Freestanding
New
For Sale
$3,500,000
15225 Montfort Dr, Dallas, TX 75248
Built in 2007 with multiple points of ingress and egress near established retail corridors.
Days on Market3
Property Features for 15225 Montfort Dr
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Building Size
7,720 SF
Year Built
2007
Listing Agency:
SRS Real Estate Partners - Corporate
(214) 695-8223
Listed By:
Mark Reeder · License #318755
(214) 695-8223
Source:
Srsre
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 2:14AM
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 SRS Real Estate Partners - Corporate
Investment Insights
Based on property information with market context.
This freestanding restaurant property was built in 2007 and is positioned in North Dallas’ Prestonwood trade area within the Addison submarket. The site offers multiple points of ingress and egress, supporting convenient access for customers and service traffic.
Located just off Belt Line Road and minutes from the Dallas North Tollway, the property has direct access to an established retail corridor. The surrounding area includes national retailers, major employment centers, and dense residential neighborhoods with strong household incomes. Its location supports consideration by restaurant, retail, and entertainment users seeking a freestanding presence in an established commercial setting.
Located just off Belt Line Road and minutes from the Dallas North Tollway, the property has direct access to an established retail corridor. The surrounding area includes national retailers, major employment centers, and dense residential neighborhoods with strong household incomes. Its location supports consideration by restaurant, retail, and entertainment users seeking a freestanding presence in an established commercial setting.
Key Highlights
- Freestanding restaurant property built in 2007
- Located at 15225 Montfort Dr, Dallas, TX 75248
- Just off Belt Line Road and minutes from the Dallas North Tollway
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 | $186.2k | $24.12 |
| − Vacancy | −$8.9k | −$1.16 |
| EGI | $177.3k | $22.96 |
| − OpEx | −$44.3k | −$5.74 |
| NOI | $133.0k | $17.22 |
7,720 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.90M
$1.66M – $2.22M
NOI $132,951 @ 7.0% cap · market cap 3.80%
Second Best
Retail
$1.77M
$1.55M – $2.07M
NOI $124,218 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$9.26M
$8.11M – $10.81M
NOI $648,436 @ 7.0% cap · market cap 18.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,302
Businesses Nearby
495k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 29%
Superstores 22%
Apparel 7%
Walmart
Superstores
110,904 visits/mo
0.2 miles
Five Below
Shops & Services
23,483 visits/mo
0.1 miles
AMC Village On The Parkway 9
Leisure
22,981 visits/mo
0.5 miles
Michaels
Shops & Services
22,857 visits/mo
0.1 miles
Whataburger
Dining
22,591 visits/mo
0.1 miles
Demographics for 75248, TX
38,210
Population
18,531
Households
2.1
Avg Household Size
41
Median Age
65%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
5,164
Density / Sq Mi
$103,063
Median Household Income
$61,677
Median Earnings
$1,602
Median Rent
$543,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built in 2007 with multiple points of ingress and egress near established retail corridors.
Where is this conventional restaurant located?
The property is located at 15225 Montfort Dr Dallas, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Freestanding restaurant property built in 2007; Located at 15225 Montfort Dr, Dallas, TX 75248; Just off Belt Line Road and minutes from the Dallas North Tollway
