Coco Shrimp 1240 E Belt Line Rd

Coco Shrimp is an absolute triple-net (NNN), newly renovated (2024) single-tenant drive-thru asset located in the dense Dallas Forth Worth suburb of Richardson, Texas. The tenant has signed a new lease through April 2036. The lease features zero landlord responsibilities and includes 10% rent escalations every 5 years, including each of the three 5-year renewal options. The Property is an ideal single-tenant asset, designed at 3,019 square feet with a drive-thru, providing long-term residual value. Coco Shrimp benefits from frontage to Belt Line Road, a highly visible two-sided pylon sign, multiple ingress/egress points of access, drive-thru access and an outdoor patio. Neighboring notable national credit retailers including Include Target, Lowe’s, Ross, Burlington, Aldi, LA Fitness, Chick-fil-A McDonald’s, Dunkin’, and Comerica, among numerous others.