Sandwich-Coffee Shop with
For Sale
$539,000
453 Depot St, Deport, TX 75435
Sandwich and coffee shop with a drive-through window plus climate-controlled mini storage units for additional income.
Property Size3,348 SF
Lot Size1.80 Acres
Price / SF$160.99
Days on Market14
Property Features for 453 Depot St
General Information
Standard status
Active
Size
3,348 SF
Lot size
1.80 Acres
Property subtype
Business
Site & Location
Drive-Thru
Yes
Road Access
Yes
Warehouse & Industrial
Cold Storage
Yes
Cold Storage Area
64 SF
Cooler
64 SF
Self-Storage Units
16
Additional Details
Business Included
Yes
Building Details
Year Built
2023
Listing Agency:
Keller Williams Legacy
(972) 599-7000
Listed By:
Rene Jensen · License #0687636
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 30
Changed: Aug 11
Last Checked: Aug 12 at 6:42AM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
Sandwich-coffee shop with drive-through service and an attached income component from on-site storage. The property includes a 1,600 SF building with a generous dining area, storage room, and office area, along with a drive-through window for to-go orders. A built-in 8 x 8 walk-in cooler supports food service operations.
The storage side features 16, 10 x 10 double walled, climate controlled units. The full site spans 1.8 acres and includes space to expand.
The building was constructed in 2023 and operates from 453 Depot St, Deport, TX 75435.
The storage side features 16, 10 x 10 double walled, climate controlled units. The full site spans 1.8 acres and includes space to expand.
The building was constructed in 2023 and operates from 453 Depot St, Deport, TX 75435.
Key Highlights
- 1,600 SF sandwich‑coffee shop building with dining area, storage room, office, and drive‑through window
- 8 x 8 walk‑in cooler for food prep and storage
- 16 climate controlled 10 x 10 double walled storage units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,752
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,040
$415.0K
Cap Rate 7%
$296,457
$296.5K
Cap Rate 9%
$230,578
$230.6K
Market Conditions
NOI Build-Up for 3,348 SF
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.
Gross rent
$26.9K $8.04/SF
− Vacancy
−$2.5K −$0.75/SF
EGI
$24.4K $7.29/SF
− OpEx
−$3.7K −$1.09/SF
NOI
$20.8K $6.20/SF
Area
Lamar County, TX
Vacancy
9.30%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$415,040
Cap Rate 7%
$296,457
Cap Rate 9%
$230,578
Alternative Uses
Best Use
Specialty Retail
$850.6K
$744.3K – $992.4K
NOI $59,541 @ 7.0% cap · market cap 11.05%
Second Best
Warehouse
$296.5K
$259.4K – $345.9K
NOI $20,752 @ 7.0% cap · market cap 3.85%
Theoretical Best
Hotel Hospitality
$2.52M
$2.21M – $2.94M
NOI $176,523 @ 7.0% cap · market cap 32.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75435, TX
994
Population
589
Households
1.7
Avg Household Size
43
Median Age
16%
College-Educated
85%
High-School Grad
58.3 sq mi
ZIP Area
17
Density / Sq Mi
$52,941
Median Household Income
$39,271
Median Earnings
$633
Median Rent
$110,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - Sandwich and coffee shop with a drive-through window plus climate-controlled mini storage units for additional income.
Where is this coffee shop located?
The property is located at 453 Depot St Deport, TX.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 1,600 SF sandwich‑coffee shop building with dining area, storage room, office, and drive‑through window; 8 x 8 walk‑in cooler for food prep and storage; 16 climate controlled 10 x 10 double walled storage units
