Built-Out Dessert Restaurant
New
For Lease
$5,900/Mo
230-11700 Fm 423, Little Elm, TX 75068
An existing food-service setup includes a dining area, service counter, restroom, and equipment, furniture, and fixtures.
Space SizeContact for details
Days on Market5
Property Features for 230-11700 Fm 423
General Information
Standard status
Active
Listing Agency:
iDream Realty LLC
Listed By:
Shekar Kasturi Raja
(972) 822-1445
Source:
Exprealty
Added: Oct 25
Changed: Oct 29
Last Checked: Oct 28 at 8:24AM
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 iDream Realty LLC
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Investment Insights
Based on property information with market context.
This 1,444-square-foot restaurant space is configured for dessert or other food-service operations. The interior includes a dining area, service counter, and restroom, with equipment, furniture, and fixtures in place. A patio seating area faces the storefront; use is subject to landlord approval.
The space is in Shops at Panther Creek, a retail center with frontage on FM 423 in Little Elm. Shared surface parking serves the center, and nearby residential rooftops and traffic along FM 423 contribute to the surrounding commercial context.
Occupancy is available through an assignment or sublease of the remaining term, which runs through February 2030. The incoming tenant’s use and financials require landlord approval. The operating business and its furniture, fixtures, and equipment are also available for purchase.
The space is in Shops at Panther Creek, a retail center with frontage on FM 423 in Little Elm. Shared surface parking serves the center, and nearby residential rooftops and traffic along FM 423 contribute to the surrounding commercial context.
Occupancy is available through an assignment or sublease of the remaining term, which runs through February 2030. The incoming tenant’s use and financials require landlord approval. The operating business and its furniture, fixtures, and equipment are also available for purchase.
Key Highlights
- 1,444 SF restaurant space with dining area, service counter, and restroom
- Equipment, furniture, and fixtures are in place
- Front patio seating, subject to landlord approval
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$7.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Home Improvements & Furnishings 37%
Dining 16%
Electronics 7%
Lowe's
Home Improvements & Furnishings
41,743 visits/mo
0.4 miles
Wendy's
Dining
12,529 visits/mo
0.5 miles
Wells Fargo
Shops & Services
8,611 visits/mo
0.5 miles
Chase Bank
Shops & Services
8,442 visits/mo
0.5 miles
Discount Tire Store
Shops & Services
7,816 visits/mo
0.1 miles
Demographics for 75068, TX
66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing food-service setup includes a dining area, service counter, restroom, and equipment, furniture, and fixtures.
Where is this conventional restaurant located?
The property is located at 230-11700 Fm 423 Little Elm, TX.
What is the lease rate?
The lease rate is $5,900/Mo.
What are key features of this property?
This property features: 1,444 SF restaurant space with dining area, service counter, and restroom; Equipment, furniture, and fixtures are in place; Front patio seating, subject to landlord approval
