2015 Belt Line Rd Carrollton, TX 75006-5701

This exceptional investment opportunity presents a 2,835 square foot Popeyes restaurant located at 2015 E Belt Line Rd, Carrollton, TX 75006, in a high-traffic area with daily traffic counts exceeding 32,000 vehicles. The property boasts a 20-year absolute net lease with a strong franchisee tenant, providing significant financial stability. The lease features 10% rent bumps every five years, ensuring consistent income growth. A complete renovation was completed in 2024, encompassing both the exterior and interior, including the roof. This Class A property sits on a 0.56-acre lot and benefits from its prime location along a major retail corridor near Interstate-35E (179,000+ vehicles per day). The surrounding area is densely populated, with an average household income exceeding $103,000 and over 352,000 people residing within a 5-mile radius. The property's proximity to numerous established business parks, medical and regional office spaces, distribution centers, industrial and manufacturing plants, and educational institutions like RL Turner High School and the University of Texas at Dallas, ensures a large and consistent customer base. Furthermore, its location near major national retailers like The Home Depot, Target, and Kroger adds to its appeal. The property's Net Operating Income (NOI) is $155,000, resulting in a 5.25% cap rate. The lease expires on September 30, 2044, offering a remaining term of approximately 19.9 years. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential. The building was originally constructed in 1975.