$3,000,000
Corner Hooters with AMAZING visibility
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,922
Cap Rate 6.20%
NOI $185,000
Tenancy Single
Brand/Tenant Hooters
Lease Type NNN
Lease Expiration 10/31/2028
Remaining Term 2.3
Rent Bumps Yes
Lease Options Four (4) @ Five (5) Years
Acreage 0.780
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
SUPER High traffic corridor | 6.20% CAP
Marketing description
This Hooters restaurant property offers a rare NNN investment opportunity in North Richland Hills, Texas. The property features a franchisee operator with over 100 units, demonstrating strong operational expertise and financial stability. Located on an extremely high-traffic corridor along Grapevine Hwy with 33,868 vehicles per day, the restaurant generates approximately $45,000 in weekly sales. The tenant has been operating at this location for more than 20 years, showcasing long-term stability and commitment to the site.
Investment highlights
- Rent can be renegotiated based on unique stipulation for option period
- Been there 20+ years
- Extremely high traffic corridor
- 45k weekly sales and 100+ unit operator
- VERY STRONG VPD
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$185,000.00
$15,416.67/mo
Valuation Metrics
0
DSCR
6.17%
Cap Rate
6.17%
ROI
Map
Zoning
C-2 CommercialSpecial CommercialCommercial
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View all 247 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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