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    5353 Belt Line Rd Dallas, TX 75254

    For Sale
    $5,815,000

    Newly renovated restaurant in Addison (Dallas), Texas for sale.

    Property size:
    5,672 SF
    Lot size:
    1.10 Acres

    Property Features for 5353 Belt Line Rd

    General Information

    Size
    5,672 SF
    Lot size
    1.10 Acres

    Source: SRS Industrial - Newport Beach Agent Patrick R. Luther, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Restaurant Investment Property

    This freestanding restaurant property, located in Addison (Dallas), Texas, is available for purchase. The property is a newly renovated building. The tenant, First Watch Restaurants, Inc., has signed a new 12-year lease with options to extend for two additional 5-year periods, demonstrating a commitment to the location. The lease includes 10% rental increases every 6 years throughout the initial term and at the beginning of the first option period. The lease is structured as NN with minimal landlord responsibilities. The property is scheduled to open in December 2024 and contains 5,672 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Capital One ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Awake Breakfast + Lunch - Addison, Snooze, an A.M. Eatery, Hudson House

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.812857
    Latitude
    32.954968

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    FAQs

    What type of property is this?
    Breakfast & diner - Newly renovated restaurant in Addison (Dallas), Texas for sale.
    Where is this breakfast & diner located?
    The property is located at 5353 Belt Line Rd Dallas, TX.
    What is the asking price?
    The asking price for this property is $5,815,000.
    What are key features of this property?
    This property features: - Brand new 12-year NN lease with First Watch Restaurants, Inc.; - Newly renovated, freestanding building in Addison (Dallas), Texas.; - Minimal landlord responsibilities (NN lease) offering a management-free investment.
    (949) 698-1100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5353 Belt Line Rd Dallas, TX 75254
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