Freestanding Drive-Thru
For Sale
$599,950
8721 Boulevard 26, North Richland Hills, TX 76180
Freestanding restaurant with drive-thru and on-site parking on a corner lot with strong street-front presence.
Property Size1,532 SF
Lot Size0.24 Acres
Price / SF$391.61
Days on Market79
Property Features for 8721 Boulevard 26
General Information
Standard status
Active
Size
1,532 SF
Lot size
0.24 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
1998
Tenancy
Single
Listing Agency:
Keller Williams Realty-FM
(214) 853-2540
Listed By:
Erik Bauer · License #0626338
(214) 853-2540
Source:
Xome
Added: May 13
Changed: Jul 10
Last Checked: Jun 15 at 5:01AM
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 Realty-FM
Investment Insights
Based on property information with market context.
This freestanding restaurant property offers a drive-thru arrangement and turn-key restaurant infrastructure, built in 1998 and set on a 0.24-acre corner lot. The offering includes on-site parking and the ability to operate with complete control, with no CAM fees referenced in the remarks.
Located at 8721 Boulevard 26 in North Richland Hills, the site is described as having prominent street-front visibility along one of the area’s busiest corridors, supported by the seller’s statement of heavy daily traffic. The location’s corner placement is intended to enhance visibility from the street.
Designed for an owner-user, the layout supports independent operation with a drive-thru component and on-site parking. For buyers looking for income potential, the remarks note there are four years remaining on a long-term tenant lease. The property is positioned as a high-visibility flagship restaurant site where the existing improvements and drive-thru setup can support brand and operational continuity.
Located at 8721 Boulevard 26 in North Richland Hills, the site is described as having prominent street-front visibility along one of the area’s busiest corridors, supported by the seller’s statement of heavy daily traffic. The location’s corner placement is intended to enhance visibility from the street.
Designed for an owner-user, the layout supports independent operation with a drive-thru component and on-site parking. For buyers looking for income potential, the remarks note there are four years remaining on a long-term tenant lease. The property is positioned as a high-visibility flagship restaurant site where the existing improvements and drive-thru setup can support brand and operational continuity.
Key Highlights
- Freestanding restaurant building with drive‑thru and on‑site parking
- 1,532 SF standalone commercial property on a 0.24‑acre corner lot
- No CAM fees reported
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 | $33.1k | $21.60 |
| − Vacancy | −$2.2k | −$1.40 |
| EGI | $30.9k | $20.20 |
| − OpEx | −$7.7k | −$5.05 |
| NOI | $23.2k | $15.15 |
1,532 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$331.5K
$290.1K – $386.8K
NOI $23,205 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$538.9K
$471.6K – $628.7K
NOI $37,724 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 76180, TX
37,087
Population
16,138
Households
2.3
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
3,988
Density / Sq Mi
$78,688
Median Household Income
$42,984
Median Earnings
$1,553
Median Rent
$286,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding restaurant with drive-thru and on-site parking on a corner lot with strong street-front presence.
Where is this drive through restaurant located?
The property is located at 8721 Boulevard 26 North Richland Hills, TX.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: Freestanding restaurant building with drive‑thru and on‑site parking; 1,532 SF standalone commercial property on a 0.24‑acre corner lot; No CAM fees reported
