Filipino Restaurant for
909 Spring Creek Parkway Plano, TX 75023
For Sale
$110,000
COMMERCIAL - Plano, TX
Property Size1,425 SF
Lot Size0.03 Acres
Price / SF$77.19
Days on Market110
Property Features for 909 Spring Creek Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 1,425 SF
- Lot size
- 0.03 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2017
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Concrete
- Roof type
- Composition
Listing Agency:
Herald Realty, LLC
(972) 955-4551
Listed By:
Hermel Videna · License #0726763
(972) 792-0004
Added: Apr 6
Changed: Jun 12
Last Checked: Jul 24 at 11:06PM
MLS# 21158506
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A well-established Filipino restaurant built to invite repeat visits, offered for sale with its cafeteria-style setup and cozy, relaxed interior. The layout is designed for patrons to sample a variety of specialties in one sitting, creating an efficient service experience while maintaining a welcoming, hospitality-focused atmosphere. The kitchen is equipped with updated equipment and includes ample space to support day-to-day operations.
Located at 909 Spring Creek Parkway in Plano, Texas, the business benefits from strong local interest in diverse cuisines. The restaurant opened in 2017 and has built a following since then, positioned within a larger Dallas–Fort Worth-area customer base.
This is an appealing acquisition for entrepreneurs and business-minded operators looking for a turnkey restaurant concept with a proven run since 2017 and a functional, guest-friendly cafeteria format. With an updated kitchen environment and a practical dining flow, it supports both experienced restaurateurs and new owners seeking a focused food and hospitality operation.
Located at 909 Spring Creek Parkway in Plano, Texas, the business benefits from strong local interest in diverse cuisines. The restaurant opened in 2017 and has built a following since then, positioned within a larger Dallas–Fort Worth-area customer base.
This is an appealing acquisition for entrepreneurs and business-minded operators looking for a turnkey restaurant concept with a proven run since 2017 and a functional, guest-friendly cafeteria format. With an updated kitchen environment and a practical dining flow, it supports both experienced restaurateurs and new owners seeking a focused food and hospitality operation.
Key Highlights
- Filipino restaurant established in 2017 with a well‑established customer following
- Cafeteria‑style setup designed for patrons to sample various specialties in one sitting
- Kitchen includes updated equipment and ample workspace for efficient operations
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.9k | $9.72 |
| − Vacancy | −$651 | −$0.46 |
| EGI | $13.2k | $9.26 |
| − OpEx | −$3.3k | −$2.32 |
| NOI | $9.9k | $6.95 |
1,425 SF · lease $9.72/SF/yr · vacancy 4.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$141.4K
$123.8K – $165.0K
NOI $9,900 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$328.2K
$287.2K – $382.9K
NOI $22,974 @ 7.0% cap · market cap 20.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Care Clinic
Medical Clinic
Alcoholics Anonymous
Social Service Agency
Legacy Group
Social Service Agency
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Spa & Massage Center
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Training Center
FAQs
What type of property is this?
Conventional restaurant - Well-established Filipino restaurant with a cafeteria-style dining flow and updated kitchen equipment, ready for new ownership.
Where is this conventional restaurant located?
The property is located at 909 Spring Creek Parkway Plano, TX.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Filipino restaurant established in 2017 with a well‑established customer following; Cafeteria‑style setup designed for patrons to sample various specialties in one sitting; Kitchen includes updated equipment and ample workspace for efficient operations