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Freestanding Restaurant and Event Venue
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12910 US HIGHWAY 281 N SPRING BRANCH TX 78070-3935, Spring Branch, TX 78070

Turn-key restaurant with private second-floor bar and extensive fenced patios, stage, and event lawn.

Property Size5,109 SF
Lot Size2.21 Acres
Price / SF$411.04
Days on Market101

Property Features for 12910 US HIGHWAY 281 N SPRING BRANCH TX 78070-3935

General Information

Standard status Active
Size 5,109 SF
Class B
Lot size 2.21 Acres
Property subtype Retail
Investment Type Owner/User

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Business Included Yes

Building Details

Year Built 1982
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Caisson Real Estate Brokerage, LLC
Listed By: Adam Lippstone · License #TX
Source: Crexi
Added: Jun 29 Changed: Oct 1 Last Checked: Oct 5 at 4:03PM

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 Caisson Real Estate Brokerage, LLC

Investment Insights

Based on property information with market context.

Beefy's on the Creek is a turn-key, freestanding restaurant and entertainment venue on 2.21 acres. The 5,109 SF building includes a private second-floor event room with its own bar. The outdoor setting is fully fenced and designed for large groups, with multiple dining patios, an outdoor bar, a performance stage, a turf event lawn, and a playground.

The property is positioned at the signalized intersection of US Highway 281 and Rebecca Creek Road in Spring Branch, Texas, with signage at a high-visibility corner location.

For an operator, the configuration supports day-to-day restaurant service alongside scheduled events, thanks to the dedicated upstairs event room and the variety of outdoor programming spaces, including stage and lawn areas. The offering includes both the real estate and the turn-key business operations, allowing an incoming buyer to assume the established Beefy's brand or reposition the second-generation venue as a new concept.

Key Highlights

  • 5,109 SF freestanding restaurant and entertainment venue built in 1982
  • Includes private second‑floor event room with its own bar
  • 2.21‑acre fully fenced outdoor space with multiple dining patios and outdoor bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,275
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,465,500 $1.5M
Cap Rate 7%
$1,046,786 $1.0M
Cap Rate 9%
$814,167 $814.2K
Market Conditions
NOI Build-Up for 5,109 SF
Gross rent
$101.8K $19.92/SF
− Vacancy
−$4.1K −$0.80/SF
EGI
$97.7K $19.12/SF
− OpEx
−$24.4K −$4.78/SF
NOI
$73.3K $14.34/SF
Area
Comal County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,465,500
Cap Rate 7%
$1,046,786
Cap Rate 9%
$814,167

Alternative Uses

Best Use
Specialty Retail
$1.05M
$915.9K – $1.22M (±1% cap)
NOI $73,275 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,225 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Garden Center Kitchen & Bath Showroom Home Appliance Store Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78070, TX

20,618
Population
8,034
Households
2.6
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
133.3 sq mi
ZIP Area
155
Density / Sq Mi
$115,076
Median Household Income
$53,255
Median Earnings
$1,274
Median Rent
$469,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant with private second-floor bar and extensive fenced patios, stage, and event lawn.
Where is this conventional restaurant located?
The property is located at 12910 US HIGHWAY 281 N SPRING BRANCH TX 78070-3935 Spring Branch, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5,109 SF freestanding restaurant and entertainment venue built in 1982; Includes private second‑floor event room with its own bar; 2.21‑acre fully fenced outdoor space with multiple dining patios and outdoor bar
(210) 538-7019 Call to check price and availability
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