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603 N Cockrell Hill Rd
Duncanville, TX 75116
Vacant Former Restaurant · Retail Property For Sale


Investment Highlights
- Corner Parcel | Office & Retail Zoning | Interstate 20 (191,100 VPD) |Excellent Visibility | Street Frontage | Large 2.20+ Acre Parcel
- Strong Demographics in 5-Mile Trade Area
- Dominant Retail Corridor | Strong National & Regional Retailers |Wheatland Towne Crossing | Positioned Near Downtown Dallas
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding restaurant property located in Duncanville, Texas (Dallas MSA). The property is currently leased to Red Lobster paying rent through December 2026, at which point the tenant will vacate the premises. The property consists of a 8,356 SF building on 2.21 acres and is zoned General Office And Retail District: GOR, providing a wide range of office, professional, commercial, and retail uses. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable retail corridor with direct access to major residential communities, strong national and credit tenants, schools, and key commuter routes. The Olive Garden adjacent to this property has a strong ranking on Placer.ai, placing it in the 71st percentile across all stores nationwide and 68th percentile in Texas specificly, a strong indication for this property’s potential with the right Tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,356 SF
Building Class
B
Year Built/Renovated
1993/2000
Price
$3,500,000
Price Per SF
$418.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.21 AC
Zoning
GOR - General Office And Retail District
Parking
191 Spaces (22.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 220137000A03A0000 | Improvements Assessment | $984,290 |
| Land Assessment | $866,880 | Total Assessment | $1,851,170 |
Property Taxes
Parcel Number
220137000A03A0000
Land Assessment
$866,880
Improvements Assessment
$984,290
Total Assessment
$1,851,170
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