9069 Vantage Pt Dr Dallas, TX 75243-3581
This exceptional 7,698-square-foot, vacant restaurant building presents a unique investment opportunity in Dallas, Texas. Previously occupied by a Red Lobster, this second-generation space offers a turnkey solution for a quick-service restaurant (QSR) or similar concept. Built in 2012, the property boasts a covered patio, a fully functional vent hood, and grease trap, significantly reducing start-up costs for prospective tenants. Situated on a sizable 1.90-acre lot (approximately 82,677 square feet), the property provides ample private parking for customers and employees. The building benefits from excellent visibility due to its large pylon sign and strategic location on a heavily trafficked thoroughfare directly off I-635 Service Road. The property is zoned as Mixed Use District 3, offering flexibility for various commercial uses. Its proximity to major employers like Texas Instruments, Richland College, and Medical City ensures a robust customer base. The asking price is $2,500,000, translating to $275 per square foot. This is a rare opportunity to acquire a well-located, fully equipped restaurant building in a high-growth area of Dallas.
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
Z151 · 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.