Large Restaurant
1100 Houston Ave McAllen, TX 78501
New
1100 Houston Ave, McAllen, TX, 78501
$980,000
For Sale
$980,000
Freestanding restaurant space with separate dining areas and bar area, totaling approximately 5,637 sf.
Property Size5,637 SF
Price / SF$173.85
Days on Market2
Property Features for 1100 Houston Ave
General Information
- Standard status
- Active
- Size
- 5,637 SF
Building Details
- Year Built
- 1990
Listing agency
Dillard and Chapa Real Estate
(956) 271-2600
Listed by
Daniel A. Chapa
Source
Aregtx
Added: Jul 21 Updated: Jul 22 at 2:45AM Checked: Jul 22 at 2:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dillard and Chapa Real Estate
Investment Insights
Based on property information with market context.
This large restaurant space is available for sale (and also available for lease under MLS# 482327). The existing floor design is laid out with separate dining areas, along with a dedicated bar area, providing a functional plan for service and guest flow.
The property is offered at 1100 Houston Ave in McAllen, Texas 78501. It is positioned for operators looking for a turnkey restaurant layout rather than a blank-slate space.
The interior configuration is focused on dining and bar use, with the main improvements designed around distinct areas for guests and service.
The property is offered at 1100 Houston Ave in McAllen, Texas 78501. It is positioned for operators looking for a turnkey restaurant layout rather than a blank-slate space.
The interior configuration is focused on dining and bar use, with the main improvements designed around distinct areas for guests and service.
Key Highlights
- Freestanding restaurant space totaling approximately 5,637 SF
- Separate dining areas plus a dedicated bar area
- Building year built: 1990
Local 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 | $121.8k | $21.60 |
| − Vacancy | −$6.8k | −$1.21 |
| EGI | $114.9k | $20.39 |
| − OpEx | −$28.7k | −$5.10 |
| NOI | $86.2k | $15.29 |
5,637 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,206 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,148 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding restaurant space with separate dining areas and bar area, totaling approximately 5,637 sf.
Where is this conventional restaurant located?
The property is located at 1100 Houston Ave McAllen, TX.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Freestanding restaurant space totaling approximately 5,637 SF; Separate dining areas plus a dedicated bar area; Building year built: 1990
