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4500 Belt Line Rd
Addison, TX 75001
Chili's | Corp Abs NNN | Below Market Rent · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,966 SF
Building Class
B
Year Built/Renovated
1992/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.15 AC
Zoning
LR
Parking
107 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125’ on Belt Line Rd

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

ABOUT 4500 BELT LINE RD , ADDISON, TX 75001

Chili’s Grill & Bar is located along Belt Line Road, a major retail and commuter thoroughfare traveling through the city of Addison, averaging 59,100 vehicles passing by daily. The site is also less than a mile east of the Dallas North Tollway, a primary commuter thoroughfare serving the city, averaging an additional 187,400 VPD. Chili’s is positioned between two signalized, hard corner intersections and is equipped with a prominent monument sign, providing excellent visibility and exposure for the store. Belt Line Road is a major retail corridor serving the suburban Dallas area, with nearby national/credit tenants including a 24-hour Walmart Supercenter, Target, Kroger, Whole Foods, and more. Strong tenant synergy within the immediate trade area increases consumer draw and promotes crossover shopping to the site. Moreover, Chili’s is situated just south of a dense industrial district, contributing to a strong direct consumer base comprised of nearly 41,000 day-time employees within 1 mile of the site. The 5-mile trade area is supported by a dense population of nearly 384,000 residents and more than 293,000 employees with an affluent average household income of $102,000.

PROPERTY TAXES

  • Listing ID: 16889131

  • Date on Market: 8/12/2019

  • Last Updated:

  • Address: 4500 Belt Line Rd, Addison, TX 75001