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Building 2 744 US Highway 75 7,746 SF 100% Leased Retail Building Richardson, TX 75080 $6,853,826 CAD ($884.82 CAD/SF) 6% Cap Rate



Investment Highlights
- Located in Richardson’s Telecom Corridor with immediate access to US-75 and regional highways.
- Fully leased to recognized operators with NNN lease structures and renewal options in place.
- Adjacent to Truck Yard, a high-profile experiential venue that amplifies foot traffic and long-term demand.
- Restaurant-driven development featuring outdoor seating, monument signage, and ample on-site parking.
- Exceptional traffic counts exceeding 279,000 vehicles per day along U.S. Highway 75 and S Central Expressway.
- Surrounded by dense residential neighborhoods and major employers including Texas Instruments and BlueCross BlueShield.
Executive Summary
Richardson Restaurant Park II offers a compelling investment opportunity within Richardson’s dynamic Telecom Corridor. This restaurant-focused development enjoys premium visibility along U.S. Highway 75, with exposure to traffic counts exceeding 279,000 vehicles per day. The property features a curated mix of dining concepts, including Dog Haus Biergarten, OMG Tacos, and Red Hot Indo-Chinese, all positioned to capture steady demand from the surrounding residential base and strong employment hubs.
The property is anchored within an experiential dining environment adjacent to Truck Yard, a destination entertainment venue that consistently attracts high visitor volume. Two 40-foot pylon signs and dedicated monument signage ensure superior visibility. Built in 2015, the asset benefits from modern infrastructure, ample parking, and shared outdoor seating areas. Leases are structured on NNN terms with established operators, providing stable income with limited landlord responsibilities.
Situated near Interstate 635 and President George Bush Turnpike, the property offers exceptional regional connectivity and access to 1.9 million people within a 30-minute drive. With a 6% cap rate and NOI of $302,807, this asset delivers strong, predictable cash flow and upside appreciation potential in one of North Texas’ most vibrant submarkets.
The property is anchored within an experiential dining environment adjacent to Truck Yard, a destination entertainment venue that consistently attracts high visitor volume. Two 40-foot pylon signs and dedicated monument signage ensure superior visibility. Built in 2015, the asset benefits from modern infrastructure, ample parking, and shared outdoor seating areas. Leases are structured on NNN terms with established operators, providing stable income with limited landlord responsibilities.
Situated near Interstate 635 and President George Bush Turnpike, the property offers exceptional regional connectivity and access to 1.9 million people within a 30-minute drive. With a 6% cap rate and NOI of $302,807, this asset delivers strong, predictable cash flow and upside appreciation potential in one of North Texas’ most vibrant submarkets.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,746 SF
Building Class
B
Year Built
2016
Price
$6,853,826 CAD
Price Per SF
$884.82 CAD
Cap Rate
6%
NOI
$411,230 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.37 AC
Zoning
F10 - Commercial
Parking
19 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
76’ on US 75 Hwy
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,567,080 CAD | |
| Land Assessment | $1,246,644 CAD | Total Assessment | $6,813,724 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,246,644 CAD
Improvements Assessment
$5,567,080 CAD
Total Assessment
$6,813,724 CAD
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Building 2 | 744 US Highway 75
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