Broken Horn Steakhouse
For Sale
Contact for pricing
520 Southeast 24th Avenue, Perryton, TX 79070
Full-service dining property with event-oriented hospitality use in Perryton, Texas.
Property Size12,000 SF
Price / SF$62.08
Days on Market138
Property Features for 520 Southeast 24th Avenue
General Information
Standard status
Active
Size
12,000 SF
Class
B
Property subtype
Retail
Investment Type
Owner/User
Net Operating Income
$71,000
Financials
Asking Price
$650,000
Cap Rate
10.9%
Building Details
Year Built
1986
Listing Agency:
FIMC Commercial Realty
(806) 358-7151
Listed By:
Kirk Chudej · License #TX 604402
Source:
Crexi
Added: Apr 17
Changed: Aug 30
Last Checked: Aug 31 at 9:33PM
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 FIMC Commercial Realty
Investment Insights
Based on property information with market context.
Broken Horn Steakhouse is a 12,000-square-foot restaurant property in Perryton, Texas, offering a full-service steakhouse format with an event-oriented hospitality component. The building was constructed in 1986 and is located at 520 Southeast 24th Avenue.
The property is presented as an operating hospitality asset with in-place cash flow and potential for owner-operator involvement. The offering materials identify opportunities tied to food and beverage operations, events, and efficiency improvements. Underwritten trailing NOI is approximately $71,000, with an indicated real estate cap rate of approximately 10.9%.
The property is presented as an operating hospitality asset with in-place cash flow and potential for owner-operator involvement. The offering materials identify opportunities tied to food and beverage operations, events, and efficiency improvements. Underwritten trailing NOI is approximately $71,000, with an indicated real estate cap rate of approximately 10.9%.
Key Highlights
- 12,000‑square‑foot restaurant property
- Full‑service steakhouse format
- Event‑oriented hospitality component
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 14%
Hotels & Casinos 14%
Toot'n Totum
Shops & Services
9,834 visits/mo
0.3 miles
Texaco
Shops & Services
3,923 visits/mo
0.4 miles
SUBWAY
Dining
2,700 visits/mo
0.4 miles
Baymont By Wyndham Perryton
Hotels & Casinos
1,763 visits/mo
0.4 miles
Holiday Inn Express & Suites Perryton
Hotels & Casinos
847 visits/mo
0.4 miles
Demographics for 79070, TX
9,671
Population
4,210
Households
2.3
Avg Household Size
34
Median Age
19%
College-Educated
81%
High-School Grad
865.1 sq mi
ZIP Area
11
Density / Sq Mi
$64,988
Median Household Income
$44,279
Median Earnings
$905
Median Rent
$135,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- China Buffet — 2802 S Main St, Perryton, TX 79070
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Full-service dining property with event-oriented hospitality use in Perryton, Texas.
Where is this conventional restaurant located?
The property is located at 520 Southeast 24th Avenue Perryton, TX.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 12,000‑square‑foot restaurant property; Full‑service steakhouse format; Event‑oriented hospitality component
