6202 W Mile 7 Road Mission, TX 78574
Restaurant with drive-thru, fully equipped kitchen, ample parking.
- Added:
- Jan 27, 2024
- Days on Market:
- 895
- Last Refresh:
- May 12 at 8:24 pm
Property Features for 6202 W Mile 7 Road
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.50 Acres
- Property subtype
- Land, Retail
Building Details
- Year Built
- 2004
Listing office Equity Assets Realty (956) 369-0899
Listing date Jan 27, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High traffic street location
- Drive‑thru window
- Fully equipped kitchen
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $20.52 |
| − Vacancy | −$1.9k | −$1.17 |
| EGI | $31.0k | $19.35 |
| − OpEx | −$7.7k | −$4.84 |
| NOI | $23.2k | $14.51 |