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Renovated NNN Restaurant Property
For Sale
Contact for pricing
Pending

1516 Greenville Ave, Dallas, TX 75206

Chuy’s Tex-Mex operates under a new triple-net lease in Dallas’s Lowest Greenville retail and dining corridor.

Property SizeContact for details
Lot Size1.44 Acres
Days on Market140

Property Features for 1516 Greenville Ave

General Information

Standard status Pending
Lot size 1.44 Acres
Property subtype Retail
Listing Agency: Marcus & Millichap - Dallas Uptown
Listed By: Joe Santelli, CCIM · License #TX: 664135
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas Uptown

Investment Insights

Based on property information with market context.

This NNN restaurant property spans 1.44 acres at 1516-1580 Greenville Avenue and 5505-5561 Lindell Avenue in Dallas, Texas. The improvements were recently renovated and are leased to Chuy’s Tex-Mex under a new 10-year triple-net agreement with a BBB credit tenant.

The property is positioned within the Lowest Greenville retail and dining corridor, a walkable urban submarket with national and regional retail tenants. Its location provides connectivity between Ross Avenue and Mockingbird Lane and places the site near the North Henderson submarket. The surrounding area includes established dining and retail activity along with ongoing commercial growth.

Key Highlights

  • 1.44‑acre restaurant property in Dallas’s Lowest Greenville submarket
  • New 10‑year triple‑net lease with a BBB credit tenant
  • Recently renovated property leased to Chuy’s Tex‑Mex

Property Analytics

Current Use

Nearby Storage Units Storage Facility Nearby Storage Units ... Storage Facility Self Storage Storage Facility

Suggested Use

Top Pick Electrical Service Computer & Electronic Repair Building Supply (Bike/Boat/Book/etc) Store Nursing Home Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,496
Businesses Nearby
343k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 30% Groceries 25% Apparel 3%
Trader Joe's Groceries
40,697 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
32,918 visits/mo 0.3 miles
Fiesta Mart Groceries
30,511 visits/mo 0.1 miles
McDonald's Dining
21,798 visits/mo 0.2 miles
Dollar Tree Shops & Services
21,742 visits/mo 0.1 miles

Demographics for 75206, TX

40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Chuy’s Tex-Mex operates under a new triple-net lease in Dallas’s Lowest Greenville retail and dining corridor.
Where is this nnn property located?
The property is located at 1516 Greenville Ave Dallas, TX.
What are key features of this property?
This property features: 1.44‑acre restaurant property in Dallas’s Lowest Greenville submarket; New 10‑year triple‑net lease with a BBB credit tenant; Recently renovated property leased to Chuy’s Tex‑Mex
(972) 755-5282 Call to check price and availability
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