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Osaka Sushi & Grill 4350 Belt Line Rd 9 496 pi² Commerce de détail Immeuble Addison, TX 75001 6 442 838 $ CAD (678,48 $ CAD/pi²) 6,50% Taux de capitalisation



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Faits saillants de l'investissement
- 6.50% cap on $294,376 Year 1 NOI, proposed absolute NNN with no landlord obligations
- 9,496 SF freestanding restaurant on 2.085 AC, 137 parking spaces, full-building single tenant
- Operator established at the site since 2018 with $500,000+ in tenant buildout
- 2.5% annual compounding escalations plus dual personal and the business guaranty
- Addison Restaurant Row location at ~35,000 VPD with Dallas North Tollway access
- Excess land may support a future rear pad, subject to City of Addison approval
Résumé de l'annonce
Eureka Business Group is pleased to present the opportunity to acquire 4350 Belt Line Road, a 9,496-square-foot freestanding restaurant situated on a 2.085-acre site in the heart of Addison’s Restaurant Row. The property is being offered through a single-tenant sale-leaseback structure.
The proposed lease is structured as an absolute NNN lease, with the tenant responsible for real estate taxes, insurance, utilities, maintenance, HVAC, roof, and structural repairs. This structure provides the owner with a passive income stream and no day-to-day property management responsibilities.
The lease includes a five-year initial term, two additional five-year renewal options, dual guaranty support from both the operating entity and the individual owner, and 2.5% annual rent escalations. Base rent increases from $31.00 per square foot in Year 1 to $34.22 per square foot by Year 5. The operator has occupied the property since 2018 and has invested more than $500,000 in the commercial kitchen, sushi bar, dining areas, and related improvements, creating a meaningful economic incentive to remain at the location.
The property is located along Belt Line Road, which carries approximately 35,000 vehicles per day, within one of North Dallas’s most concentrated restaurant and office corridors. The site offers convenient access to the Dallas North Tollway and is within a short drive of both Addison Airport and Dallas Fort Worth International Airport. The three-mile trade area includes approximately 138,600 residents and more than 142,000 daytime employees.
The 2.085-acre parcel is oversized relative to the existing building, and the rear portion of the site may support the future development of an approximately 5,000- to 7,000-square-foot pad, subject to parking requirements, site-plan approval, and all other applicable approvals from the Town of Addison. As part of the sale-leaseback structure, the excess land may be excluded from the leased premises, allowing a buyer to pursue future development while continuing to collect income from the existing building. Buyers should independently verify all development and pad-site feasibility.
Tenant financial statements, the executed lease, and additional property photography are available to qualified buyers upon execution of a confidentiality agreement.
The proposed lease is structured as an absolute NNN lease, with the tenant responsible for real estate taxes, insurance, utilities, maintenance, HVAC, roof, and structural repairs. This structure provides the owner with a passive income stream and no day-to-day property management responsibilities.
The lease includes a five-year initial term, two additional five-year renewal options, dual guaranty support from both the operating entity and the individual owner, and 2.5% annual rent escalations. Base rent increases from $31.00 per square foot in Year 1 to $34.22 per square foot by Year 5. The operator has occupied the property since 2018 and has invested more than $500,000 in the commercial kitchen, sushi bar, dining areas, and related improvements, creating a meaningful economic incentive to remain at the location.
The property is located along Belt Line Road, which carries approximately 35,000 vehicles per day, within one of North Dallas’s most concentrated restaurant and office corridors. The site offers convenient access to the Dallas North Tollway and is within a short drive of both Addison Airport and Dallas Fort Worth International Airport. The three-mile trade area includes approximately 138,600 residents and more than 142,000 daytime employees.
The 2.085-acre parcel is oversized relative to the existing building, and the rear portion of the site may support the future development of an approximately 5,000- to 7,000-square-foot pad, subject to parking requirements, site-plan approval, and all other applicable approvals from the Town of Addison. As part of the sale-leaseback structure, the excess land may be excluded from the leased premises, allowing a buyer to pursue future development while continuing to collect income from the existing building. Buyers should independently verify all development and pad-site feasibility.
Tenant financial statements, the executed lease, and additional property photography are available to qualified buyers upon execution of a confidentiality agreement.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
Cession-bail
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
9 496 pi²
Classe d’immeuble
B
Année de construction/rénovation
1992/2019
Prix
6 442 838 $ CAD
Prix par pi²
678,48 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
418 679 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,10
Taille du lot
2,09 AC
Zonage
SU - Commercial Limited (CL), Town of Addison, with SUP for restaurant with alcohol sales
Stationnement
137 places (14,43 places par 1 000 pi² loué)
Façade
142’ sur Belt Line Rd
Commodités
- Enseigne sur pylône
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Osaka Sushi & Grill
- Hébergement et services alimentaires
- 9 496 pi²
- 44,09 $ CAD
- Loyer hypernet
- -
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Osaka Sushi & Grill | Hébergement et services alimentaires | 9 496 pi² | 44,09 $ CAD | Loyer hypernet | - |
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Plutôt accessible en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 10002730000030000 | Évaluation des bâtiments | 1 786 828 $ CAD |
| Évaluation du terrain | 2 583 450 $ CAD | Évaluation totale | 4 370 278 $ CAD |
Impôts fonciers
Numéro de lot
10002730000030000
Évaluation du terrain
2 583 450 $ CAD
Évaluation des bâtiments
1 786 828 $ CAD
Évaluation totale
4 370 278 $ CAD
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Osaka Sushi & Grill | 4350 Belt Line Rd
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