Jollyville, TX 78729
- Retail properties
- 1,000 SF
Current Use by Public Records
- Retail properties
Property Details
- Year built
- 2014
- Property size
- 1,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving North Austin restaurant presents a unique opportunity for immediate ownership and operation. Located in a high-visibility spot off Highway 183 near Anderson Mill Road, this 1,000-square-foot space boasts a fully equipped commercial kitchen and a small dining area. Built in 2014, the restaurant has been successfully operating for nearly a decade, benefiting from its proximity to numerous apartment complexes, single-family homes, and other businesses. The lease, expiring December 30, 2031, offers significant long-term stability at a monthly rent of $2,933, inclusive of all CAM charges. The impressive kitchen features an 18-foot hood, walk-in freezer and cooler, grease trap, six burners, two prep coolers, a meat slicer, two deep fryers, and a wealth of additional equipment, including a coffee brewer, tea brewer, and various refrigeration units. This turnkey operation eliminates the substantial costs and time associated with building out a new restaurant, allowing for a quick and efficient transition to new ownership. The existing Certificate of Occupancy ensures immediate operational readiness. The sale price of $85,000 represents an exceptional value for a fully operational restaurant with a proven track record and a long-term lease. This location is ideal for a variety of food service concepts, offering a strong foundation for continued success.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jollyville
- County
- State
- Texas
- Longitude
- -97.7471
- Latitude
- 30.4647
