425 N Main St, Vidor, TX 77662
Fully equipped restaurant space ready for a new concept.
- Added:
- Sep 9, 2024
- Days on Market:
- 640
- Last Refresh:
- May 12 at 9:56 pm
Property Features for 425 N Main St
General Information
- Standard status
- Active
- Size
- 1,998 SF
- Property subtype
- Hospitality, Retail
Building Details
- Year Built
- 1975
Listing agent David Boatner License #TX 315137
Listing office Connect Realty
Listing date Sep 9, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Connect Realty
HighLights
- Ready‑to‑use, fully equipped restaurant space.
- Delivered vacant at closing for easy transition.
- Complete kitchen setup, dining furniture, and fixtures included.
- Spacious dining area.
- Ample parking.
- High‑traffic location with good visibility.
Overview
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 | $37.2k | $18.60 |
| − Vacancy | −$2.8k | −$1.40 |
| EGI | $34.4k | $17.21 |
| − OpEx | −$8.6k | −$4.30 |
| NOI | $25.8k | $12.90 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- King's Buffet — Vidor, TX 77662
Location Insight
- Map
- Local Demand
- City
- Vidor
- County
- Orange
- State
- Texas
- Longitude
- -94.014969
- Latitude
- 30.128525
