133 W Princeton Dr - Freestanding FOR SALE


Princeton, TX 75407- Rowlett/Wylie
$2,600,000 USD
214-697-1742
133 W Princeton Dr, Princeton, TX for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/49
null | Request Cap Rate

NEW


133 W Princeton Dr
Princeton, TX 75407
Rowlett/Wylie


HIGHLIGHTS

  • Unique cultural ambiance, destination dining spot, with Seller Discretionary Earnings of $285,000 per year.
  • Well located off Hwy 380 on half an acre. Benefit from thousands of daily commuters and shoppers—plus ongoing road expansion.
  • Well maintained building, just needs the fire sprinkler added for expansion. Princeton’s booming population creates strong demand for dining.

OVERVIEW

Prime Restaurant Real Estate Opportunity in Princeton, TX Located directly off the expanding Hwy 380 corridor, this high-visibility property offers a rare chance to own commercial real estate in one of the fastest-growing suburbs of Dallas. The asking price reflects the value of the real estate only—however, buyers have the option to take over the existing restaurant business, Las Rocas Mexican Cuisine, as a turnkey bonus. Property Highlights • Strategic Location: Positioned on Princeton Rd/Hwy 380, currently undergoing expansion to support rapid growth. • Explosive Market Growth: Princeton, TX (ZIP 75407) saw a 30.6% population increase from July 2023 to July 2024, now exceeding 37,000 residents—making it the fastest-growing city in the U.S. • Underserved Restaurant Scene: Limited dining options create strong demand and opportunity for new concepts. • High Visibility & Accessibility: Easy access to major employment hubs in North Dallas and Plano; ideal for attracting upwardly mobile professionals. • Fully Equipped: Sale includes all existing furniture, fixtures, and equipment—ready for immediate use or rebranding. Optional Business Bonus Since 2006, Las Rocas Mexican Cuisine has operated as a beloved local favorite with a loyal customer base and consistent revenue. Seller Discretionary Earnings average $285,000 annually. Buyers may choose to continue operating Las Rocas or launch a new concept using the existing infrastructure. Local Dining Landscape • Independent Favorites: Las Rocas Mexican Cocina, Jocy’s Restaurant, La Bella Italian Grill & Pizzeria, Scrambler Cafe, China Wok • National Chains: Whataburger, Wendy’s, Panda Express, Chipotle, Firehouse Subs, Taco Bueno, Dairy Queen With strong demographics, a booming location, and a fully outfitted space, this offering is ideal for investors or restaurateurs seeking a strategic foothold in North Texas. Contact us today to learn more about this exceptional real estate opportunity—with or without the business.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$693 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

Commercial

APN/PARCEL ID

R-9620-00A-0020-1

ASK ABOUT THIS PROPERTY

Shawna KingKing RealtyMore Info
214-697-1742

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Shawna KingKing RealtyMore Info
214-697-1742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.