5,460 SF Restaurant For Lease | I-20 & FM 314, Van TX
Spaces
Retail | Single tenant | 5,464 SqFt
Building description
Rare opportunity to lease a +/- 5,460 SF freestanding restaurant building on +/- 3.00 acres at the interstate retail area of I-20 and FM 314 (S Oak St) in Van, Texas. Built in 2003 (metal construction), the property offers two existing TxDOT curb cuts, ample gravel parking, and city water, sewer, and electric on site, with sewer that gravity-feeds to the rear with excess capacity.
Offered on a NNN basis at approximately $90,000/year, it is ideal for a restaurant operator, convenience-store/fuel, or retail/service user that wants to open in an existing building rather than build from the ground up. This is a lease opportunity with no in-place tenant, so cap rate and NOI do not apply. Lease term and any equipment to convey are negotiable; FF&E and the existing business name are excluded unless otherwise agreed.
Located next to Love's Travel Stop, with Taco Bell, Subway, Sonic, Starbucks, and a new McDonald's nearby, the site draws steady traffic from local residents and I-20 travelers -- high visibility at one of the strongest commercial areas in Van. Cross access agreements will be needed for future development of land east of the location.
Building highlights
- +/- 5,460 SF freestanding restaurant building on +/- 3 acres (2003, metal)
- Whole-building NNN lease; ~$90,000/year, term negotiable
- Retail Interstate area of I-20 & FM 314; two existing TxDOT curb cuts
- City water, sewer (gravity-feed, excess capacity) and electric on site
- Ample parking; next to Love's Travel Stop
- Near Taco Bell, Subway, Sonic, Starbucks, new McDonald's
- Open in an existing building -- no ground-up build required
- Lease opportunity (no in-place tenant); FF&E negotiable
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