15375 Addison Rd, Addison, TX 75001
For Sale
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This exceptional turnkey business opportunity presents a fully operational restaurant, hookah lounge, and cafe located at 15375 Addison Road in the thriving city of Addison, Texas. The property encompasses a substantial 4,974 square feet situated on a 0.61-acre lot. The building itself underwent a complete rebuild in 2023-2024, resulting in a modern and efficient space equipped with brand new kitchen equipment and furniture. This comprehensive renovation ensures a seamless transition for the new owner, eliminating the need for costly upgrades or repairs. The sale includes not only the freestanding building and land but also all existing equipment, machinery, furniture, and inventory, providing a truly turnkey operation ready for immediate revenue generation. Addison is renowned for its upscale amenities, prestigious events, and presence of internationally recognized brands, creating a highly desirable and lucrative market for this type of establishment. The property's prime location within Addison guarantees high visibility and accessibility, attracting a substantial customer base. This is a rare opportunity to acquire a well-established and fully equipped business in a prime location, offering significant potential for growth and profitability. The asking price for this remarkable property is $3,499,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Z137 · Addison, TXAddison. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.