400 South Record — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dallas, TX 75202

Description

The second-generation restaurant opportunity within this landmark property welcomes guests from Young Street with a dazzling gold entrance and a grand spiral staircase. The 5,795-squarefoot space has long been known for its gorgeous mid-century flair, gilded ceilings, timeless interior designs and welcoming vibe. Previously recognized as Eater’s most gorgeous restaurant of 2017, the space is move-in ready and in pristine condition. Conveniently located at Record and Young Streets, guests have access to nearby parking under same ownership.

Market Context

This retail in Dallas, TX is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Dallas, 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.

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).

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