Taqueria & Tamaleria Nuevo Leon & Paleteria Nuevo Leon

Price: $3,300,000
Sq. Ft.: 6,000
Cap Rate: 6.00%
Built: 1979
NNN
VIEW PACKAGE

Taqueria & Tamaleria Nuevo Leon & Paleteria Nuevo Leon is a 6,000-square-foot, two-tenant restaurant property situated on approximately 0.57 acres in Richardson, Texas. The asset is fully leased to two complementary food concepts operated under common ownership, creating a complementary food destination, with both leases backed by personal guarantees. The property features an exclusive outdoor patio area that enhances the customer experience and provides exclusive outdoor seating that enhances the customer experience and supports increased sales volume. Combined with excellent visibility, multiple points of ingress and egress, and four prominent pylon signs along North Central Expressway, the property offers exceptional exposure and long-term merchandising value. As one of five contiguous offerings within the Campbell Way Center Portfolio, investors have the flexibility to acquire this asset independently or assemble multiple adjacent properties into a larger institutional-quality retail investment.

Campbell Way Center is strategically positioned along North Central Expressway (US-75) at Campbell Road in Richardson, one of the Dallas-Fort Worth metroplex’s premier retail and employment corridors. The portfolio is located within Richardson’s nationally recognized Telecom Corridor, home to more than 25 million square feet of office space, approximately 130,000 employees, and thousands of technology, healthcare, financial services, telecommunications, and defense companies. Major employers including State Farm, Blue Cross Blue Shield of Texas, Texas Instruments, Raytheon, Cisco, RealPage, Lennox, GEICO, and AT&T generate one of the strongest daytime employment populations in North Texas, providing consistent demand for restaurants, service retailers, and neighborhood retail. The property also benefits from immediate access to US-75, President George Bush Turnpike, and I-635, providing outstanding regional connectivity throughout the Dallas-Fort Worth Metroplex.

 

INSTITUTIONAL-QUALITY PORTFOLIO OPTIONALITY

One of five contiguous retail assets within the Campbell Way Center Portfolio. Investors may acquire this property individually or assemble multiple assets to create a larger institutional-quality investment in one of Richardson’s premier retail corridors.

SIGNIFICANT MARK-TO-MARKET RENT UPSIDE

Current retail rents remain below today’s market, providing investors the opportunity to increase NOI through future lease renewals while benefiting from contractual annual rent escalations in the existing leases.

PREMIER TELECOM CORRIDOR LOCATION

Located within Richardson’s nationally recognized Telecom Corridor, home to more than 25 million square feet of office space, approximately 130,000 employees, and many of North Texas’ largest technology, healthcare, financial, and defense employers.

EXCEPTIONAL FREEWAY VISIBILITY & ACCESS

Prominent frontage along North Central Expressway (US-75) with exposure to more than 237,000 vehicles per day, multiple points of ingress and egress, and portfolio-wide visibility enhanced by four pylon signs fronting the freeway.

SURROUNDED BY DESTINATION RETAIL & MULTIFAMILY

Walking distance to Canyon Creek Shopping Center and Richardson Plaza, featuring La La Land Coffee, CAVA, Torchy’s Tacos, Chick-fil-A, First Watch, Velvet Taco, Snappy Salads and numerous other high-performing restaurants, while also benefiting from nearby luxury apartment communities that continue to expand the area’s customer base.

IRREPLACEABLE INFILL REAL ESTATE

Located within one of DFW’s most established retail corridors where limited available land, mature surrounding development, and strong barriers to entry support long-term occupancy, rental growth, and asset appreciation.

PERSONALLY GUARANTEED RESTAURANT TENANCY

Fully leased to two complementary restaurant concepts under common ownership, with both leases backed by personal guarantees. The exclusive patio provides additional outdoor seating and enhances the property’s destination appeal.