Restaurant Space For
For Sale
Contact for pricing
2735 Bay Area Blvd, Houston, TX 77058
5,176 SF restaurant space available for immediate recapture.
Property Size5,176 SF
Price / SF$309.12
Days on Market211
Property Features for 2735 Bay Area Blvd
General Information
Standard status
Active
Size
5,176 SF
Property subtype
Retail
Building Details
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
DuWest Realty
Listed By:
Campbell Anderson · License #648151-B
(915) 433-4853
Source:
Crexi
Added: Mar 26
Changed: Oct 21
Last Checked: Oct 20 at 5:07PM
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 DuWest Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 5,176 square foot second-generation restaurant space is available for sale. The property fronts Bay Area Boulevard. The space is currently tenant-occupied but can be recaptured immediately. All furniture, fixtures, and equipment will remain in the space.
Key Highlights
- ±5,176 SF 2nd Gen Restaurant For Sale
- Fronting Bay Area Blvd
- Tenant currently operating, can be recaptured immediately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,659
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,593,180
$1.6M
Cap Rate 7%
$1,137,986
$1.1M
Cap Rate 9%
$885,100
$885.1K
Market Conditions
NOI Build-Up for 5,176 SF
Gross rent
$111.8K $21.60/SF
− Vacancy
−$5.6K −$1.08/SF
EGI
$106.2K $20.52/SF
− OpEx
−$26.6K −$5.13/SF
NOI
$79.7K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,593,180
Cap Rate 7%
$1,137,986
Cap Rate 9%
$885,100
Alternative Uses
Best Use
Specialty Retail
$1.14M
$995.7K – $1.33M
NOI $79,659 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,168 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77058, TX
19,442
Population
11,203
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
2,315
Density / Sq Mi
$66,471
Median Household Income
$51,423
Median Earnings
$1,362
Median Rent
$244,800
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 Houston, TX
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 5,176 SF restaurant space available for immediate recapture.
Where is this conventional restaurant located?
The property is located at 2735 Bay Area Blvd Houston, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: ±5,176 SF 2nd Gen Restaurant For Sale; Fronting Bay Area Blvd; Tenant currently operating, can be recaptured immediately
