5014 Ross Ave, Dallas, TX 75206
For Sale
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This exceptional 2,491 square foot restaurant property, located at 5014 Ross Ave in Dallas, Texas (zip code 75206), presents a compelling investment opportunity. Built in 2024, this single-tenant retail space boasts a brand new 10-year Net Net Net (NNN) lease commencing February 1, 2024, and expiring January 31, 2034. The lease includes a favorable 2% annual rent increase. The property sits on a 0.44-acre lot and currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $153,000 and a 6.50% cap rate. The asking price is $2,355,000. This prime location in the Lower Greenville area of Dallas offers significant advantages, including high traffic counts exceeding 20,000 vehicles per day, two convenient points of entry/exit, and a densely populated submarket with a daytime population exceeding 600,000 people. The average household income within a 3-mile radius surpasses $106,000, nearly 1.5 times the national average. This represents a rare in-fill drive-thru opportunity with high barriers to entry, benefiting from explosive population growth (over 25% increase in the last five years) in this desirable East Dallas submarket.
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Bad Chicken Restaurant
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
Z59 · Dallas, TXDallas. 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.