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Property profile & analytics
FOR LEASE
Gas stations

1050 N Coit Rd Richardson, TX 75080

1,901 SF 0.44 ac lot Built 1973
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US83-3114152
Property summary
AI-generated overview

Promenade North is a dominant, multi-tenant retail center in Richardson, Texas, ideally situated at the southeast corner of Coit Road and Arapaho Road. This infill location boasts a total of 172,000 square feet of shallow-depth retail space, currently housing a diverse mix of medical, service, restaurant, and retail tenants. The center offers 12 individual suites, with sizes ranging from a minimum of 1,097 square feet to a maximum contiguous space of 7,202 square feet. Currently, 37,570 square feet of space is available for lease. The property benefits from a highly visible location anchored by a Walmart Supercenter to the northwest and a Chick-fil-A and QuikTrip to the southwest. This prime location is surrounded by four quadrants of dense single-family residential neighborhoods and is conveniently located near two prestigious high schools: Richardson High School (Magnet) and Pearce High School. Promenade North serves as a key gateway to Richardson, situated on the border between Dallas and Richardson, offering exceptional visibility and accessibility to a large and affluent customer base in Dallas County. The property presents a unique opportunity for businesses seeking high-traffic retail space in a thriving community.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1973
Construction TILT-UP CONCRETE
Total area 1,901 SF
Lot 0.44 ac (19,358 SF)
Zoning code Z137
APN 42142700000020000
UPID US83-3114152
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CoinBank Bitcoin ATM || BTM Crypto Atm Currency Exchange Service
  • Amazon Locker - Documentary Postal Service Courier Service
  • SAM Check Cashing Machine Check Cashing
  • Promenade North Plaza Shopping Center & Mall
  • Coin Bank Bitcoin ATM Ethereum ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
North Dallas Properties LLC · 4 yrs held
North Dallas Properties LLC
since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2009
Price N/A
2008
Price N/A
2007
Price N/A
2007
Price N/A
2004
Price N/A
Zoning & alternative use
Z137 · Richardson, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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