Highlights
•Completed full property renovation in 2025, including roof, kitchen, façade, parking lot, and lighting •Full personal guaranty in place for the entire lease term •Eligible for 100% bonus depreciation •No CAM cap •Tenant reports sales •Expanding concept with six operating locations across DFW
Description
Chilangos Tacos, located at 3321 W. Walnut Street in Garland, Texas, offers investors a compelling net lease opportunity backed by strong unit-level performance. Generating over $3 million in annual sales, the concept has quickly established itself as a favorite throughout the Dallas–Fort Worth metroplex. The property is secured by a 10-year NNN lease featuring a full personal guaranty from ownership, providing stable cash flow and long-term upside. Positioned in the core of Garland, the site benefits from exceptional exposure to more than 50,000 vehicles per day and a daytime population of approximately 150,000 within a three-mile radius—a dense, diverse trade area well-suited for high-volume restaurant use. Located within the **Dallas–Fort Worth metroplex—the fourth-largest in the United States—**the asset stands to benefit from continued population growth and sustained consumer demand.
Listing Details
- Cap Rate
5.07%
- Tenancy
Single
- Space Type
retail
- Sub Category
fast-food
- Date Listed
2/9/2026
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$77,250
- Ground Lease
No
Property Specifics
- Property Name
Chilangos Tacos - Garland, Texas
- Property Class
A
- No of Buildings
1
- No of Stories
1
- Year Built
1973
- Building Size
1,672 SF
- Lot Size
0.52 Ac
- Year Renovated
2025
- Zoning
Community Retail District
- Occupancy
100%