Operational Hookah Lounge
For Sale
$250,000
1201 Main Street #230, Allen, TX 75002
Established lounge business in a commercial building with an NNN lease and on-site parking.
Property Size5,600 SF
Price / SF$44.64
Days on Market131
Property Features for 1201 Main Street #230
General Information
Standard status
Active
Size
5,600 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Building Details
Building Size
5,600 SF
Year Built
1985
Stories
1
Units
1
Listing Agency:
United Real Estate
(972) 372-0590
Listed By:
Ramez Morris · License #0641722
Source:
Signaturere
Added: Apr 22
Changed: Aug 29
Last Checked: Aug 29 at 1:44PM
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 United Real Estate
Investment Insights
Based on property information with market context.
This operating hookah lounge business occupies a 5,600-square-foot commercial building in Allen, Texas. The premises include open parking, and the business has operated since February 2022. The sale includes the existing inventory and equipment, with no deferred maintenance reported.
The property is zoned Commercial and is subject to an NNN lease extending through February 2027, with renewal options and no rent escalations. Four employees currently staff the operation, while the tenant pays water, electricity, and internet service. The business is owned by an LLC, with no HOA, liens, or reported legal issues. Lease documents, P&L records, and tax bills are available upon request.
The property is zoned Commercial and is subject to an NNN lease extending through February 2027, with renewal options and no rent escalations. Four employees currently staff the operation, while the tenant pays water, electricity, and internet service. The business is owned by an LLC, with no HOA, liens, or reported legal issues. Lease documents, P&L records, and tax bills are available upon request.
Key Highlights
- Operating hookah lounge business established in February 2022
- 5,600 SF commercial building in Allen, Texas
- NNN lease in place through February 2027 with renewal options
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
AutoZone
Shops & Services
7,128 visits/mo
0.4 miles
Allen Eagle Food Mart
Shops & Services
5,561 visits/mo
0.1 miles
Chevron
Shops & Services
4,288 visits/mo
0.2 miles
Domino's Pizza
Dining
1,286 visits/mo
0.2 miles
Valero Energy
Shops & Services
125 visits/mo
0.1 miles
Demographics for 75002, TX
69,939
Population
24,174
Households
2.9
Avg Household Size
38
Median Age
52%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
1,860
Density / Sq Mi
$129,306
Median Household Income
$61,171
Median Earnings
$1,967
Median Rent
$403,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Hookah House Allen — 1201 E Main St #230, Allen, TX 75002
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established lounge business in a commercial building with an NNN lease and on-site parking.
Where is this bar & pub located?
The property is located at 1201 Main Street #230 Allen, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Operating hookah lounge business established in February 2022; 5,600 SF commercial building in Allen, Texas; NNN lease in place through February 2027 with renewal options
