Freeway-Adjacent Restaurant Opportunity in
12733 Lyndon B Johnson Freeway Garland, TX 75041
For Sale
$1,400,000
Second-generation restaurant space with high visibility and existing infrastructure.
Property Size5,440 SF
Price / SF$257.35
Days on Market96
Property Features for 12733 Lyndon B Johnson Freeway
General Information
- Standard status
- Active
- Size
- 5,440 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing Agency:
MRA, REALTORS
(214) 642-3723
Listed By:
Robert Alvarez · License #0352949
(214) 642-3723
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 2:29PM
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 MRA, REALTORS
Investment Insights
Based on property information with market context.
This second-generation restaurant space is located at 12733 LBJ Freeway in Garland, offering frontage along LBJ Freeway (I-635) with immediate access and strong daily traffic exposure. Formerly a full-service restaurant, the 5,440 square foot space features a fully built-out kitchen, including a vent hood, walk-in cooler, and walk-in freezer. The existing infrastructure makes this an opportunity for restaurant, fast-casual, or food-service operators. Positioned at the corner of LBJ Freeway and Northwest Highway, the site benefits from visibility, signage opportunities, and freeway connectivity. The property is surrounded by residential neighborhoods and a commercial base, supporting customer traffic, delivery demand, and brand recognition. This location is intended for use as a restaurant.
Key Highlights
- Exceptional frontage and visibility on LBJ Freeway (I‑635) with immediate access.
- Fully built‑out kitchen with vent hood, walk‑in cooler, and walk‑in freezer.
- Strategically located at the corner of LBJ Freeway and Northwest Highway.
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 | $131.2k | $24.12 |
| − Vacancy | −$6.3k | −$1.16 |
| EGI | $124.9k | $22.96 |
| − OpEx | −$31.2k | −$5.74 |
| NOI | $93.7k | $17.22 |
5,440 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,686 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.53M
$5.71M – $7.62M
NOI $456,929 @ 7.0% cap · market cap 32.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Second-generation restaurant space with high visibility and existing infrastructure.
Where is this conventional restaurant located?
The property is located at 12733 Lyndon B Johnson Freeway Garland, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Exceptional frontage and visibility on LBJ Freeway (I‑635) with immediate access.; Fully built‑out kitchen with vent hood, walk‑in cooler, and walk‑in freezer.; Strategically located at the corner of LBJ Freeway and Northwest Highway.
