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Cash Cow

402 N Good Latimer Expy, & 2615 Floyd St, Dallas, TX 75204

    Listing Price

    Listing Price

    Listing Price

    $6,000,000

    Zoning

    Listing Price

    Listing Price

    PD 298 (Subarea 5)

    Building Size

    Listing Price

    Building Size

    6,930-SF

    OFFERING MEMORANDUM

    Investment Overview


    Cash Cow offers strategic exposure to Dallas’s dynamic food and beverage economy within a high growth retail submarket.​ Backed by strong metro fundamentals, deep cultural cachet, and rising consumer demand, the subject property is well positioned to deliver attractive cash flow and asset appreciation over the investment horizon.​ The subject property features an absolute triple-net lease, with the tenant responsible for CAM, insurance, property taxes, roof, and structure, with a current net operating income of $514,937.​ The lease also features annual rental escalations and a percentage rent clause.​ The tenant has also contributed a significant investment into the finish-out of the property.​


    This opportunity goes beyond a traditional bar/restaurant investment as well, offering tremendous potential for a clear path toward densification and mixed-use transformation, backed by supportive zoning (PD 298 Subarea 5), transit access, and parking-modernized regulations.​


    This investment opportunity provides strong near-term operating cash flow with an embedded optionality to continue to push rents over time on a newly constructed nightlife asset with additional passive income streams, as well as the potential for a lucrative vertical development opportunity in the future.​

    Investment Highlights


    • Listing Price: $6,000,000 | Price PSF: $865.80 | Cap Rate: 8.60%


    • Absolute NNN Investment Opportunity | NOI: $514,937


    • 6,930‑SF Bar/Restaurant Asset | 0.40‑AC | Zoned PD 298 (Subarea 5)


    • Includes Rare Income-Producing Park Lot Parcel


    • Lease Includes Percentage Rent & Annual Escalations


    • Zero Landlord Responsibilities | Significant Tenant Investment into Property


    • No Parking Requirements Under New Parking Code Amendment | Favorable Zoning for Future Development


    • Strong Demographics | Average Household Income Exceeds $117,000 in a One-Mile Radius

    402 N Good Latimer Expy, Dallas, TX, USA

    Listing Contacts

    Joe Santelli, CCIM

    Senior Director Investments

    License: TX 664135-B

    FL: SL3568387

    Phone Number: 972-755-5282

    Email: joe.santelli@marcusmillichap.com

    Contact
    • Contact Us

    The Santelli Group

    5001 Spring Valley Rd, Ste 1100W, Dallas, TX 75244

    972-755-5282

    Copyright © 2026 The Santelli Group of Marcus & Millichap - All Rights Reserved.


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