Listed by FIMC Commercial Realty
$625,000
Broken Horn Steakhouse
Details
Property Type Retail
Sub Type Restaurant
Square Footage 12,000
Cap Rate 11.36%
NOI $71,000
Tenancy Single
Price per SqFt $52
Class B
Year Built 1986
Acreage 2.000
Investment Type Owner/User
Ground Lease No
Retail | 11.36% CAP | 12,000 SqFt
Marketing description
Broken Horn Steakhouse is positioned as a full-service steakhouse and event-oriented hospitality asset in Perryton, Texas. Based on the deal inputs previously provided, the offering is underwritten on an illustrative real estate price basis of $625,000 and trailing net operating income of approximately $71,000. On that basis, the implied real estate cap rate is approximately 11.36%, creating a compelling yield profile for investors seeking a small-market hospitality asset with in-place cash flow, owner-operator appeal, and potential upside through food and beverage optimization, events, and operating efficiencies.
Investment highlights
- Price $625,000
- Provided NOI basis of approximately $71,000
- Cap rate of about 11.36%
- Restaurant and event-venue positioning
- Service area draw with Perryton / Ochiltree County
- Potential owner-user or passive investment play
Listing Contacts
Listed by FIMC Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,000.00
$5,916.67/mo
Valuation Metrics
0
DSCR
11.36%
Cap Rate
11.36%
ROI
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