Operational Restaurant Space For
7344 Baker Boulevard Richland Hills, TX 76118
For Sale
$700,000
Fully operational restaurant with high visibility and convenient access.
Property Size2,040 SF
Price / SF$343.14
Days on Market96
Property Features for 7344 Baker Boulevard
General Information
- Standard status
- Active
- Size
- 2,040 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing Agency:
Keller Williams Legacy
(972) 599-7000
Listed By:
Jordan Davis · License #0632691
(817) 313-7973
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 5:49PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This is a rare opportunity to own a fully operational restaurant space in the heart of Richland Hills, conveniently located just off Loop 820 and Highway 121. The property offers excellent visibility and easy access in a high-traffic area. The interior features a spacious dining area capable of accommodating high guest volume, along with a fully equipped commercial kitchen that's ready for immediate use. Guests will enjoy the added benefit of a large outdoor patio, perfect for al fresco dining or hosting events. A drive-through window adds valuable convenience and potential for fast-casual or quick-service operations. Ample on-site parking provides convenience for both customers and staff, enhancing the property's overall accessibility and appeal. The property size is 2040 square feet.
Key Highlights
- Fully equipped commercial kitchen ready for immediate use.
- High‑traffic location with excellent visibility and easy access off Loop 820 and Highway 121.
- Spacious dining area capable of accommodating high guest volume.
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 | $44.1k | $21.60 |
| − Vacancy | −$2.9k | −$1.40 |
| EGI | $41.2k | $20.20 |
| − OpEx | −$10.3k | −$5.05 |
| NOI | $30.9k | $15.15 |
2,040 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$441.4K
$386.3K – $515.0K
NOI $30,900 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$717.6K
$627.9K – $837.2K
NOI $50,233 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Fully operational restaurant with high visibility and convenient access.
Where is this conventional restaurant located?
The property is located at 7344 Baker Boulevard Richland Hills, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully equipped commercial kitchen ready for immediate use.; High‑traffic location with excellent visibility and easy access off Loop 820 and Highway 121.; Spacious dining area capable of accommodating high guest volume.
