Investment Overview

Marcus & Millichap is pleased to offer for sale Razzoo’s located at 1414 Market Place Boulevard in Irving, Texas. Razzoo’s is a long-term tenant operating under a corporate-guaranteed, absolute NNN lease. This lease structure provides investors with fee simple ownership and eliminates landlord responsibilities. The tenant is responsible for all common area maintenance, property taxes, insurance, and the upkeep of the premises, which ensures a truly passive and reliable income stream. The freestanding building features a modern and well-maintained restaurant design, complete with ample parking and a welcoming outdoor patio. It is located on Market Place Boulevard, offering excellent visibility and direct access to Interstate 635, which experiences an average daily traffic count of 116,617 vehicles. This location benefits from high vehicular traffic and convenient connectivity to nearby neighborhoods and commercial centers. The property is situated within MacArthur Marketplace, a high-traffic shopping center anchored by national retailers including Walmart, Sam’s Club, Kohl’s, PetSmart, and Patel Brothers. This strong tenant mix generates significant cross-shopping activity. The surrounding retail corridor includes a wide range of investment-grade and credit tenants such as Target, Best Buy, Kroger, Dick’s Sporting Goods, Home Depot, T.J. Maxx, and HomeGoods. A key advantage of this location is its proximity to Dallas/Fort Worth International Airport, one of the busiest airports in the world, serving nearly 90 million passengers annually. The airport's continuous flow of travelers, employees, and related businesses greatly enhances consumer traffic in the area. Additionally, the property is surrounded by master-planned residential communities that feature more than 14,000 single-family homes and over 21 multifamily developments spanning over 2,000 acres. This ongoing residential growth supports consistent local patronage and sustained demand for casual dining and retail amenities.