101 N Magnolia St, Crowley, TX 76036

Building Details

Year Built

2026

Listing agent Adam Gottschalk License #TX 636961

Listing office Summit Real Estate Show Phone

Listing date Jun 8, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This freestanding restaurant property features a brand-new 2026 construction and renovation built around a century-old downtown landmark, including a new 3,000 SF addition. The facility has vaulted exposed ceilings and offers 220 seats, along with a covered outdoor patio for customer dining. The property is currently operated by Fred’s Texas Cafe.

The restaurant is positioned on the main street corridor of downtown Crowley at 101 N Magnolia St. The public remarks also reference a recent $5.6M streetscape enhancement project on the corridor.

For investors or buyers, the asset is offered as a leasehold interest under a 10-year NNN lease through January 2036. The lease includes 2.5% annual rent bumps and three separate 5-year renewal options, providing a defined hold period. Tenants and operators evaluating a long-term food and beverage site will also benefit from the established restaurant configuration, including indoor capacity and covered patio space built into the latest improvements.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Crowley

County

Tarrant

State

Texas

Longitude

-97.359996

Latitude

32.5789715

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FAQs

What type of property is this?

Conventional restaurant - Brand-new 2026 buildout on a historic landmark, operated under a long-term NN lease with covered outdoor seating.

Where is this conventional restaurant located?

The property is located at 101 N Magnolia St Crowley, TX.

What is the asking price?

The asking price for this property is $3,015,000.

What are key features of this property?

This property features: Brand‑new 2026 construction/renovation with year built listed as 2026; 10‑year NNN lease through January 2036 with 2.5% annual rent bumps; Three 5‑year renewal options included in the lease