Second-Generation Restaurant
New
For Sale
$1,710,000
1400 W Moore Avenue Unit B, Terrell, TX 75160
The sale combines an operating restaurant business with its underlying real estate and existing food-service improvements.
Property Size7,140 SF
Lot Size1.00 Acre
Price / SF$239.50
Days on Market6
Property Features for 1400 W Moore Avenue Unit B
General Information
Standard status
Active
Size
7,140 SF
Lot size
1.00 Acre
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
1970
Listing Agency:
The OBryan Group
(909) 996-6446
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 17
Changed: Aug 21
Last Checked: Aug 21 at 9:45AM
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 The OBryan Group
Investment Insights
Based on property information with market context.
Located at 1400 W Moore Avenue Unit B in Terrell, this restaurant property includes both the operating business and the underlying real estate. The 7,140-square-foot building was constructed in 1970 and occupies approximately one acre. Its existing layout includes a spacious dining area, buffet stations, commercial kitchen infrastructure, and related restaurant improvements.
The property offers an established restaurant configuration along W Moore Avenue, with on-site parking and access to nearby retail and residential areas. Major traffic corridors are also identified in the surrounding commercial context. The business and real estate are being sold together, with the existing restaurant setup available for continued operation or a rebranded concept.
The property offers an established restaurant configuration along W Moore Avenue, with on-site parking and access to nearby retail and residential areas. Major traffic corridors are also identified in the surrounding commercial context. The business and real estate are being sold together, with the existing restaurant setup available for continued operation or a rebranded concept.
Key Highlights
- 7,140‑square‑foot restaurant property on approximately one acre
- Operating restaurant business and underlying real estate sold together
- Existing dining area, buffet stations, and commercial kitchen infrastructure
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
$127,646
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
7.46%
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%
$2,552,920
$2.6M
Cap Rate 7%
$1,823,514
$1.8M
Cap Rate 9%
$1,418,289
$1.4M
Market Conditions
NOI Build-Up for 7,140 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
$178.2K $24.96/SF
− Vacancy
−$8.0K −$1.12/SF
EGI
$170.2K $23.84/SF
− OpEx
−$42.5K −$5.96/SF
NOI
$127.6K $17.88/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
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%
$2,552,920
Cap Rate 7%
$1,823,514
Cap Rate 9%
$1,418,289
Alternative Uses
Best Use
Specialty Retail
$1.82M
$1.60M – $2.13M
NOI $127,646 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$89.86M
$78.63M – $104.84M
NOI $6,290,208 @ 7.0% cap · market cap 367.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
237k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Dining 30%
Groceries 13%
Shops & Services 10%
Walmart
Superstores
82,006 visits/mo
0.5 miles
Brookshire's
Groceries
31,723 visits/mo
0.1 miles
Braum's Ice Cream & Dairy Stores
Dining
21,311 visits/mo
0.4 miles
McDonald's
Dining
20,760 visits/mo
0.4 miles
Murphy USA
Shops & Services
16,657 visits/mo
0.4 miles
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale combines an operating restaurant business with its underlying real estate and existing food-service improvements.
Where is this conventional restaurant located?
The property is located at 1400 W Moore Avenue Unit B Terrell, TX.
What is the asking price?
The asking price for this property is $1,710,000.
What are key features of this property?
This property features: 7,140‑square‑foot restaurant property on approximately one acre; Operating restaurant business and underlying real estate sold together; Existing dining area, buffet stations, and commercial kitchen infrastructure
