Details
Property Type: Retail
Subtype: Convenience Store, QSR/Fast Food, Restaurant
Investment Type: Owner/User
Square Footage2,761
Net Rentable (SqFt): 2,761
Price/SqFt: $353.13
Year Built: 1974
Year Renovated: 2006
Buildings: 1
Stories: 1
Lot Size (sq ft): 25,082
Description
Las Banderas Restaurant is an established restaurant that was originally a Wendy’s and was converted into a meat market and restaurant concept in 2006 until 2019 when only a restaurant is functioning as a taqueria and other Latin foods.
This is particularly a unique opportunity because of its location. It’s in the heart of many shops, apartments, schools, churches, and 2 blocks from the I-45 North and a few miles from the Bush Intercontinental Airport.
The selling price includes business value also. Furniture, equipment, and book of business. The current restaurant has a liquor license.
There’s a current tenant, a money transfer service, with a month to a month lease agreement who pays $600.00. The tenant is open to negotiating a long-term lease with the market rate.
Highlights
Building and Business are included in the sales price.
Plenty of parking. 42 spaces plus a drive-through available.
Fully equipped and well-established restaurant business.
Location location location!! High density of shops, apartment complexes, and schools.
Daily Traffic count 16184 VPD.
