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    11191 Westheimer Rd Houston, TX 77042

    Sponsored
    For Sale
    $120,000

    Established Restaurant, Bank-Owned

    Property size:
    1,203 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional business opportunity presents a fully operational restaurant located at 11191 Westheimer Rd, Houston, TX 77042, in Harris County. The 1,203 square foot space is currently operating under a Net Net Net (NNN) lease, with a monthly rent of $4,000 plus NNN charges. A 5-year lease was signed in 2021, including a 5-year option to renew, offering significant long-term stability. The asking price for this bank-owned foreclosure is $120,000, translating to a price per square foot of $99.75. The business is categorized as "Business Only," suitable for an owner-operator or experienced investor seeking a turnkey operation. The restaurant offers a diverse menu featuring various chicken options paired with unique sauces, signature appetizers (including kimchi and bulgogi fries), and a selection of domestic and imported beers. This established business benefits from a prime location and a proven track record, making it an attractive investment opportunity in the thriving Houston market. The property is a single-tenant occupancy. Financial details are available upon request. Serious inquiries only.

    Property Features for 11191 Westheimer Rd

    General Information

    Property type
    Investment properties
    Square Feet
    1,203 SF

    HighLights

    • Bank‑owned foreclosure, 1,203 SF restaurant in Houston, TX.
    • $120,000 asking price ($99.75/SF).
    • NNN lease at $4,000/month plus NNN charges.
    • 5‑year lease (2021) with a 5‑year renewal option.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.572681468219
    Latitude
    29.736149272279

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    FAQs

    What type of property is this?
    Investment property - Established Restaurant, Bank-Owned
    Where is this investment property located?
    The property is located at 11191 Westheimer Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Bank-owned foreclosure, 1,203 SF restaurant in Houston, TX.; $120,000 asking price ($99.75/SF).; NNN lease at $4,000/month plus NNN charges.
    Request Owner's contact information
    11191 Westheimer Rd Houston, TX 77042
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    Houston, TX 77042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11191 Westheimer Rd Houston, TX 77042
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