Café Brazil & Cell Tower

Price: $2,369,450
Sq. Ft.: 3,250
Cap Rate: 6.00%
Built: 1978
NNN, Ground
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Café Brazil & Cell Tower consists of a 3,250-square-foot freestanding restaurant situated on approximately 0.65 acres with an additional income-producing cell tower ground lease. The property is fully leased, providing investors with diversified income from a long-term restaurant lease and telecommunications ground lease. The asset is one of five contiguous offerings comprising the Campbell Way Center Portfolio. Investors have the flexibility to purchase this property independently or assemble multiple adjacent parcels to create a larger institutional-quality retail investment. The center benefits from outstanding freeway exposure, multiple points of ingress and egress, and enhanced visibility through four prominent pylon signs fronting North Central Expressway, creating exceptional visibility, branding opportunities, and long-term merchandising value across the Campbell Way Center Portfolio.

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.

DUAL INCOME STREAM WITH LONG-TERM CONTRACTUAL GROWTH

Diversified income stream from Café Brazil and a long-term telecommunications ground lease provides stable cash flow, contractual rental growth, and downside protection through two independent income sources.

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.