Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2440 Fm 365 Rd Port Arthur, TX 77640

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,395 /Mo ($6 SF/Yr)

    Move-in ready restaurant facility with shared infrastructure and existing franchise.

    Property size:
    2,400 SF
    Lot size:
    0.66 Acres

    Property Features for 2440 Fm 365 Rd

    General Information

    Size
    2,400 SF
    Lot size
    0.66 Acres

    We can help!

    Listing Contact
    Tammiey Linscomb
    Tammiey Linscomb
    Source: Moodyscre

    Listing Agent: Tammiey Linscomb

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

    Learn more

    Overview

    Dual Restaurant Facility For Rent

    This dual restaurant facility offers a move-in ready space suitable for various food concepts. An existing Subway franchise is in place and operating. The interior requires minimal setup. A shared dining area accommodates multiple concepts or co-tenants. A vent hood is installed, ready for cooking operations, and a walk-in cooler is in place. Shared restrooms are available. A shared grease trap is also available. Retail counters and stock shelving, along with prep equipment, are included. A three-compartment sink meets health code requirements. Signage is available for both businesses. The landlord covers utilities, including water, sewer, and electric, depending upon tenant use. This location is suitable for a quick-service restaurant, ghost kitchen, or complementary food concept looking to co-locate with an existing brand. The flexible layout with shared infrastructure lowers startup costs and simplifies operations. The property size is 2400 square feet.
    Location Intelligence

    Current Use by Public Records

    Car Wash Car Wash Crawdads Convenience Center Convenience Store Moz Grill Restaurant Exxon Gas Station ATM (Crawdads Convenience ... Atm

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -94.036978
    Latitude
    29.914299

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing
      5,900 SF

      Golden Triangle Emergency Building

      Retail/ Resturant/ Medical/Jeweraly
      8035 Memorial Dr. Unit #B or unit #C, Port Arthur, TX 77640
      View Details
    • $2,500 /Mo
      4,200 SF

      Downtown Port Arthur Warehouse Opportunity

      Historic 4,200 SF warehouse near Port of Port Arthur.
      400 Procter St, Port Arthur, TX 77640
      View Details
    • Contact for pricing
      600 SF

      Retail Development on Hwy 365

      Retail spaces available in new development on a well-traveled corridor.
      3400 Fm 365 Rd, Port Arthur, TX 77640
      View Details
    • $8 SF/Yr
      2,500 SF

      Gulfway Drive Office Suite A

      Prime Port Arthur Office Space: 2,500 SF
      5126 Gulfway Dr, Port Arthur, TX 77642
      View Details
    • $12 SF/Yr
      1,170 SF

      Gulfway Drive Executive Office Suite

      Prime Port Arthur Office Space: 1,170 SF Available
      5126 Gulfway Dr, Port Arthur, TX 77642
      View Details
    • $1.75 SF/Yr
      1,600 SF

      Memorial Blvd Retail Space For Lease

      Prime Jefferson County retail space, 1600 sq ft.
      8035 Memorial Blvd, Port Arthur, TX 77640
      View Details
    • $10 SF/Yr
      15,000 SF

      Hwy 73 Golden Triangle Warehouses

      Port Arthur, TX Warehouses - Available August 2024
      2023 H O Ml Hwy, Port Arthur, TX 77640
      View Details
    • Contact for pricing
      1,260 SF

      Retail Space in Power Center

      Retail space available in a high-traffic shopping center.
      8825 Memorial Blvd, Port Arthur, TX 77640
      View Details
    • Contact for pricing
      96,000 SF

      Port Arthur Retail Space For Lease

      1,260 SF Power Center Suite Available
      8825 Memorial Blvd, Port Arthur, TX 77640
      View Details
    • $25 SF/Yr
      1,673 SF

      Port Arthur Restaurant - 1673 SF

      Move-in ready restaurant, ample parking.
      6767 Port Arthur Rd, Port Arthur, TX 77640
      View Details
    • $0.50 SF/Yr
      2,511 SF

      Office Space in Business Center

      2,511 SF office space in a well-established business center.
      3915 Twin City Hwy, Port Arthur, TX 77642
      View Details
    • $1.60 SF/Yr
      7,400 SF

      Retail Space in Port Arthur

      7400 SF retail space available for lease.
      3300 Jimmy Johnson Blvd, Port Arthur, TX 77642
      View Details

    FAQs

    What type of property is this?
    Restaurant - Move-in ready restaurant facility with shared infrastructure and existing franchise.
    Where is this restaurant located?
    The property is located at 2440 Fm 365 Rd Port Arthur, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Existing Subway Franchise provides immediate income and customer base.; - **Move-In Ready Interior minimizes startup costs and allows for immediate operation.**; - Landlord Covers Utilities (Water, Sewer, and Electric) reduces operating expenses.
    (409) 833-5055
    Request Owner's contact information
    2440 Fm 365 Rd Port Arthur, TX 77640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2440 Fm 365 Rd
    Port Arthur, TX 77640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2440 Fm 365 Rd Port Arthur, TX 77640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tammiey Linscomb
    Tammiey Linscomb
    (409) 833-5055
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.