Drive-Through Restaurant
313 Castle Drive Garland, TX 75040
313 Castle Drive, Garland, TX, 75040
$999,900
For Sale
$999,900
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 Market64
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 Checked: Jul 17 at 2:24 am
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
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Love seafood & chicken
Restaurant
Love's Seafood & Chicken
Restaurant
Similar For Sale Nearby
FAQs
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
