5215 Singing Hills DrDallas, TX 75241

For Sale
Call for price

High-yield QSR/Restaurant investment. 5-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 2,400-square-foot freestanding restaurant building situated on 0.24 acres in Dallas, Texas. The property, located at 5215 Singing Hills Drive, 75241, enjoys a prime location within a growing area of the city. The building underwent a complete renovation in 2021 and is currently 100% occupied under a single-tenant net lease agreement. The tenant, Kliff Klub Breakfast Klub, is an established operator with a history dating back to 1980, having recently relocated and expanded from a nearby location. The current lease has approximately five years remaining, extending to March 2029, providing investors with stable, predictable income. The property boasts prominent pylon signage and generates a net operating income (NOI) of $58,730, resulting in an attractive 8.40% capitalization rate. This offering presents a compelling opportunity for investors seeking a strong-performing, net-leased asset in a desirable Dallas market. The property is classified as retail, with a QSR/Fast Food and Restaurant subtype.

Highlights

  • 2,400 SF freestanding restaurant building on 0.24 acres in Dallas, TX.
  • Fully renovated in 2021.
  • Established tenant (since 1980) under a net lease through March 2029.
  • $58,730 annual NOI, 8.40% cap rate.
  • Prominent pylon signage.

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.68203754501
Longitude
-96.802787678823
5215 Singing Hills Dr, Dallas, Texas

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5215 Singing Hills Dr
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