Freeway-Adjacent Restaurant Opportunity in
For Sale
$1,400,000
12733 Lyndon B Johnson Freeway, Garland, TX 75041
Second-generation restaurant space with high visibility and existing infrastructure.
Property Size5,440 SF
Price / SF$257.35
Days on Market102
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 31 at 1:47PM
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 46%
Hotels & Casinos 2%
Electronics 1%
Braum's Ice Cream & Dairy Stores
Dining
19,417 visits/mo
0.3 miles
RaceTrac
Shops & Services
16,798 visits/mo
0.2 miles
Starbucks
Dining
9,672 visits/mo
0.1 miles
Exxon
Shops & Services
9,363 visits/mo
0.5 miles
Chili's Grill & Bar
Dining
8,731 visits/mo
0.4 miles
Demographics for 75041, TX
32,219
Population
10,378
Households
3.1
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
7.9 sq mi
ZIP Area
4,078
Density / Sq Mi
$68,692
Median Household Income
$35,027
Median Earnings
$1,368
Median Rent
$214,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
