17548 Dallas Pky
Dallas, TX 75287
Carrabba's Italian Grill: Dallas, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned 15 miles north of downtown Dallas, Carrabba’s has immediate access to Dallas North Tollway (144,229 VPD) southbound.
- Absolute NNN lease with ±9.0 years of primary term remaining, four 5-year renewal options, and a corporate guaranty from Bloomin’ Brands, Inc.
- This location boasts a long operating history with strong rent-to-sales ratio. Since 2019, sales have increased 32%.
- Each year, rent increases by the lesser of (i) 1.75% or (ii) 1.7x the CPI increase.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,747 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.41 AC
Zoning
MU1
Parking
118 Spaces (16.01 Spaces per 1,000 SF Leased)
Frontage
219’ on Dallas Parkway
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | R-4154-002-0230-1 | Improvements Assessment | $760,154 |
| Land Assessment | $1,847,815 | Total Assessment | $2,607,969 |
