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Leased Corner Retail Restaurant
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498 W Eldorado Parkway, Little Elm, TX 75068

Retail property with 295 feet of frontage on W. Eldorado Parkway, currently leased through the end of February 2021.

Property SizeContact for details
Days on Market136

Property Features for 498 W Eldorado Parkway

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: Craddock Real Estate Group
Listed By: Phillip Craddock · License #TX 0701732
Source: Crexi
Added: Apr 10 Changed: Aug 16 Last Checked: Aug 14 at 8:04AM

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 Craddock Real Estate Group

Investment Insights

Based on property information with market context.

This commercial retail property includes 295 feet of frontage on W. Eldorado Parkway and is currently leased by a restaurant tenant through the end of February 2021. The site is positioned on a hard corner, providing prominent street presence.

Located in Little Elm, the property offers easy access from W. Eldorado Parkway and is described as having strong visibility for passing traffic.

The available information supports a straightforward retail/restaurant configuration with a long fronting length along the main roadway.

Key Highlights

  • 295 ft of frontage on W. Eldorado Parkway
  • Commercial retail property currently leased to a restaurant tenant through the end of February 2021
  • Located on a hard corner in Little Elm with easy access from W. Eldorado Parkway

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Furniture & Home Goods Plumbing Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Retail property with 295 feet of frontage on W. Eldorado Parkway, currently leased through the end of February 2021.
Where is this conventional restaurant located?
The property is located at 498 W Eldorado Parkway Little Elm, TX.
What are key features of this property?
This property features: 295 ft of frontage on W. Eldorado Parkway; Commercial retail property currently leased to a restaurant tenant through the end of February 2021; Located on a hard corner in Little Elm with easy access from W. Eldorado Parkway
More about this property
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