Freestanding Restaurant
For Sale
Contact for pricing
505 N Good Latimer Expy, Dallas, TX 75226
Absolute NNN freestanding restaurant with a recently executed 15-year tenant lease and zero landlord responsibilities.
Property SizeContact for details
Days on Market125
Property Features for 505 N Good Latimer Expy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 3:50PM
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 Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee-simple interest (land and building ownership) in a freestanding bottled blonde restaurant investment property operated under an absolute NNN structure with zero landlord responsibilities. The property includes a 21,000 SF building and is leased to Bottled Blonde Dallas, LLC under a brand new 15-year lease with two additional 5-year options.
The lease includes 2% annual rental increases throughout the initial term and at the beginning of each option. Under the same lease, the operator operates Bottled Blonde and Backyard concepts. In addition, the operator opened “Pizza Pie,” a pizza by the slice stand located outside by the Uber and Lyft drop-off and pick-up zones.
Located at a signalized, hard corner intersection at North Good Latimer Expressway (17,000 VPD) and Swiss Avenue, the site is just off of Interstate 345 (188,400 VPD) with convenient on/off ramp access. The property is directly across from the Deep Ellum Station (DART Light Rail Green Line), providing transportation access to Baylor University Medical Center.
The lease includes 2% annual rental increases throughout the initial term and at the beginning of each option. Under the same lease, the operator operates Bottled Blonde and Backyard concepts. In addition, the operator opened “Pizza Pie,” a pizza by the slice stand located outside by the Uber and Lyft drop-off and pick-up zones.
Located at a signalized, hard corner intersection at North Good Latimer Expressway (17,000 VPD) and Swiss Avenue, the site is just off of Interstate 345 (188,400 VPD) with convenient on/off ramp access. The property is directly across from the Deep Ellum Station (DART Light Rail Green Line), providing transportation access to Baylor University Medical Center.
Key Highlights
- Fee‑simple (land & building) ownership of a freestanding 21,000 SF Bottled Blonde restaurant property in Deep Ellum, Dallas, TX
- Absolute NNN lease structure with zero landlord responsibilities
- Tenant Bottled Blonde Dallas, LLC recently executed a new 15‑year lease with two 5‑year options to extend
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,298
Businesses Nearby
109k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Hotels & Casinos 32%
Shops & Services 23%
Apparel 4%
Dallas Marriott Downtown
Hotels & Casinos
16,995 visits/mo
0.4 miles
7-Eleven
Shops & Services
11,418 visits/mo
0.2 miles
Punch Bowl Social
Dining
10,044 visits/mo
0.2 miles
The Kimpton Pittman Hotel
Hotels & Casinos
9,810 visits/mo
0.1 miles
Velvet Taco
Dining
9,038 visits/mo
0.2 miles
Demographics for 75226, TX
4,535
Population
3,221
Households
1.4
Avg Household Size
33
Median Age
38%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
4,123
Density / Sq Mi
$69,589
Median Household Income
$52,972
Median Earnings
$1,731
Median Rent
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN freestanding restaurant with a recently executed 15-year tenant lease and zero landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 505 N Good Latimer Expy Dallas, TX.
What are key features of this property?
This property features: Fee‑simple (land & building) ownership of a freestanding 21,000 SF Bottled Blonde restaurant property in Deep Ellum, Dallas, TX; Absolute NNN lease structure with zero landlord responsibilities; Tenant Bottled Blonde Dallas, LLC recently executed a new 15‑year lease with two 5‑year options to extend
