520 SE 24TH Avenue, Perryton, TX 79070

This offering features Broken Horn Steakhouse, presented as a full-service steakhouse with event-oriented hospitality use. The package is marketed as business and real estate sold together, creating a built-in operating platform for an owner-operator or a hospitality buyer looking to manage the concept. The property size is listed at 37,030 square feet, supporting restaurant and hospitality activities within a single ownership structure.

The asset is located at 520 SE 24TH Avenue in Perryton, Texas, in Ochlitree County (ZIP 79070-5204). The provided materials describe the deal as underwritten on an illustrative real estate price basis of $650,000, with trailing net operating income of approximately $71,000 and an implied real estate cap rate of approximately 10.9%.

For tenants, buyers, or operators, the key consideration is the restaurant-and-events orientation combined with the fact that the business is included in the sale. Prospective purchasers should review the operating model and event programming fit, along with the property’s size and layout as it supports full-service service standards. For investors, the materials frame the real estate valuation using the illustrative figures provided, rather than projecting additional performance beyond the stated underwrite inputs.