2160 Tx-121 Bonham, TX 75418
This exceptional investment opportunity presents a portfolio of two modern, 100% occupied fast-food restaurants in Bonham, Texas. Built in 2020, these buildings boast approximately 2,000-2,400 square feet each and sit on a combined 1.69 acres at a high-traffic intersection of SH-121 and US-82. The properties are anchored by established brands: Papa John's, Captain D's, and Williams Chicken, all operating under long-term (20-year) NNN leases, ensuring consistent cash flow. Located adjacent to a major retail center including a Walmart, this portfolio benefits from significant customer draw from over 14 surrounding towns. The strategic location near the newly developed Bois D'Arc Lake and the expansive "Project 617" mixed-use development promises substantial future growth and increased foot traffic, making this a compelling investment in a vibrant, expanding community. The asking price for this turnkey portfolio is $3,200,000. This is a rare opportunity to acquire a stable, high-performing commercial real estate asset with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.