Drive-Through Restaurant
For Sale
$999,900
313 Castle Drive, Garland, TX 75040
For sale drive-through restaurant property in Garland, Texas, suited for quick-service and grab-and-go operations.
Property Size2,354 SF
Price / SF$424.77
Days on Market79
Property Features for 313 Castle Drive
General Information
Standard status
Active
Size
2,354 SF
Property subtype
Retail
Building Details
Year Built
1975
Listing Agency:
LANDMARK LEGACY REALTY
(469) 531-7624
Listed By:
Diana Pham · License #0639574
(469) 531-7624
Source:
Xome
Added: May 15
Changed: Jul 10
Last Checked: Jul 31 at 3:37AM
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 LANDMARK LEGACY REALTY
Investment Insights
Based on property information with market context.
313 Castle Drive in Garland, Texas presents a commercial restaurant building designed to support a drive-through concept. The property is positioned for visibility and accessibility, with a layout that can accommodate a fast-food or quick-service style operation.
The site is described as having convenient access to major thoroughfares and being surrounded by both residential and commercial areas. This practical mix of nearby uses is intended to serve everyday convenience shopping and dining needs.
For an owner-user, the building offers a functional foundation for operating a restaurant or quick-service brand with a drive-through component. For an investor, it provides a property aligned with drive-through restaurant demand and flexible future use, with the general ability to tailor the space to an operator’s model. Interested parties can review the property’s layout and site potential in person by scheduling a private tour.
The site is described as having convenient access to major thoroughfares and being surrounded by both residential and commercial areas. This practical mix of nearby uses is intended to serve everyday convenience shopping and dining needs.
For an owner-user, the building offers a functional foundation for operating a restaurant or quick-service brand with a drive-through component. For an investor, it provides a property aligned with drive-through restaurant demand and flexible future use, with the general ability to tailor the space to an operator’s model. Interested parties can review the property’s layout and site potential in person by scheduling a private tour.
Key Highlights
- Commercial drive‑through restaurant property at 313 Castle Dr in Garland, TX
- Central air and electric cooling; heating system listed as 3
- Built in 1975
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 | $56.8k | $24.12 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $54.1k | $22.96 |
| − OpEx | −$13.5k | −$5.74 |
| NOI | $40.5k | $17.22 |
2,354 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$579.1K
$506.8K – $675.7K
NOI $40,540 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.82M
$2.47M – $3.30M
NOI $197,722 @ 7.0% cap · market cap 19.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
8,041 visits/mo
0.1 miles
76
Shops & Services
1,355 visits/mo
0.1 miles
CubeSmart Self Storage
Shops & Services
1,136 visits/mo
0.2 miles
Demographics for 75040, TX
64,035
Population
21,629
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
4,079
Density / Sq Mi
$73,537
Median Household Income
$39,019
Median Earnings
$1,670
Median Rent
$245,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - For sale drive-through restaurant property in Garland, Texas, suited for quick-service and grab-and-go operations.
Where is this drive through restaurant located?
The property is located at 313 Castle Drive Garland, TX.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Commercial drive‑through restaurant property at 313 Castle Dr in Garland, TX; Central air and electric cooling; heating system listed as 3; Built in 1975
