Drive-Through Restaurant with Covered
For Sale
Contact for pricing
6767 W Port Arthur Rd., Port Arthur, TX 77640
Restaurant facility includes kitchen infrastructure, outdoor dining, and on-site parking.
Property Size1,673 SF
Lot Size0.96 Acres
Price / SF$209.21
Days on Market103
Property Features for 6767 W Port Arthur Rd.
General Information
Standard status
Active
Size
1,673 SF
Total Parking Spaces
15
Lot size
0.96 Acres
Property subtype
Retail
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Additional Details
Drive-Thru
Yes
Building Details
Year Built
2001
Listing Agency:
Coldwell Banker Commercial Arnold and Associates
(409) 833-5055
Listed By:
Tammiey Linscomb · License #TX
Source:
Crexi
Added: May 21
Changed: Aug 30
Last Checked: Aug 30 at 10:54PM
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 Coldwell Banker Commercial Arnold and Associates
Investment Insights
Based on property information with market context.
Located at 6767 W Port Arthur Rd. in Port Arthur, Texas, this drive-through restaurant property includes a 1,673-square-foot structure built in 2001 on 0.964 acres. The site is configured with 22 covered drive-up stalls and 15 additional parking spaces.
Existing improvements include a vent hood, cooler and freezer, grease trap, POS system, stock shelving, and food-preparation equipment. The building also provides two restrooms, including one interior and one exterior restroom, along with an outdoor dining area and property signage.
Existing improvements include a vent hood, cooler and freezer, grease trap, POS system, stock shelving, and food-preparation equipment. The building also provides two restrooms, including one interior and one exterior restroom, along with an outdoor dining area and property signage.
Key Highlights
- 1,673 SF restaurant structure built in 2001
- 0.964‑acre site with 22 covered drive‑up stalls
- 15 parking spaces in addition to the covered stalls
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
$23,636
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
6.75%
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%
$472,720
$472.7K
Cap Rate 7%
$337,657
$337.7K
Cap Rate 9%
$262,622
$262.6K
Market Conditions
NOI Build-Up for 1,673 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
$33.5K $20.04/SF
− Vacancy
−$2.0K −$1.20/SF
EGI
$31.5K $18.84/SF
− OpEx
−$7.9K −$4.71/SF
NOI
$23.6K $14.13/SF
Area
Jefferson County, TX
Vacancy
6.00%
Lease Rate
$20.04 /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%
$472,720
Cap Rate 7%
$337,657
Cap Rate 9%
$262,622
Alternative Uses
Best Use
Specialty Retail
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$18.80M
$16.45M – $21.93M
NOI $1,315,780 @ 7.0% cap · market cap 375.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,644 visits/mo
0.4 miles
Storage Rentals of America
Shops & Services
657 visits/mo
0.4 miles
Demographics for 77640, TX
16,618
Population
9,020
Households
1.8
Avg Household Size
39
Median Age
12%
College-Educated
84%
High-School Grad
37.3 sq mi
ZIP Area
446
Density / Sq Mi
$50,832
Median Household Income
$34,273
Median Earnings
$1,163
Median Rent
$97,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant facility includes kitchen infrastructure, outdoor dining, and on-site parking.
Where is this drive through restaurant located?
The property is located at 6767 W Port Arthur Rd. Port Arthur, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,673 SF restaurant structure built in 2001; 0.964‑acre site with 22 covered drive‑up stalls; 15 parking spaces in addition to the covered stalls
