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Property profile & analytics
OFF-MARKET Estimated value $685,000
Turn key restaurants

1926 Market Ctr Blvd Dallas, TX 75207-3317

5,459 SF 0.92 ac lot Built 2014
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US83-0704759
Property summary
AI-generated overview

This exceptional 5,500-square-foot restaurant property, located at 1926 Market Center Blvd in Dallas, Texas, presents a unique investment opportunity. Currently occupied by a Rodeo Goat restaurant operating under a NNN lease with approximately 0.2 years remaining until the next option period begins in January 2025. The lease commenced February 11, 2015, and has a total term of 9.9 years. The property boasts a 100% occupancy rate and sits on a 0.92-acre lot. Built in 2014, this single-story building is situated in the highly desirable Dallas Design District, a prime location known for its high density and significant foot traffic. The MU-3 zoning allows for the construction of a structure up to 270 feet tall, offering substantial future development potential. The property benefits from direct access to the Trinity Strand Trail, a recently completed pedestrian bridge project. This Rodeo Goat location is the highest-grossing in the entire chain. The lease can be restructured at fair market value in 2025, providing an investor with the potential for increased returns and strategic positioning within this vibrant district. Nearby developments, including the Virgin Hotel and Avant on Market Center, further highlight the area's growth and momentum. The property's location offers easy access to Downtown Dallas, Uptown, Highland Park, SMU, University Park, and Dallas Love Field Airport. This infill asset presents a rare covered land play in one of Dallas's most sought-after corridors.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2014
Construction TILT-UP CONCRETE
Total area 5,459 SF
Lot 0.92 ac (40,118 SF)
APN 004894000A0010000
UPID US83-0704759
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
  • Rodeo Goat Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$922k
Blend (final) Blend
$685k
Owner & transaction history
MARKET CENTER BLVD LLC
MARKET CENTER BLVD LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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