Property Name

Cafe Brazil

GLA 3,250 SF

Percent Leased 100% Leased

Property Description

Café Brazil is a 3,250 square foot retail asset situated on 28,114 square feet of land in the DFW submarket of Richardson, Texas. Located approximately 20 minutes north of Downtown Dallas, the Property sits at the intersection of US Highway 75 (North Central Expressway) and Campbell Road within the Telecom Corridor, one of the densest high-tech business areas in the nation.  Café Brazil’s lease features attractive 8.0% and 11.0% rent escalations in 2021 and 2023, respectively.  The Property includes AT&T Tower and AT&T Ground cell tower antenna leases which represent more than $28,000 of additional income.  Additionally, the AT&T Tower lease has annual 3.0% escalations.  The building’s roof was replaced in 2015 and carries a 12-year, transferable guarantee.  Positioned directly on the US Highway 75 service road, Café Brazil benefits from convenient access from the freeway, Campbell Road and Alamo Road, as well as complementary neighboring tenants such as Kolache Factory, Wallis Bank, Venture X Coworking, Kung Fu Tea, Mattison Avenue Salon Suites & Spa, Burning Rice, Palapas Seafood Bar, Uptown Cheapskate and Pho Corner, among others.