Building Details

Building Size 1,792 SF

Year Built 1996

Listing Agency: Coldwell Banker Commercial Capital Advisors

Listed By: Alex Eberhardt Show Phone

Source: Thebrokerlist

Added: Jun 4 Changed: Oct 13 Last Checked: Oct 20 at 5:12PM

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Investment Insights

Based on property information with market context.

This former restaurant property at 612 N. Broadway St features a drive-thru capable site and an adaptable layout intended to support a range of service-oriented uses. The property includes existing restaurant infrastructure, along with multiple access points designed for convenient ingress and egress and efficient customer circulation.

Situated on a high-visibility hard corner in the heart of Post, Texas, the location provides strong frontage along N. Broadway St with high traffic exposure and prominent accessibility for local and regional users traveling through the community.

The overall configuration and existing improvements offer flexibility for restaurant, retail, office, or service users seeking a corner storefront setting with drive-thru functionality.

Key Highlights

• Former restaurant building built in 1996 at 612 N. Broadway St, available for sale or lease
• High‑visibility hard corner location in Post, Texas with strong frontage along N. Broadway St
• Drive‑thru capable site with multiple access points for convenient ingress and egress

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,249

Cap Rate

4.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,980 $405.0K

Cap Rate 7%

$289,271 $289.3K

Cap Rate 9%

$224,989 $225.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,792 SF

Gross rent

$29.0K $16.20/SF

− Vacancy

−$2.0K −$1.13/SF

EGI

$27.0K $15.07/SF

− OpEx

−$6.7K −$3.77/SF

NOI

$20.2K $11.30/SF

Area

Garza County, TX

Vacancy

7.00%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$404,980

Cap Rate 7%

$289,271

Cap Rate 9%

$224,989

Alternative Uses

Best Use

Specialty Retail

$289.3K

$253.1K – $337.5K (±1% cap)

NOI $20,249 @ 7.0% cap · market cap 4.26%

Second Best

Retail

$247.3K

$216.4K – $288.5K (±1% cap)

NOI $17,311 @ 7.0% cap · market cap 3.64%

Theoretical Best

Office A

$451.8K

$395.3K – $527.1K (±1% cap)

NOI $31,624 @ 7.0% cap · market cap 6.66%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Building Supply Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284

Businesses Nearby

Explore this area Business Placement

Demographics for 79356, TX

5,695

Population

1,892

Households

3

Avg Household Size

40

Median Age

10%

College-Educated

68%

High-School Grad

824.1 sq mi

ZIP Area

7

Density / Sq Mi

$48,466

Median Household Income

$29,821

Median Earnings

$784

Median Rent

$83,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Drive-thru capable former restaurant on a high-visibility corner with strong frontage and multiple access points.

Where is this drive through restaurant located?

The property is located at 612 North Broadway Street Post, TX.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Former restaurant building built in 1996 at 612 N. Broadway St, available for sale or lease; High‑visibility hard corner location in Post, Texas with strong frontage along N. Broadway St; Drive‑thru capable site with multiple access points for convenient ingress and egress