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).