Rowlett Restaurant Opportunity on
3324 Lakeview Parkway, Rowlett, TX 75088
Business - Rowlett, TX
Type:Business
Property size:
5,325 SFLot size:
0.93 AcresPrice / SF:
$347/SF- Added:
- Apr 17, 2026
- Days on Market:
- 36
- Last Refresh:
- May 22 at 2:06 pm
Property Features for 3324 Lakeview Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Standard status
- Active
- APN
- 0007000100100 3CW00070001
- Size
- 5,325 SF
- Lot size
- 0.93 Acres
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air, Electric
Building Details
- Year built
- 1985
- Flooring type
- Concrete, Tile
- Building materials
- Brick
- Roof type
- Composition, Shingle
- Architectural style
- Other
Listing agent Matthew Bryan License #0662838 (888) 455-6040
Listing office Fathom Realty LLC 2150 S. Central Expressway, Colleyville, TX (888) 455-6040
Listing date Apr 17, 2026
MLS# 21229138
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Active and thriving 2nd gen restaurant on busy Lakeview Parkway.
- Fully equipped kitchen with bar, booth and table seating, including 2 walk‑in freezers, 1 walk‑in refrigerator, 2 commercial standing refrigerators, 4 fryers, commercial ovens, custom venting and a 1500‑gallon grease trap.
- Building is 5325 square feet on a 0.94‑acre lot with 67 parking spaces.
- Includes business name, fixtures, and decor.
- One area can be sectioned off for special events and parties.
- Recently updated exterior with new fascia and paint.
Overview
This is an active and thriving second-generation restaurant located in Rowlett on busy Lakeview Parkway. The owner-occupied and operated Texas home cooking restaurant serves breakfast and lunch. The building has 5325 square feet and sits on a 0.94-acre lot with 67 parking spaces. The exterior was recently updated with new fascia and paint. Inside, the restaurant features a fully equipped kitchen with a bar, booth, and table seating. One area can be sectioned off for special events and parties. The kitchen includes 2 walk-in freezers, 1 walk-in refrigerator, 2 commercial standing refrigerators, 4 fryers, commercial ovens, custom venting, and a 1500-gallon grease trap. Originally built as a Golden Corral, the price includes the business name, fixtures, and decor. The property is located in Dallas County.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$1.06M
NOI $95,198 @ 9.00% cap · cautious / downside scenario
Moderate
$1.36M
NOI $95,198 @ 7.00% cap · market / base-case scenario
Aggressive
$1.90M
NOI $95,198 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.9k | $24.96 |
| − Vacancy | −$6.0k | −$1.12 |
| EGI | $126.9k | $23.84 |
| − OpEx | −$31.7k | −$5.96 |
| NOI | $95.2k | $17.88 |
5,325 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,198 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$63.83M
$55.85M – $74.47M
NOI $4,468,024 @ 7.0% cap · market cap 241.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hubbard's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Dallas
- State
- Texas
- Longitude
- -96.57172
- Latitude
- 32.90706
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Thriving restaurant on Lakeview Parkway with fully equipped kitchen.
Where is this conventional restaurant located?
The property is located at 3324 Lakeview Parkway Rowlett, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Active and thriving 2nd gen restaurant on busy Lakeview Parkway.; Fully equipped kitchen with bar, booth and table seating, including 2 walk‑in freezers, 1 walk‑in refrigerator, 2 commercial standing refrigerators, 4 fryers, commercial ovens, custom venting and a 1500‑gallon grease trap.; Building is 5325 square feet on a 0.94‑acre lot with 67 parking spaces.
