Listed by Independence Real Estate, Inc.
$2,000,000
9602 Spencer Highway, Pasadena, TX
Details
Property Type Retail
Sub Type Restaurant
Square Footage 7,505
Year Built 1963
Year Renovated 2021
Buildings 1
Stories 1
Lot Size (SqFt) 42,728
Investment Type Redevelopment
Retail | 7,505 SqFt
Marketing description
Since 1990 Tortilla’s Mexican Restaurant has been serving the finest Mexican food, and continues to give customers more than they expect, with great food and a family-friendly atmosphere. Located in high visibility/traffic location at 9602 Spencer Highway in La Porte, Texas. The restaurant retail building has approximately 7,505 square feet. The front of building has 900 square feet of cover patio. There is adequate parking along the front and the right side of the building. Price includes building, all trade fixtures and equipment, with a 42,728 sqft lot. Restaurant is still operating and will continue to operate until the property is sold to a new restaurateur.
Investment highlights
- Heavy Daytime Traffic
- Recently Renovated 2021
- Well Established Restaurant
- Flood Zone X
- Outside Patio
- Prime Retail Location
Listing Contacts
Listed by Independence Real Estate, Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Name
License
Brokerage Phone
Title
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
