17548 Dallas Pky - Restaurant FOR SALE
Dallas, TX 75287 |
17548 Dallas Pky
Dallas, TX 75287
HIGHLIGHTS
- Positioned 15 miles north of downtown Dallas, Carrabba’s has immediate access to Dallas North Tollway (144,229 VPD) southbound.
- This location boasts a long operating history with strong rent-to-sales ratio. Since 2019, sales have increased 32%.
- Absolute NNN lease with ±9.0 years of primary term remaining, four 5-year renewal options, and a corporate guaranty from Bloomin’ Brands, Inc.
- Each year, rent increases by the lesser of (i) 1.75% or (ii) 1.7x the CPI increase.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Carrabba's Italian Grill: Dallas, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
6747
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
118
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R-4154-002-0230-1
