Leased Retail and Restaurant
200 S Kaufman Street Unit #A B C Ennis, TX 75119
200 S Kaufman Street Unit #A B C, Ennis, TX, 75119
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For Sale
Contact for pricing
Fully leased multi-unit storefront building with commercial-grade kitchen equipment along a heavily traveled corridor.
Property Size3,540 SF
Price / SF$381.36
Days on Market31
Property Features for 200 S Kaufman Street Unit #A B C
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
City Real Estate
(972) 938-1090
Listed by
Amelia Valdez · License #TX 579294
Source
Crexi
Added: Jun 22 Updated: Jul 22 at 11:01AM Checked: Jul 22 at 11:01AM
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 City Real Estate
Investment Insights
Based on property information with market context.
200 S Kaufman Street Unit #A,B,C is a thoughtfully renovated commercial property featuring multiple income-producing units, currently 100% leased. Lease terms extend approximately two more years, providing near-term stability for an investor. Interior improvements include custom rustic design elements and high-end finishes, along with commercial-grade kitchen equipment that is set to convey with the sale.
The property is positioned along the highly visible and heavily traveled Kaufman Street corridor, described as one of the city’s primary gateways into Ennis. The listing notes continued corridor improvements and convenient day-to-day access associated with the thoroughfare.
In addition to the existing units, the property includes an additional development lot with capacity for two additional incubator-style commercial units. The extra land also offers flexibility for expanded parking to support future growth.
The property is positioned along the highly visible and heavily traveled Kaufman Street corridor, described as one of the city’s primary gateways into Ennis. The listing notes continued corridor improvements and convenient day-to-day access associated with the thoroughfare.
In addition to the existing units, the property includes an additional development lot with capacity for two additional incubator-style commercial units. The extra land also offers flexibility for expanded parking to support future growth.
Key Highlights
- Built in 1986: fully leased multi‑unit storefront building with multiple income‑producing units
- 100% leased with established tenants; lease terms extend approximately two more years
- Commercial‑grade kitchen equipment will convey with the sale
Local 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 | $88.4k | $24.96 |
| − Vacancy | −$4.0k | −$1.12 |
| EGI | $84.4k | $23.84 |
| − OpEx | −$21.1k | −$5.96 |
| NOI | $63.3k | $17.88 |
3,540 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$904.1K
$791.1K – $1.05M
NOI $63,287 @ 7.0% cap · market cap 4.69%
Second Best
Retail
$839.4K
$734.5K – $979.3K
NOI $58,758 @ 7.0% cap · market cap 4.35%
Theoretical Best
Multifamily LT 5
$38.63M
$33.80M – $45.07M
NOI $2,703,906 @ 7.0% cap · market cap 200.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Faded Blvd
Barber Shop
Señor Crab
Restaurant
Farmers Insurance - Brisa ...
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Ennis Florist — 203 E Ennis Ave, Ennis, TX 75119
FAQs
What type of property is this?
Storefront property - Fully leased multi-unit storefront building with commercial-grade kitchen equipment along a heavily traveled corridor.
Where is this storefront property located?
The property is located at 200 S Kaufman Street Unit #A B C Ennis, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Built in 1986: fully leased multi‑unit storefront building with multiple income‑producing units; 100% leased with established tenants; lease terms extend approximately two more years; Commercial‑grade kitchen equipment will convey with the sale
