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    Restaurant Building on Lakeview Parkway Title is generated by Realmo AI

    3324 Lakeview Parkway, Rowlett, TX 75088

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    For Sale
    $1,850,000

    Thriving restaurant property in Rowlett, Texas, with fully equipped kitchen.

    Type:Commercial
    Property size:
    5,325 SF
    Lot size:
    0.94 Acres
    Price / SF:
    $347/SF
    Added:
    Apr 22, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 22 at 5:16 pm

    Property Features for 3324 Lakeview Parkway

    General Information

    Standard status
    Active
    Size
    5,325 SF
    Lot size
    0.94 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    Matthew Bryan

    Listing agent Matthew Bryan

    Listing office Fathom Realty LLC

    Listing date Apr 22, 2026

    Source Signaturere

    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 Fathom Realty LLC

    HighLights

    • Fully equipped, operational restaurant with existing business and name included.
    • Large 5325 sq ft building on a 0.94 acre lot with 67 parking spaces.
    • High‑traffic location on Lakeview Parkway in Rowlett.
    • Extensive kitchen equipment: 2 walk‑in freezers, 1 walk‑in refrigerator, 4 fryers, commercial ovens, custom venting, and a 1500‑gallon grease trap.
    • Recently updated exterior with new fascia and paint.
    • Sectioned area for special events and parties.

    Overview

    This active and thriving second-generation restaurant is located in Rowlett on busy Lakeview Parkway. The owner-occupied and operated restaurant specializes in Texas home cooking, serving breakfast and lunch. The building has 5325 square feet and sits on a 0.94-acre lot with 67 parking spaces. The exterior was recently updated with new fascia and paint. The interior features a fully equipped kitchen with a bar, booth, and table seating. One area can be sectioned off for special events and parties. The kitchen includes two walk-in freezers, one walk-in refrigerator, two commercial standing refrigerators, four fryers, commercial ovens, custom venting, and a 1500-gallon grease trap. Originally built as a Golden Corral, the price includes the business name, fixtures, and decor.

    Local 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 $132.9k $24.96
    − Vacancy −$6.0k −$1.12
    EGI $126.9k $23.84
    − OpEx −$31.7k −$5.96
    NOI $95.2k $17.88
    5,325 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.36M
    $1.19M – $1.59M (±1% cap)
    NOI $95,198 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $63.83M
    $55.85M – $74.47M (±1% cap)
    NOI $4,468,024 @ 7.0% cap · market cap 241.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hubbard's Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.5717199
    Latitude
    32.9070598

    FAQs

    What type of property is this?
    Conventional restaurant - Thriving restaurant property in Rowlett, Texas, with fully equipped kitchen.
    Where is this conventional restaurant located?
    The property is located at 3324 Lakeview Parkway Rowlett, TX.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Fully equipped, operational restaurant with existing business and name included.; Large 5325 sq ft building on a 0.94 acre lot with 67 parking spaces.; High‑traffic location on Lakeview Parkway in Rowlett.
    More about this property
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