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Red Lobster NNN Property
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9069 Vantage Point Dr, Dallas, TX 75243

Restaurant property leased under an absolute triple-net structure with renewal options.

Property Size9,100 SF
Lot Size1.98 Acres
Days on Market143

Property Features for 9069 Vantage Point Dr

General Information

Standard status Active
Size 9,100 SF
Lot size 1.98 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:03AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property includes a Red Lobster restaurant building containing approximately 9,100 rentable square feet on an estimated 1.98-acre parcel. It is located at 9069 Vantage Point Drive in Dallas, Texas.

The asset is subject to a 25-year absolute triple-net lease that commenced December 17, 2018. The lease has 15.5 years remaining in its current term, with annual 2% increases during the base term and throughout each of four five-year renewal options.

Key Highlights

  • Approximately 9,100 rentable square feet of restaurant building space
  • Estimated 1.98‑acre parcel at 9069 Vantage Point Drive, Dallas, TX 75243
  • 25‑year absolute triple‑net lease commenced December 17, 2018

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Daycare Center

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

1,918
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Dining 17% Hotels & Casinos 8% Electronics 2%
RaceTrac Shops & Services
24,155 visits/mo 0.2 miles
Olive Garden Dining
12,411 visits/mo 0.1 miles
Shell Shops & Services
12,049 visits/mo 0.5 miles
Chase Bank Shops & Services
7,085 visits/mo 0.4 miles
Dollar General Shops & Services
5,793 visits/mo 0.4 miles

Demographics for 75243, TX

62,273
Population
31,577
Households
2
Avg Household Size
34
Median Age
34%
College-Educated
86%
High-School Grad
9.2 sq mi
ZIP Area
6,769
Density / Sq Mi
$50,357
Median Household Income
$33,760
Median Earnings
$1,226
Median Rent
$359,100
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?
NNN property - Restaurant property leased under an absolute triple-net structure with renewal options.
Where is this nnn property located?
The property is located at 9069 Vantage Point Dr Dallas, TX.
What are key features of this property?
This property features: Approximately 9,100 rentable square feet of restaurant building space; Estimated 1.98‑acre parcel at 9069 Vantage Point Drive, Dallas, TX 75243; 25‑year absolute triple‑net lease commenced December 17, 2018
(332) 345-4222 Call to check price and availability
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