Property History
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The opportunity is for a 6,965 SF freestanding/operating American steakhouse/restaurant/bar in Victoria, TX. The location of this restaurant presents an excellent investment opportunity for the buyer of this property. The property is currently being operated as a 5D Steakhouse and everything conveys with sale except 5D signage and a few personal items inside. The restaurant has a seating capacity of 279 and a large parking lot. The property is being sold as is and will be delivered vacant. The 5D Steakhouse name or likeness is not for sale, just the real estate and equipment at this location.
- Non-Contingent
- Earnest Money Deposit is 10% of the Winning Bid Amount
- Transaction Fee: 3% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit Required
4904 N Navarro St, Victoria, TX 77904
- 6,965 SF Freestanding Restaurant/Bar
- Highly Visible on Navarro St
- Highway 77B site with approx. 370 Ft of Navarro Frontage
- Surrounding retailers include Chili’s, Texas Roadhouse, Spec’s, Victory Buick GMC, Office Depot, neighborhood shopping centers, and many residential developments
- Well-Maintained and underwent a renovation in 2020 including New HVAC System and all new kitchen equipment
- Victoria continues to be on the forefront of new business and technology with strong plastic manufacturing and a medical industry which is also fueling high population growth and new development
- Victoria Is located approx. 125 miles southwest of Houston, TX
- Sale includes real estate as well as all equipment and furnishings
- Property will be delivered vacant
4904 N NAVARRO IS A 6965-SQUARE-FOOT FREESTANDING OPERATING AMERICAN STEAKHOUSE/RESTAURANT/BAR ON 1.631 ACRES IN VICTORIA, TX. THE LOCATION OF THIS RESTAURANT PRESENTS AN EXCELLENT INVESTMENT OPPORTUNITY FOR THE BUYER OF THIS PROPERTY. THE PROPERTY IS CURRENTLY BEING OPERATED AS A 5D STEAKHOUSE. EVERYTHING CONVEYS WITH SELL EXCEPT 5D SIGNAGE AND A FEW PERSONAL ITEMS INSIDE. THE RESTAURANT HAS A SEATING CAPACITY OF 279 AND A LARGE PARKING LOT. PROPERTY BEING SOLD AS IS. THE 5D STEAKHOUSE NAME OR LIKENESS IS NOT FOR SALE JUST THE REAL ESTATE AND EQUIPMENT AT THIS LOCATION. THIS LOCATION IS ALSO AVAILABLE TO LEASE. SHOWINGS AVAILABLE BY APPOINMENT ONLY AND MUST TAKE PLACE MONDAY-FRIDAY FROM 800 AM TO 1000 AM. FINANCIALS AVAILABLE UPON REQUEST WITH SIGNED CONFIDENTIALITY AGREEMENT.
HIGHLY VISIBLE NAVARRO ST. / HWY 77B SITE WITH APPROX. 370 FT OF NAVARRO FRONTAGE.
SURROUNDING RETAILERS INCLUDE CHILE’S, TEXAS ROADHOUSE, SPEC’S, VICTORY BUICK GMC, OFFICE DEPOT, NEIGHBORHOOD SHOPPING CENTERS, AND MANY RESIDENTIAL DEVELOPMENTS.
THIS PROPERTY IS WELL MAINTAINED AND UNDERWENT A RENOVATION IN 2020 INCLUDING NEW HVAC SYSTEM AND ALL NEW KITCHEN EQUIPMENT.
TURN-KEY AMERICAN STEAKHOUSE / RESTAURAT / BAR
VICTORIA CONTINUES TO BE ON THE FOREFRONT OF NEW BUSINESS AND TECHNOLOGY WITH STRONG PLASTIC MANUFACTURING AND A MEDICAL INDUSTRY WHICH IS ALSO FUELING HIGH POPULATION GROWTH AND NEW DEVELOPMENT.
VICTORIA IS LOCATED APPROX. 125 MILES SOUTHWEST OF HOUSTON, TX
SALE INCLUDES REAL ESTATE ASWELL AS ALL EQUIPMENT AND FURNISHINGS
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