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Taco Cabana 9210 E R L Thornton Fwy 3,568 SF Retail Building Dallas, TX 75228 $2,150,000 ($602.58/SF) 6.30% Cap Rate
Investment Highlights
- Healthy Store Sales
- Absolute Net Lease
- Income Tax Free State
- Recently Extended Lease
Executive Summary
Surmount is pleased to present the exclusive listing for a Taco Cabana located at 9210 East R L Thornton Freeway, Dallas, TX 75228. The site consists of roughly 3,568 rentable square feet of building space on an estimated .71-acre parcel of land. Taco Cabana is subject to a 25-year Triple Net (NNN) lease, which commenced 3/29/2006. The current annual rent is $135,554 and has scheduled increases of 1.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,568 SF
Building Class
C
Year Built
2005
Price
$2,150,000
Price Per SF
$602.58
Cap Rate
6.30%
NOI
$135,554
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
RR
Frontage
43’ on RL Thornton Fwy
Amenities
- Pylon Sign
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 008475000A0070000 | Improvements Assessment | $646,540 |
| Land Assessment | $248,460 | Total Assessment | $895,000 |
Property Taxes
Parcel Number
008475000A0070000
Land Assessment
$248,460
Improvements Assessment
$646,540
Total Assessment
$895,000
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