Freestanding Restaurant
For Sale
Contact for pricing
15225 Montfort Dr, Dallas, TX 75248
Restaurant property with multiple access points near established retail corridors.
Property Size7,720 SF
Price / SF$453.37
Days on Market20
Property Features for 15225 Montfort Dr
General Information
Standard status
Active
Size
7,720 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
SRS Real Estate Partners - Corporate
(214) 560-3251
Listed By:
Mark Reeder · License #318755
(214) 560-3251
Source:
Moodyscre
Added: Aug 4
Changed: Aug 21
Last Checked: Aug 22 at 5:37AM
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 7,720-square-foot freestanding restaurant property is positioned in the Addison submarket at 15225 Montfort Dr. The building offers a standalone configuration suited to restaurant operations and includes multiple points of ingress and egress.
The property sits just off Belt Line Road with access to the Dallas North Tollway. Its surrounding context includes national retailers, major employment centers, and dense residential neighborhoods, placing the site within an established North Dallas commercial area.
The combination of a dedicated restaurant building, direct road access, and proximity to retail and employment concentrations supports consideration by restaurant, retail, or entertainment users.
The property sits just off Belt Line Road with access to the Dallas North Tollway. Its surrounding context includes national retailers, major employment centers, and dense residential neighborhoods, placing the site within an established North Dallas commercial area.
The combination of a dedicated restaurant building, direct road access, and proximity to retail and employment concentrations supports consideration by restaurant, retail, or entertainment users.
Key Highlights
- 7,720‑square‑foot freestanding restaurant property
- Multiple points of ingress and egress
- Located just off Belt Line Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$132,951
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,659,020
$2.7M
Cap Rate 7%
$1,899,300
$1.9M
Cap Rate 9%
$1,477,233
$1.5M
Market Conditions
NOI Build-Up for 7,720 SF
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.
Gross rent
$186.2K $24.12/SF
− Vacancy
−$8.9K −$1.16/SF
EGI
$177.3K $22.96/SF
− OpEx
−$44.3K −$5.74/SF
NOI
$133.0K $17.22/SF
Area
Dallas, TX
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,659,020
Cap Rate 7%
$1,899,300
Cap Rate 9%
$1,477,233
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
3,535
Businesses Nearby
513k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 28%
Superstores 22%
Apparel 7%
Walmart
Superstores
110,904 visits/mo
0.3 miles
Five Below
Shops & Services
23,483 visits/mo
0.3 miles
AMC Village On The Parkway 9
Leisure
22,981 visits/mo
0.4 miles
Michaels
Shops & Services
22,857 visits/mo
0.3 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with multiple access points 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: 7,720‑square‑foot freestanding restaurant property; Multiple points of ingress and egress; Located just off Belt Line Road
