Razoo's 1414 Market Pl 10,062 SF Retail Building Irving, TX 75063 $4,000,275 ($397.56/SF) 7.32% Cap Rate

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INVESTMENT HIGHLIGHTS

Freestanding Restaurant With Corporate Absolute Net Lease With Over 5 Years Remaining
Access And Visibility From Interstate 635 With Over 116,617 VPD And Frontage Road Over 18,772 VPD
9,800 SF Building on 2 Acre Lot | With Below Market Rent Per SF of $29.8

Located Less Than 5 Miles From DFW International Airport, One of The Busiest in The World With 87 Million Annual Visits And a 7.4 percent Growth Rate
Anchored in Dense Retail Corridor, Including Walmart Supercenter Receiving 2.7 Million Visits Per Year Ranked Top 20 Percent Nationwide
Three-Mile Population of 81,834 And Five-Mile of 208,740 Surrounded by Over 14,000 Homes And 21 Multifamily Developments

EXECUTIVE SUMMARY

Paine Net Lease Team at Marcus & Millichap is pleased to offer for sale Razzoo’s located at 1414 Market Place Boulevard in Irving, Texas. Razzoo’s is a long-term tenant operating under a corporate-guaranteed, absolute NNN lease. This lease structure provides investors with fee simple ownership and eliminates landlord responsibilities. The tenant is responsible for all common area maintenance, property taxes, insurance, and the upkeep of the premises, which ensures a truly passive and reliable income stream. The freestanding building features a modern and well-maintained restaurant design, complete with ample parking and a welcoming outdoor patio. It is located on Market Place Boulevard, offering excellent visibility and direct access to Interstate 635, which experiences an average daily traffic count of 116,617 vehicles. This location benefits from high vehicular traffic and convenient connectivity to nearby neighborhoods and commercial centers.