Sushi and Fresh Fruit
New
For Sale
Contact for pricing
5310 South Rice Avenue, Houston, TX 77081
To-go food business operating inside a Sam’s Club near Houston’s Galleria area.
Property Size300 SF
Price / SF$330
Days on Market6
Property Features for 5310 South Rice Avenue
General Information
Standard status
Active
Size
300 SF
Class
B
Property subtype
Business for Sale
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$60,000
Additional Details
Business Included
Yes
Building Details
Year Built
2023
Units
1
Tenancy
Multi
Listing Agency:
Southwest Realty Group
Listed By:
Kenneth Li · License #TX 0337696
(713) 826-3388
Source:
Crexi
Added: Aug 29
Changed: Sep 1
Last Checked: Sep 1 at 9:03PM
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 Southwest Realty Group
Investment Insights
Based on property information with market context.
This 2023 restaurant business operates inside a Sam’s Club and specializes in prepared sushi and fresh-fruit offerings for takeout. The concept is structured as a franchise business, with training provided by the franchisor and an operating format focused on to-go service.
The property is located at 5310 South Rice Avenue in Houston, near the Galleria area. The site is described as being close to Loop 610 and the Southwest Freeway, providing access to established regional roadways. The business is offered for sale as an operating food-service concept within the Sam’s Club setting.
The property is located at 5310 South Rice Avenue in Houston, near the Galleria area. The site is described as being close to Loop 610 and the Southwest Freeway, providing access to established regional roadways. The business is offered for sale as an operating food-service concept within the Sam’s Club setting.
Key Highlights
- Sushi and fresh‑fruit to‑go concept
- Operating inside a Sam’s Club
- Franchise business with franchisor‑provided training
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
$4,617
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
4.66%
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%
$92,340
$92.3K
Cap Rate 7%
$65,957
$66.0K
Cap Rate 9%
$51,300
$51.3K
Market Conditions
NOI Build-Up for 300 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
$6.5K $21.60/SF
− Vacancy
−$324 −$1.08/SF
EGI
$6.2K $20.52/SF
− OpEx
−$1.5K −$5.13/SF
NOI
$4.6K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$92,340
Cap Rate 7%
$65,957
Cap Rate 9%
$51,300
Alternative Uses
Best Use
Specialty Retail
$66.0K
$57.7K – $77.0K
NOI $4,617 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$77.1K
$67.5K – $90.0K
NOI $5,400 @ 7.0% cap · market cap 5.45%
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
2,209
Businesses Nearby
323k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 50%
Dining 28%
Electronics 19%
Hotels & Casinos 1%
Walmart
Superstores
161,521 visits/mo
0.5 miles
Micro Center
Electronics
61,070 visits/mo
0.3 miles
Chick-fil-A
Dining
46,159 visits/mo
0.3 miles
El Pollo Loco
Dining
18,965 visits/mo
0.3 miles
Starbucks
Dining
14,258 visits/mo
0.3 miles
Demographics for 77081, TX
48,293
Population
21,245
Households
2.3
Avg Household Size
30
Median Age
19%
College-Educated
55%
High-School Grad
3.3 sq mi
ZIP Area
14,634
Density / Sq Mi
$42,228
Median Household Income
$27,982
Median Earnings
$990
Median Rent
$245,200
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - To-go food business operating inside a Sam’s Club near Houston’s Galleria area.
Where is this conventional restaurant located?
The property is located at 5310 South Rice Avenue Houston, TX.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Sushi and fresh‑fruit to‑go concept; Operating inside a Sam’s Club; Franchise business with franchisor‑provided training
