RE/MAX Edge
Listed by REMAX EDGE, RE/MAX Edge
$2,299,000
365 Atlantic Avenue
Details
APN 2009-62-140-00-0019-0
Property Type Retail
Sub Type Restaurant, Other
NOI $41,020
Year Built 1918
Buildings 3
Acreage 0.237
Parking Spaces spaces
Retail
Marketing description
Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $146,888, delivering a 6.39% cap rate at a $2.3M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Listing Contacts
RE/MAX Edge
Listed by REMAX EDGE, RE/MAX Edge
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
$41,020.00
$3,418.33/mo
Valuation Metrics
0
DSCR
1.78%
Cap Rate
1.78%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
