Wallis Bank & Mediterranean Grill — Sale in Richardson, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Richardson, TX 75080
- Year built: 1979
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the exclusive opportunity to acquire Wallis Bank & Mediterranean Grill, one of five retail assets comprising the Campbell Way Center Portfolio in Richardson, Texas. Investors may acquire this property individually or combine it with one or more adjacent properties within the Campbell Way Center Portfolio to create a larger institutional-quality retail investment. Situated along North Central Expressway (US-75), the property benefits from exceptional freeway visibility, strong daily traffic counts, and a highly educated, affluent consumer base. Anchored by Wallis Bank and complemented by Mediterranean Grill, the asset provides stable cash flow through long-term triple-net leases from a prominent bank anchor and complementary restaurant tenant while occupying a highly visible corner location in one of Richardson's premier retail corridors. Investment Highlights: • INSTITUTIONAL-QUALITY PORTFOLIO OPTIONALITY • PREMIER TELECOM CORRIDOR LOCATION • BANK-ANCHORED CORNER LOCATION • EXCEPTIONAL FREEWAY VISIBILITY & ACCESS
Market Context
This retail in Richardson, TX is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1979. Compare it against other retail listings for sale in Richardson, TX — view the full market.
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: multiple brokerage reports, Q4 2025.
Its 6.0% asking cap rate is below the Dallas / Fort Worth retail market average of about 6.8%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Dallas / Fort Worth?
- About 6.8% as of Q4 2025, per multiple brokerage reports.
- Is the Dallas / Fort Worth retail market tightening or softening?
- Vacancy is around 5.0%, with asking rents rising year over year (Q4 2025).
Contact
- Chris Gainey · (817) 932-6122 · chris.gainey@marcusmillichap.com
- Philip Levy · (972) 755-5225 · philip.levy@marcusmillichap.com
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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