Restaurant Building Near
6318 Broadway Boulevard Garland, TX 75043
6318 Broadway Boulevard, Garland, TX, 75043
$1,100,000
For Sale
$1,100,000
Restaurant building with drive-thru, equipment, and high-traffic location.
Property Size2,970 SF
Price / SF$370.37
Days on Market86
Property Features for 6318 Broadway Boulevard
General Information
- Standard status
- Active
- Size
- 2,970 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1979
Listing Agency
Epps Realty, LLC
(972) 289-7788
Listed by
Belinda Epps · License #0363894
(972) 896-4958
Source
Signaturere
Added: Apr 22 Checked: Jul 16 at 1:01 pm
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 Epps Realty, LLC
Investment Insights
Based on property information with market context.
This property, formerly a restaurant, is located near I-30 and Broadway (Beltline Rd). The building includes a drive-thru and existing equipment, such as tables, which can remain with the purchase or be removed. There are approximately 27 parking spaces, including one handicap space. The property is situated across the street from a Kroger-anchored center that also includes Northern Tools. Neighboring food establishments include Sonic, Dairy Queen, and Captain D's. The location is within walking distance of an office building, retail spaces, and a large residential development. The current grease trap size is 1,100 gallons. The I-30 Beltline intersection experiences high traffic volume. The property is zoned Community Retail District, allowing for various uses. The building size is 2,970 square feet.
Key Highlights
- High‑traffic location at I‑30 and Broadway (Beltline Rd).
- Existing drive‑thru.
- Community Retail District Zoning allows for many uses.
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 | $71.6k | $24.12 |
| − Vacancy | −$3.4k | −$1.16 |
| EGI | $68.2k | $22.96 |
| − OpEx | −$17.0k | −$5.74 |
| NOI | $51.1k | $17.22 |
2,970 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$730.7K
$639.4K – $852.5K
NOI $51,148 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.56M
$3.12M – $4.16M
NOI $249,463 @ 7.0% cap · market cap 22.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant building with drive-thru, equipment, and high-traffic location.
Where is this conventional restaurant located?
The property is located at 6318 Broadway Boulevard Garland, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High‑traffic location at I‑30 and Broadway (Beltline Rd).; Existing drive‑thru.; Community Retail District Zoning allows for many uses.
