Turnkey Restaurant with Fully Equipped
3324 Lakeview Parkway Rowlett, TX 75088
3324 Lakeview Parkway, Rowlett, TX, 75088
$1,700,000
For Sale
$1,700,000
COMMERCIAL - Rowlett, TX
Property Size5,325 SF
Lot Size0.93 Acres
Price / SF$319.25
Days on Market47
Property Features for 3324 Lakeview Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security
- Standard status
- Active
- APN
- 0007000100100 3CW00070001
- Lot size
- 0.93 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing Agency
Fathom Realty LLC
(888) 455-6040
Colleyville, TX
Listed by
Matthew Bryan · License #0662838
(888) 455-6040
Added: Jun 2 Checked: Jul 18 at 12:06 pm
MLS# 21229138
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.
Investment Insights
Based on property information with market context.
This turnkey, second-generation restaurant is owner occupied and currently operates Texas home cooking for breakfast and lunch. The building offers 5,325 square feet and includes a fully equipped commercial kitchen, bar area, and booth and table seating. A dining area can be sectioned off for special events and parties. The kitchen is supported by multiple refrigeration units and core cooking equipment, plus custom venting and a 1,500-gallon grease trap. The property also includes fixtures and decor as part of the sale, with the price including the business name.
Located in Rowlett on busy Lakeview Parkway, the site sits on just under 1 acre and provides 67 parking spaces. Exterior updates include new fascia and paint, supporting curb appeal and readiness for continued daily operations. Originally built as a Golden Corral, the improvements reflect a purpose-built restaurant layout.
For buyers or operators seeking a ready-to-run restaurant concept, this offering combines established dining functions with substantial kitchen infrastructure, including multiple fryers, commercial ovens, and walk-in refrigeration. With the ability to accommodate both regular service and privately sectioned events, the space can support a range of day-part and group dining needs. All inquiries must go through the listing agent, and owners/employees should not be disturbed.
Located in Rowlett on busy Lakeview Parkway, the site sits on just under 1 acre and provides 67 parking spaces. Exterior updates include new fascia and paint, supporting curb appeal and readiness for continued daily operations. Originally built as a Golden Corral, the improvements reflect a purpose-built restaurant layout.
For buyers or operators seeking a ready-to-run restaurant concept, this offering combines established dining functions with substantial kitchen infrastructure, including multiple fryers, commercial ovens, and walk-in refrigeration. With the ability to accommodate both regular service and privately sectioned events, the space can support a range of day-part and group dining needs. All inquiries must go through the listing agent, and owners/employees should not be disturbed.
Key Highlights
- 2nd generation restaurant on busy Lakeview Parkway in Rowlett with 5,325 SF building on a 0.94‑acre lot
- 67 on‑site parking spaces for customer access
- Fully equipped commercial kitchen with bar, booth and table seating, plus a 1,500‑gallon grease trap
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| 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 Uses
Best Use
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,198 @ 7.0% cap · market cap 5.60%
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 262.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hubbard's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - A 5,325 SF restaurant built for breakfast and lunch, with extensive kitchen equipment and event-capable dining space.
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 $1,700,000.
What are key features of this property?
This property features: 2nd generation restaurant on busy Lakeview Parkway in Rowlett with 5,325 SF building on a 0.94‑acre lot; 67 on‑site parking spaces for customer access; Fully equipped commercial kitchen with bar, booth and table seating, plus a 1,500‑gallon grease trap
