Former Burger Shop
For Sale
Contact for pricing
5322 Antoine Drive, Houston, TX 77091
For-sale restaurant storefront with existing quick-service identity, offered with owner-financing for qualified business owners.
Property Size2,987 SF
Price / SF$184.13
Days on Market79
Property Features for 5322 Antoine Drive
General Information
Standard status
Active
Size
2,987 SF
Property subtype
Retail, Mixed Use
Zoning
Commercial
Lease Type
NNN
Building Details
Year Built
1978
Buildings
1
Units
1
Listing Agency:
Texas Signature Realty
Listed By:
SOKUNTHEA IM · License #719101
Source:
Crexi
Added: Jun 16
Changed: Aug 16
Last Checked: Aug 31 at 10:00PM
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 Texas Signature Realty
Investment Insights
Based on property information with market context.
This property is a restaurant storefront previously operating as a burger shop, now available for sale. The offering is positioned for an owner-operator or business owner looking to put the space into their own concept, with owner-financing terms available through the listing agent.
The asset is located at 5322 Antoine Drive in Houston, Texas (77091). As a former quick-service restaurant, it is presented as a ready-to-adapt retail food use for tenants and operators seeking a storefront-style location.
The owner-financing feature can be especially relevant for buyers who want to structure the acquisition with terms discussed directly with the seller. Prospective tenants, buyers, and brokers are encouraged to contact the agent to review the owner-financing terms and confirm how the space aligns with a planned restaurant concept.
The asset is located at 5322 Antoine Drive in Houston, Texas (77091). As a former quick-service restaurant, it is presented as a ready-to-adapt retail food use for tenants and operators seeking a storefront-style location.
The owner-financing feature can be especially relevant for buyers who want to structure the acquisition with terms discussed directly with the seller. Prospective tenants, buyers, and brokers are encouraged to contact the agent to review the owner-financing terms and confirm how the space aligns with a planned restaurant concept.
Key Highlights
- Former famous Burger Shop restaurant storefront with existing quick‑service identity
- Offered with owner financing for qualified business owners
- Year built: 1978
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
$45,970
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
8.36%
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%
$919,400
$919.4K
Cap Rate 7%
$656,714
$656.7K
Cap Rate 9%
$510,778
$510.8K
Market Conditions
NOI Build-Up for 2,987 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
$64.5K $21.60/SF
− Vacancy
−$3.2K −$1.08/SF
EGI
$61.3K $20.52/SF
− OpEx
−$15.3K −$5.13/SF
NOI
$46.0K $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%
$919,400
Cap Rate 7%
$656,714
Cap Rate 9%
$510,778
Alternative Uses
Best Use
Specialty Retail
$656.7K
$574.6K – $766.2K
NOI $45,970 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.1K
$672.1K – $896.1K
NOI $53,766 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For-sale restaurant storefront with existing quick-service identity, offered with owner-financing for qualified business owners.
Where is this conventional restaurant located?
The property is located at 5322 Antoine Drive Houston, TX.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Former famous Burger Shop restaurant storefront with existing quick‑service identity; Offered with owner financing for qualified business owners; Year built: 1978
