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    976 Coronado Blvd Universal City, TX 78148

    For Sale
    $350,000

    Established Thai restaurant, high cap rate, turnkey operation.

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional opportunity presents the chance to acquire Noy's Bistro, a well-established Thai restaurant located at 976 Coronado Blvd, Universal City, TX 78148. Boasting a prime corner location in the Coronado Square shopping center, this 4,200 square foot restaurant has served the community since 2011, building a loyal clientele, including a significant base from nearby Randolph Air Force Base. The restaurant features seating for 100 guests and includes all furniture and equipment (excluding a leased dishwasher). A 2019 Ford F-150 truck with approximately 19,000 miles is also included in the sale. The business benefits from a strong online presence, reflected in its 4.6-star ratings across Yelp and Google. The current lease is a Triple Net (NNN) agreement with a 5-year term expiring September 30, 2026, and an option to renew. The sale includes a comprehensive security system, advanced POS software, and QuickBooks-managed payroll. The attractive asking price of $350,000 offers an impressive 18% capitalization rate. The current owners, a retired military veteran and his wife, are willing to provide training to ensure a smooth transition. The sale also includes authentic Thai artwork and décor, adding to the unique ambiance of this successful business. This is a turnkey operation ready for a new owner to step in and continue its legacy of success.

    Property Features for 976 Coronado Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    4,200 SF
    Class
    A

    HighLights

    • Established Thai restaurant for sale in prime Universal City location.
    • 4,200 SF restaurant with seating for 100, including all furniture, equipment (excluding leased dishwasher), and a 2019 Ford F‑150 truck (19,000 miles).
    • Strong online presence with 4.6‑star Yelp and Google ratings.
    • Triple Net (NNN) lease with 5‑year term expiring September 30, 2026, and renewal option.
    • Includes security system, POS software, QuickBooks payroll, and authentic Thai décor. Seller financing may be available.
    • Asking price: $350,000, offering an 18% capitalization rate. Seller offering training.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Universal City
    County
    Bexar
    State
    Texas
    Longitude
    -98.315005122358
    Latitude
    29.557437326665

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    FAQs

    What type of property is this?
    Investment property - Established Thai restaurant, high cap rate, turnkey operation.
    Where is this investment property located?
    The property is located at 976 Coronado Blvd Universal City, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Established Thai restaurant for sale in prime Universal City location.; 4,200 SF restaurant with seating for 100, including all furniture, equipment (excluding leased dishwasher), and a 2019 Ford F-150 truck (19,000 miles).; Strong online presence with 4.6-star Yelp and Google ratings.
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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
    976 Coronado Blvd Universal City, TX 78148
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