Property summary
This thriving Houston restaurant, located at 13192 Veterans Memorial Dr, Houston, TX 77014 within the Torrey Square Shopping Center, is offered for sale at $320,000. The 3,700 square foot, single-story building boasts a 37.15% cap rate and a strong NOI of $118,869. The business features a unique fusion menu combining fresh seafood with Thai and Vietnamese flavors, appealing to a broad customer base. Its excellent online reputation, reflected in a 4.3+ star Google rating from over 255 reviews, speaks to its consistent customer satisfaction. This turnkey operation benefits from a high-traffic location at the intersection of Veterans Memorial Drive and Bammel N. Houston Road, ensuring high visibility and accessibility. The sale includes 100% ownership of this established brand with significant growth potential in a vibrant culinary market. The property is a NNN lease, with a single tenant and building. This represents a compelling investment opportunity for those seeking a profitable and well-regarded restaurant business. The business is categorized as Class B.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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