603 N Cockrell Hill Rd - Restaurant FOR SALE


Duncanville, TX 75116
$3,500,000 USD
949-698-1105
603 N Cockrell Hill Rd, Duncanville, TX for Sale
$3,500,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

603 N Cockrell Hill Rd
Duncanville, TX 75116


HIGHLIGHTS

  • Corner Parcel | Office & Retail Zoning | Interstate 20 (191,100 VPD) |Excellent Visibility | Street Frontage | Large 2.20+ Acre Parcel
  • Dominant Retail Corridor | Strong National & Regional Retailers |Wheatland Towne Crossing | Positioned Near Downtown Dallas
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding restaurant property located in Duncanville, Texas (Dallas MSA). The property is currently leased to Red Lobster paying rent through December 2026, at which point the tenant will vacate the premises. The property consists of a 8,356 SF building on 2.21 acres and is zoned General Office And Retail District: GOR, providing a wide range of office, professional, commercial, and retail uses. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable retail corridor with direct access to major residential communities, strong national and credit tenants, schools, and key commuter routes. The Olive Garden adjacent to this property has a strong ranking on Placer.ai, placing it in the 71st percentile across all stores nationwide and 68th percentile in Texas specificly, a strong indication for this property’s potential with the right Tenant.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$419 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Former Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

191

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

GOR

APN/PARCEL ID

220137000A03A0000

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949-698-1105

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Winston GuestSRS National Net LeaseMore Info
949-698-1105

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