Highlights
-TROPHY ASSET – STRONG LEASE STRUCTURE: •15 years remaining on an absolute NNN lease (no landlord responsibilities) •Corporate guarantee across 19 locations with exceptional performance •2024 unit sales: $9.78M | 7.87x EBITDAR coverage | 3.79% rent-to-sales •10% rent bumps every 5 years + three 5-year renewal options •Proven, experienced operator with strong financials •E-commerce resistant investment -PRIME LOCATION IN GROWING MARKET: •High-traffic corridor with national retailers: Walmart, Sam’s Club, Target, Home Depot, Kohl’s, and Kroger •Excellent freeway visibility and access at I-635, Regent Blvd, Belt Line Rd, and John Carpenter Fwy •Irving, TX: hub for 8,500+ companies, including 5 Fortune 500 HQs •Dallas MSA: 22 Fortune 500 companies—one of the largest concentrations in the U.S.
Description
NNN Pro Group is pleased to offer Mexican Sugar, a premier restaurant property located in the thriving economic hub of Central Texas within Dallas County, at 3215 Regent Boulevard, Irving, Texas. Built in 2020, the property sits on approximately 2.05 acres at the intersection of Interstate 635 and W. John Carpenter Freeway, just five miles east of Dallas Fort Worth International Airport. The site enjoys strong surrounding retail and dining synergy, with neighboring establishments such as Whiskey Cake Kitchen & Bar, The Home Depot, Walk-On’s, and PINSTACK Las Colinas, as well as proximity to a vibrant industrial park. Irving, situated in the master-planned Las Colinas development, is part of the dynamic Dallas–Fort Worth Metroplex. The property is secured by a 20-year triple-net (NNN) lease with Mexican Sugar Holdings, LLC, commencing on August 1, 2020. The lease includes three (3) five-year renewal options, extending the potential term to 35 years. Current annual rent is $371,250, with 10% rent escalations every five years. The lease is corporately guaranteed by Whiskey Cake Holdings, LLC, the parent company of several successful polished casual dining brands, including Whiskey Cake (9 locations), Sixty Vines (5), Ida Claire (3), and Mexican Sugar (2).
Listing Details
- Cap Rate
6%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Restaurant
- Date Listed
10/28/2025
- Ownership Info
Fee Simple
- Investment Type
Net Lease
- Net Operating Income
$371,250
Property Specifics
- Property Name
Mexican Sugar
- Year Built
2020
- Building Size
8,671 SF
- Lot Size
2.05 Ac
- Occupancy
100%