Freestanding Restaurant with
New
For Sale
$4,530,000
4350 Belt Line Road, Addison, TX 75001
CommercialSale, Addison, TX
Property Size9,496 SF
Lot Size2.09 Acres
Price / SF$477.04
Days on Market1
Property Features for 4350 Belt Line Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial/Retail
Subdivision
Beltway Office Park Iii-Ri
Directions
S.E. corner of Belt Line & Midway
Standard status
Active
APN
10002730000030000
Lot size
2.09 Acres
Taxes and HOA fees
Tax Description
BELTWAY OFFICE PARK TRACT 3-R1 LT 3 ACS 2.085
Tax Annual Amount
65635
Legal Description
BELTWAY OFFICE PARK TRACT 3-R1 LT 3 ACS 2.085
Building Details
Year built
1992
Floors in Building
1
Number of units
1
Listing Agency:
Wisdom REALTORS
(903) 600-0616
Listed By:
Rita Gozlan-Derjavetz
(972) 836-7325
Added: Oct 25
Last Checked: Oct 25 at 2:06PM
MLS# 21420190
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.
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Investment Insights
Based on property information with market context.
This freestanding restaurant contains 9,496 square feet on a 2.085-acre site. Built in 1992, the building is offered through a single-tenant sale-leaseback, with an absolute NNN lease proposed for the property.
Under the proposed lease, the tenant would cover real estate taxes, insurance, utilities, maintenance, HVAC, roof work, and structural repairs. The property is located on Belt Line Road in Addison’s Restaurant Row.
Under the proposed lease, the tenant would cover real estate taxes, insurance, utilities, maintenance, HVAC, roof work, and structural repairs. The property is located on Belt Line Road in Addison’s Restaurant Row.
Key Highlights
- 9,496‑square‑foot freestanding restaurant on a 2.085‑acre site
- Built in 1992
- Proposed single‑tenant sale‑leaseback with an absolute NNN lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,766
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,395,320
$3.4M
Cap Rate 7%
$2,425,229
$2.4M
Cap Rate 9%
$1,886,289
$1.9M
Market Conditions
NOI Build-Up for 9,496 SF
Gross rent
$237.0K $24.96/SF
− Vacancy
−$10.7K −$1.12/SF
EGI
$226.4K $23.84/SF
− OpEx
−$56.6K −$5.96/SF
NOI
$169.8K $17.88/SF
Area
Dallas County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,395,320
Cap Rate 7%
$2,425,229
Cap Rate 9%
$1,886,289
Alternative Uses
Best Use
Specialty Retail
$2.43M
$2.12M – $2.83M
NOI $169,766 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$113.83M
$99.60M – $132.80M
NOI $7,967,766 @ 7.0% cap · market cap 175.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,308
Businesses Nearby
79k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 90%
Office Supplies 7%
Hotels & Casinos 3%
Olive Garden
Dining
20,955 visits/mo
0.1 miles
Fogo de Chao
Dining
12,527 visits/mo
0.0 miles
Chuy's
Dining
12,236 visits/mo
0.1 miles
Chili's Grill & Bar
Dining
10,770 visits/mo
0.2 miles
Osaka Sushi
Dining
6,571 visits/mo
0.0 miles
Demographics for 75001, TX
16,528
Population
10,590
Households
1.6
Avg Household Size
34
Median Age
61%
College-Educated
97%
High-School Grad
3.8 sq mi
ZIP Area
4,349
Density / Sq Mi
$82,577
Median Household Income
$55,977
Median Earnings
$1,717
Median Rent
$455,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- New New Buffet — 3822 Belt Line Rd, Addison, TX 75001
- Sigree Grill Indian Restaurant and Banquet — 4145 Belt Line Rd Ste 218, Dallas, TX 75001
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A single-tenant absolute NNN lease assigns property operating costs and repairs to the tenant.
Where is this conventional restaurant located?
The property is located at 4350 Belt Line Road Addison, TX.
What is the asking price?
The asking price for this property is $4,530,000.
What are key features of this property?
This property features: 9,496‑square‑foot freestanding restaurant on a 2.085‑acre site; Built in 1992; Proposed single‑tenant sale‑leaseback with an absolute NNN lease
