4460 Belt Line Rd, Addison, TX 75001-4513
This exceptional freestanding restaurant building, located at 4460 Belt Line Road in Addison, Texas, presents a unique investment opportunity. The property boasts 5,844 square feet of interior space and a substantial 1,150-square-foot patio (including 680 square feet of covered area). Currently in shell condition, this allows for complete customization to suit a variety of restaurant concepts. The 1.17-acre lot (50,902 square feet) provides ample space, complemented by 97 parking spaces (a 16/1000 ratio). Key features include a grease trap and walk-in cooler/freezer, already in place. Benefitting from high visibility with Belt Line Road frontage, the property enjoys a prime location between Chuy's and Chili's, ensuring excellent exposure and foot traffic. Convenient access to the Dallas North Tollway further enhances its appeal. The asking price is $2,350,000, translating to $402.12 per square foot. This property offers significant potential for a discerning investor seeking a high-impact restaurant location in a thriving area of Addison. The zip code is 75001, and the property is situated in Dallas County.
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
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