Second-Generation Restaurant
3324 Lakeview Parkway, Rowlett, TX 75088
- Added:
- Apr 17, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 3 at 12:06 am
Property Features for 3324 Lakeview Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security
- Standard status
- Active
- APN
- 0007000100100 3CW00070001
- Lot size
- 0.93 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing agent Matthew Bryan License #0662838 (888) 455-6040
Listing office Fathom Realty LLC Colleyville, TX (888) 455-6040
Listing date Apr 17, 2026
MLS# 21229138
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2nd gen restaurant in Rowlett on busy Lakeview Parkway, currently owner occupied and operated
- 5,325 SF building on 0.94 acres with 67 parking spaces
- Fully equipped commercial kitchen with 2 walk‑in freezers, walk‑in refrigerator, commercial standing refrigerators, fryers, and commercial ovens
- Kitchen includes custom venting and a 1,500‑gallon grease trap
- Seating area with bar, booth, and table seating; one area can be sectioned off for special events
- Exterior recently updated with new fascia and paint; brick construction; central heating and central air; 1985 build
Overview
This is an active, owner-occupied second-generation restaurant offering Texas home cooking with breakfast and lunch service. The building includes a fully equipped commercial kitchen with a bar, booth seating, and table seating. The operation features multiple refrigeration units, commercial cooking equipment including fryers and ovens, custom venting, and a 1,500-gallon grease trap. For flexibility, one portion of the dining area can be sectioned off for special events and parties. Recent exterior updates include new fascia and fresh paint, supporting a clean, presentable street presence.
The property is located on busy Lakeview Parkway in Rowlett, Texas, and sits on a lot just under one acre with 67 parking spaces. The listing notes recent exterior improvements and an established operating setup designed to support consistent day-to-day restaurant use.
For buyers and operators, this offering presents a turnkey path to continue or restart a full-service concept, including the existing kitchen infrastructure, dining layout, and event-ready space. The price includes the business name along with fixtures and decor, which may reduce the transition time compared with starting from scratch. Please direct all inquiries through the listing agent and do not disturb owners or employees.
The property is located on busy Lakeview Parkway in Rowlett, Texas, and sits on a lot just under one acre with 67 parking spaces. The listing notes recent exterior improvements and an established operating setup designed to support consistent day-to-day restaurant use.
For buyers and operators, this offering presents a turnkey path to continue or restart a full-service concept, including the existing kitchen infrastructure, dining layout, and event-ready space. The price includes the business name along with fixtures and decor, which may reduce the transition time compared with starting from scratch. Please direct all inquiries through the listing agent and do not disturb owners or employees.
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
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
NOI $4,468,024 @ 7.0% cap · market cap 241.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hubbard's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Dallas
- State
- Texas
- Longitude
- -96.57172
- Latitude
- 32.90706
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey breakfast and lunch restaurant with a fully equipped kitchen, seating, and special event capability on a major roadway.
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: 2nd gen restaurant in Rowlett on busy Lakeview Parkway, currently owner occupied and operated; 5,325 SF building on 0.94 acres with 67 parking spaces; Fully equipped commercial kitchen with 2 walk‑in freezers, walk‑in refrigerator, commercial standing refrigerators, fryers, and commercial ovens
