Furnished Restaurant with
For Sale
Contact for pricing
808 W Ennis Avenue, Ennis, TX 75119
Restaurant space includes a reception area, small bar, equipped kitchen, and outdoor dining area.
Property Size1,848 SF
Price / SF$2.44
Days on Market57
Property Features for 808 W Ennis Avenue
General Information
Standard status
Active
Size
1,848 SF
Property subtype
Retail
Building Details
Year Built
1945
Listing Agency:
K-nor Llc
(972) 875-7903
Listed By:
Norma Epstein · License #0574380
(214) 543-2339
Source:
Lonestarluxuryrealty
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 15 at 1:06AM
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 K-nor Llc
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Investment Insights
Based on property information with market context.
This 1,848-square-foot restaurant property, built in 1945, is configured for dine-in service with a reception or waiting area, small bar, dining room, and patio. Tables and chairs are included, while the kitchen contains a cooler and freezer. A rear storage room and existing security wiring add functional support space.
The property is located at 808 W Ennis Avenue in Ennis, Texas, with approximately 15,000 cars passing daily. On-site parking is available for restaurant patrons. The lease structure is double net with a minimum three-year term.
The property is located at 808 W Ennis Avenue in Ennis, Texas, with approximately 15,000 cars passing daily. On-site parking is available for restaurant patrons. The lease structure is double net with a minimum three-year term.
Key Highlights
- Approximately 15,000 cars in average daily traffic exposure
- 1,848‑square‑foot restaurant property built in 1945
- Dining room with reception or waiting area, small bar, and patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,038
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,760
$660.8K
Cap Rate 7%
$471,971
$472.0K
Cap Rate 9%
$367,089
$367.1K
Market Conditions
NOI Build-Up for 1,848 SF
Gross rent
$46.1K $24.96/SF
− Vacancy
−$2.1K −$1.12/SF
EGI
$44.1K $23.84/SF
− OpEx
−$11.0K −$5.96/SF
NOI
$33.0K $17.88/SF
Area
Ellis County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,760
Cap Rate 7%
$471,971
Cap Rate 9%
$367,089
Alternative Uses
Best Use
Specialty Retail
$472.0K
$413.0K – $550.6K
NOI $33,038 @ 7.0% cap · market cap 734.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$20.16M
$17.64M – $23.53M
NOI $1,411,531 @ 7.0% cap · market cap 31,367.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Shops & Services 37%
Dining 10%
Electronics 2%
H-E-B
Groceries
37,504 visits/mo
0.1 miles
H-E-B Fuel
Shops & Services
15,206 visits/mo
0.2 miles
Dollar General
Shops & Services
6,652 visits/mo
0.4 miles
Pizza Hut
Dining
5,213 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
4,391 visits/mo
0.4 miles
Demographics for 75119, TX
28,973
Population
11,738
Households
2.5
Avg Household Size
35
Median Age
20%
College-Educated
80%
High-School Grad
264.2 sq mi
ZIP Area
110
Density / Sq Mi
$76,983
Median Household Income
$41,861
Median Earnings
$1,230
Median Rent
$238,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a reception area, small bar, equipped kitchen, and outdoor dining area.
Where is this conventional restaurant located?
The property is located at 808 W Ennis Avenue Ennis, TX.
What are key features of this property?
This property features: Approximately 15,000 cars in average daily traffic exposure; 1,848‑square‑foot restaurant property built in 1945; Dining room with reception or waiting area, small bar, and patio
