Retail Business for Lease in Richardson, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Richardson, TX 75081

Description

1,315 SF Freestanding Restaurant (Currently Operating as Sonic) Built in 1997 Drive-Thru in Place

Market Context

This retail in Richardson, TX is listed for lease. It has been on the market for 148 days. Compare it against other retail listings for lease in Richardson, TX — <a href="/search/lease/retail/texas/richardson">view the full market</a>.

As of Q4 2025, the Dallas / Fort Worth retail market showed a 5.0% vacancy rate, average asking rents near $15.71/SF/yr, rents up 4.9% year over year, and cap rates around 6.8%. Source: Consensus Q4 2025 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Dallas / Fort Worth?
About 6.8% as of Q4 2025, per Consensus.
Is the Dallas / Fort Worth retail market tightening or softening?
Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).

Unified Estimate

Medium Confidence

$1.41/SF/mo – $1.91/SF/mo

Mid: $1.66/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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