NNN Property with
For Sale
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9210 East R L Thornton Freeway, Dallas, TX 75228
Restaurant facility subject to a long-term lease with scheduled 1.00% annual increases.
Property Size3,568 SF
Price / SF$602.58
Days on Market103
Property Features for 9210 East R L Thornton Freeway
General Information
Standard status
Active
Size
3,568 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$135,554
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Cassandra Mosser · License #AZ SA677563000
Source:
Crexi
Added: Jul 6
Changed: Oct 4
Last Checked: Oct 16 at 8:25AM
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
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Investment Insights
Based on property information with market context.
The property includes a Taco Cabana restaurant building containing approximately 3,568 rentable square feet on an estimated .71-acre parcel. Constructed in 2005, the improvement is subject to a 20-year Triple Net lease that began on 3/29/2006.
Located at 9210 East R L Thornton Freeway in Dallas, Texas, the site offers a single-tenant restaurant configuration under an established NNN lease structure. The lease includes scheduled annual increases of 1.00%, providing a defined escalation schedule over the lease term.
Located at 9210 East R L Thornton Freeway in Dallas, Texas, the site offers a single-tenant restaurant configuration under an established NNN lease structure. The lease includes scheduled annual increases of 1.00%, providing a defined escalation schedule over the lease term.
Key Highlights
- 3,568 rentable square feet of restaurant building space
- Estimated .71‑acre parcel
- 20‑year Triple Net (NNN) lease commenced 3/29/2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,447
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,940
$1.2M
Cap Rate 7%
$877,814
$877.8K
Cap Rate 9%
$682,744
$682.7K
Market Conditions
NOI Build-Up for 3,568 SF
Gross rent
$86.1K $24.12/SF
− Vacancy
−$4.1K −$1.16/SF
EGI
$81.9K $22.96/SF
− OpEx
−$20.5K −$5.74/SF
NOI
$61.4K $17.22/SF
Area
ZIP 75228
Vacancy
4.80%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,940
Cap Rate 7%
$877,814
Cap Rate 9%
$682,744
Alternative Uses
Best Use
Specialty Retail
$877.8K
$768.1K – $1.02M
NOI $61,447 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,377 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
509k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Shops & Services 23%
Dining 12%
Groceries 4%
Walmart
Superstores
153,229 visits/mo
0.2 miles
Sam's Club
Superstores
132,634 visits/mo
0.1 miles
QuikTrip
Shops & Services
55,799 visits/mo
0.3 miles
Panda Express
Dining
24,665 visits/mo
0.1 miles
La Michoacana Meat Market
Groceries
19,727 visits/mo
0.3 miles
Demographics for 75228, TX
68,219
Population
27,329
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
11.4 sq mi
ZIP Area
5,984
Density / Sq Mi
$59,617
Median Household Income
$36,862
Median Earnings
$1,196
Median Rent
$259,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Restaurant facility subject to a long-term lease with scheduled 1.00% annual increases.
Where is this nnn property located?
The property is located at 9210 East R L Thornton Freeway Dallas, TX.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 3,568 rentable square feet of restaurant building space; Estimated .71‑acre parcel; 20‑year Triple Net (NNN) lease commenced 3/29/2006
