Turnkey Retail Store with
For Sale
Contact for pricing
318 N Main St, Maypearl, TX 76064
Fully equipped retail store with ADA restroom, walk-in beer cooler, and drive-thru window for customer-friendly service.
Property Size2,000 SF
Price / SF$250
Days on Market58
Property Features for 318 N Main St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
2022
Listing Agency:
Grizzly Real Estate
Listed By:
Cody Creamer · License #TX 9015675
Source:
Crexi
Added: Jun 16
Changed: Aug 12
Last Checked: Aug 12 at 11:45AM
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 Grizzly Real Estate
Investment Insights
Based on property information with market context.
This fully equipped, turnkey retail store is designed for immediate operation. The space includes a drive-thru window, a large walk-in beer cooler, and a frozen margarita station, along with a dedicated wine room. Multiple glass-door coolers and fully stocked shelving support a ready-to-sell product display. Front-of-house operations are supported by a custom checkout counter with POS system, plus a locking display case for controlled merchandising. Security cameras are included, and the property offers an ADA-compliant restroom.
Located at 318 N Main St in Maypearl, TX, the storefront setup is positioned for walk-in and drive-thru customers. The drive-thru feature supports convenient service without requiring customers to enter the main retail area.
With the equipment, fixtures, and merchandising components already in place, this offering is well-suited for an operator looking to open or expand a specialty retail concept that benefits from both counter service and vehicle-friendly transactions. The combination of refrigeration, product display, POS checkout, and security items helps streamline day-to-day store operation from the start.
Located at 318 N Main St in Maypearl, TX, the storefront setup is positioned for walk-in and drive-thru customers. The drive-thru feature supports convenient service without requiring customers to enter the main retail area.
With the equipment, fixtures, and merchandising components already in place, this offering is well-suited for an operator looking to open or expand a specialty retail concept that benefits from both counter service and vehicle-friendly transactions. The combination of refrigeration, product display, POS checkout, and security items helps streamline day-to-day store operation from the start.
Key Highlights
- 2022‑built fully equipped retail store with a drive‑thru window for customer‑friendly service
- Includes a large walk‑in beer cooler plus multiple glass‑door coolers
- Dedicated wine room and frozen margarita station
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
$33,197
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
6.64%
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%
$663,940
$663.9K
Cap Rate 7%
$474,243
$474.2K
Cap Rate 9%
$368,856
$368.9K
Market Conditions
NOI Build-Up for 2,000 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
$49.9K $24.96/SF
− Vacancy
−$2.5K −$1.25/SF
EGI
$47.4K $23.71/SF
− OpEx
−$14.2K −$7.11/SF
NOI
$33.2K $16.60/SF
Area
Ellis County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
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%
$663,940
Cap Rate 7%
$474,243
Cap Rate 9%
$368,856
Alternative Uses
Best Use
Retail
$474.2K
$415.0K – $553.3K
NOI $33,197 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$21.82M
$19.10M – $25.46M
NOI $1,527,631 @ 7.0% cap · market cap 305.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,011 visits/mo
0.2 miles
Exxon
Shops & Services
5,625 visits/mo
0.2 miles
Demographics for 76064, TX
1,929
Population
1,022
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
76%
High-School Grad
21.7 sq mi
ZIP Area
89
Density / Sq Mi
$70,326
Median Household Income
$35,430
Median Earnings
$1,398
Median Rent
$317,400
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?
Retail space - Fully equipped retail store with ADA restroom, walk-in beer cooler, and drive-thru window for customer-friendly service.
Where is this retail space located?
The property is located at 318 N Main St Maypearl, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2022‑built fully equipped retail store with a drive‑thru window for customer‑friendly service; Includes a large walk‑in beer cooler plus multiple glass‑door coolers; Dedicated wine room and frozen margarita station
