2711 N Belt Line Rd - Fast Food FOR SALE


Irving, TX 75062 | 
$3,547,000 USD
602-206-0784
2711 N Belt Line Rd, Irving, TX for Sale
$3,547,000 USD
Fast Food - FOR SALE
1/4
null | 5.85% Cap Rate

2711 N Belt Line Rd
Irving, TX 75062


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease
  • Directly North of The Irving Mall (±4.2M Annual Visitors)
  • Excellent Frontage & Visibility (±34,581 VPD)

OVERVIEW

Single-tenant Angie's drive-thru investment opportunity featuring a 20-year absolute triple-net (NNN) lease with 10% rental increases every 5 years. Angie's Food Concepts is a vertically integrated quick-service restaurant company that offers high-quality/premium food at affordable prices under their four brands: Angie's Prime Grill, Angie's Lobster, Angie's Burger, and Angie's Chicken. This location is a Super Store featuring all four concepts. Angie's currently operates ±27 locations across Arizona, Nevada, and Texas with over a dozen locations scheduled to open within the next year. This lease includes a rare, full-term personal guaranty by the founders, Tony and Roushan Christofellis. The Property has visibility and frontage off N Belt Line Rd (±34,581 VPD) and is just north of the Texas 183 TEXpress (±192,598 VPD) (Source: TxDOT, 2025). The Irving Mall, a ±1 million SF super-regional mall with ±4.2 million annual visitors and over 100 retail, dining, and entertainment options anchored by Macy's Dillard's, Burlington, and AMC Theatres, is directly south of the Property (Source: Washington Prime Group). An ALDI grocery anchored shopping center is directly across the street. Irving Market Center (±237,118 SF shopping center anchored by Ross Dress for Less, Best Buy, Harbor Freight, PetSmart and more) and Irving Towne Center (±202,405 SF shopping center anchored by Target and Anytime Fitness) are within ±3 minutes. Additional nearby national retailers include Lowe's, The Home Depot, Goodwill, Kroger, Walmart, Chick-fil-A, and more. Passport Business Park, a ±600-acre industrial development with more than ±9 million SF of existing space and ±2.7 million SF under development, is ±6 minutes west (Source: Dallas Business Journal). Dallas College North Lake Campus (±11,310 students) and MacArthur High School (±2,596 students) are within ±9 minutes (Source: Niche, US News). Dallas Fort Worth International Airport (±86 million annual passengers) is ±12 minutes away (Source: DFW Airport). This location boasts strong demographics with a 3-mile population of ±125,111 and a healthy average household income of ±$99,855 (Source: Esri).

FOR SALE DETAILS

PRICE

$3,547,000 USD

PRICE/SF

$1,079 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Angie's Food Concepts Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C-N

APN/PARCEL ID

32228420020040000

ASK ABOUT THIS PROPERTY

Ben FarthingCBREMore Info
602-206-0784

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Ben FarthingCBREMore Info
602-206-0784

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