TX Hawaiian Seafood Concept with Eight (8) Locations in TX & Continuing to Expand
- Combined Traffic Volumes Exceeding 69,800 VPD at the Intersection of Belt Line Road & Plano Road
- Newly Renovated in 2024 with Primary Lease Term Through April 2036; 10% Escalations Every 5 Years Including Each of the Three, 5-Year Renewal Options
- Average Household Income Exceeds $137,400 & $98,900 in a 1 & 3 Mile Radii, Respectively
- Dense Regional Retail Corridor with Over 1 Million SF of Retail GLA in a ½ Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,019 SF
Building Class
B
Year Built/Renovated
1978/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
LR, Richardson - Local Retail District
Parking
25 Spaces (8.28 Spaces per 1,000 SF Leased)
Frontage
185’ on E Belt Line
PROPERTY TAXES
| Parcel Number | 42003700000030000 | Improvements Assessment | $132,110 |
| Land Assessment | $255,140 | Total Assessment | $387,250 |
PROPERTY TAXES
Parcel Number
42003700000030000
Land Assessment
$255,140
Improvements Assessment
$132,110
Total Assessment
$387,250
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