Listed by Texas Capital Real Estate, LLC
$900,000
Restaurant for Sale
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,000
Cap Rate 5.11%
NOI $45,960
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 2
Lease Expiration 04/30/2026
Price per SqFt $450
Class B
Year Built 1960
Year Renovated 2019
Buildings 1
Stories 1
Lot Size (SqFt) 5,227
Zoning B2
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 04/15/2024
Occupancy Date 11/30/2022
Ownership 100
Sale Condition For sale by owner
Great for investment to hold in Downtown Taylor
Marketing description
Mexican restaurant open and doing well. Hwy 95 frontage in downtown Taylor. High traffic counts. Recent updates include wiring, roof, insulation, flooring & more Kitchen.
Investment highlights
Mexican restaurant open and doing well. Hwy 95 frontage in downtown Taylor. High traffic counts. Recent updates include wiring, roof, insulation, flooring & more Kitchen.
Listing Contacts
Listed by Texas Capital Real Estate, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,960.00
$3,830.00/mo
Valuation Metrics
0
DSCR
5.11%
Cap Rate
5.11%
ROI
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