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5215 Singing Hills Dr 2,400 SF Retail Building Dallas, TX 75241 $625,000 ($260.42/SF) 9.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Renovated in 2021
- Pylon Signage
- Experienced operator in business since 1980, expanded from across the street
- Second generation restaurant
EXECUTIVE SUMMARY
PMW Realty Partners is pleased to present the opportunity to acquire 5215 Singing Hills Drive, a single-tenant freestanding restaurant in Dallas, TX. The property was fully renovated in 2021 and is leased to an experienced operator, Kliff Klub Breakfast Klub, who has been in business since 1980 and recently expanded from across the street. With just under five (5) years remaining gon the initial lease term, investors can enjoy attractive in-place rent in a well-located, growing area of Dallas.
Experienced operator in business since 1980, expandedfrom across the street
Leased until March 2029
NOI : $58,730.
Pylon Signage
Experienced operator in business since 1980, expandedfrom across the street
Leased until March 2029
NOI : $58,730.
Pylon Signage
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1980/2021
Price
$625,000
Price Per SF
$260.42
Cap Rate
9.40%
NOI
$58,730
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.23 AC
Zoning
Z239 - Unrestricted / No zone / Freestanding Property
AMENITIES
- Courtyard
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00000485035000000 | Improvements Assessment | $328,200 |
| Land Assessment | $15,030 | Total Assessment | $343,230 |
PROPERTY TAXES
Parcel Number
00000485035000000
Land Assessment
$15,030
Improvements Assessment
$328,200
Total Assessment
$343,230
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5215 Singing Hills Dr
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