Absolute NNN Restaurant
For Sale
Contact for pricing
2823 Eldorado Pkwy, Little Elm, TX 75068
Leased restaurant property at a signalized intersection within Little Elm’s established retail corridor.
Property SizeContact for details
Days on Market143
Property Features for 2823 Eldorado Pkwy
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
81,100 vehicles/day
Road Access
Yes
Listing Agency:
SRS Real Estate Partners - Global Company
(480) 221-4221
Listed By:
Grayson Jones · License #823605
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 10:01PM
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 - Global Company
Investment Insights
Based on property information with market context.
This leased-fee restaurant property in Little Elm, Texas, is occupied by Bojangles Opco, LLC under an absolute NNN lease. The agreement has approximately 19 years remaining, includes 4 five-year extension options, and provides 2% annual rental increases during the initial term and option periods. The lease structure assigns no landlord responsibilities.
The property occupies the signalized intersection of Eldorado Pkwy and FM 423, where the two roads carry an average of over 81,100 vehicles daily. A 217,000 square foot Walmart Supercenter is directly across the street, with Wendy’s, Panda Express, Truist Bank, and Wells Fargo Bank among its outparcels. Eldorado Crossings, a retail center exceeding 200,000 square feet and anchored by Lowe’s Home Improvement, is also nearby.
Additional surrounding national and credit tenants include Hobby Lobby, Dollar Tree, McDonald’s, KFC, Applebee’s, Walgreens, and CVS. The 5-mile trade area includes over 231,000 residents and 39,800 employees.
The property occupies the signalized intersection of Eldorado Pkwy and FM 423, where the two roads carry an average of over 81,100 vehicles daily. A 217,000 square foot Walmart Supercenter is directly across the street, with Wendy’s, Panda Express, Truist Bank, and Wells Fargo Bank among its outparcels. Eldorado Crossings, a retail center exceeding 200,000 square feet and anchored by Lowe’s Home Improvement, is also nearby.
Additional surrounding national and credit tenants include Hobby Lobby, Dollar Tree, McDonald’s, KFC, Applebee’s, Walgreens, and CVS. The 5-mile trade area includes over 231,000 residents and 39,800 employees.
Key Highlights
- Absolute NNN lease with approximately 19 years remaining and no landlord responsibilities
- 4 five‑year extension options with 2% annual rental increases
- Signalized intersection of Eldorado Pkwy and FM 423
Property Analytics
Current Use
Lease Details
81,100 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
253k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 35%
Home Improvements & Furnishings 16%
Electronics 3%
Lowe's
Home Improvements & Furnishings
41,743 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
38,974 visits/mo
0.3 miles
McDonald's
Dining
32,861 visits/mo
0.2 miles
Dollar Tree
Shops & Services
18,252 visits/mo
0.3 miles
Taco Bell
Dining
14,407 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Leased restaurant property at a signalized intersection within Little Elm’s established retail corridor.
Where is this nnn property located?
The property is located at 2823 Eldorado Pkwy Little Elm, TX.
What are key features of this property?
This property features: Absolute NNN lease with approximately 19 years remaining and no landlord responsibilities; 4 five‑year extension options with 2% annual rental increases; Signalized intersection of Eldorado Pkwy and FM 423
