Second-Generation Restaurant
821 E 9th St Mission, TX 78572
821 E 9th St, Mission, TX, 78572
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For Sale
Contact for pricing
Standalone restaurant site with an existing commercial kitchen hood system, walk-in cold rooms, and dedicated parking.
Property Size2,390 SF
Price / SF$251.05
Days on Market109
Property Features for 821 E 9th St
General Information
- Standard status
- Active
- Size
- 2,390 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
eXp Commercial
Listed by
Cesar Cepeda · License #9010212
Source
Crexi
Added: Apr 4 Updated: Jul 20 at 8:10PM Checked: Jul 21 at 4:22AM
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 eXp Commercial
Investment Insights
Based on property information with market context.
This standalone restaurant building is offered for lease or sale and is set up for second-generation food service. The space includes an existing commercial kitchen hood system, two walk-in cold rooms (cooler/freezer to be verified), and a functional interior layout with kitchen, storage, and dining areas.
The property is located in Mission, Texas at 821 E 9th St, in an area described as surrounded by dense residential neighborhoods with strong visibility and accessibility. Public remarks also note proximity to US Business 83, an east-west corridor, and a stated daily traffic flow supporting food-service demand.
As presented, the offering includes the existing restaurant infrastructure and a dedicated parking setup, making it suitable for operators looking to take advantage of an established restaurant configuration.
The property is located in Mission, Texas at 821 E 9th St, in an area described as surrounded by dense residential neighborhoods with strong visibility and accessibility. Public remarks also note proximity to US Business 83, an east-west corridor, and a stated daily traffic flow supporting food-service demand.
As presented, the offering includes the existing restaurant infrastructure and a dedicated parking setup, making it suitable for operators looking to take advantage of an established restaurant configuration.
Key Highlights
- Standalone restaurant building (built 1986) at 821 E 9th St, Mission, TX
- Existing commercial kitchen hood system in place
- Includes two walk‑in cold rooms (cooler/freezer)—verification needed
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 | $49.0k | $20.52 |
| − Vacancy | −$2.8k | −$1.17 |
| EGI | $46.2k | $19.35 |
| − OpEx | −$11.6k | −$4.84 |
| NOI | $34.7k | $14.51 |
2,390 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$495.5K
$433.6K – $578.1K
NOI $34,686 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$179.7K
$157.2K – $209.6K
NOI $12,577 @ 7.0% cap · market cap 2.10%
Theoretical Best
Hotel Hospitality
$1.80M
$1.58M – $2.10M
NOI $126,013 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pizza Hut
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Standalone restaurant site with an existing commercial kitchen hood system, walk-in cold rooms, and dedicated parking.
Where is this conventional restaurant located?
The property is located at 821 E 9th St Mission, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Standalone restaurant building (built 1986) at 821 E 9th St, Mission, TX; Existing commercial kitchen hood system in place; Includes two walk‑in cold rooms (cooler/freezer)—verification needed