space! Bring Your Own Concept To This Fully Equipped Turn Ky Conroe, TX 77385
This exceptional 1,200-square-foot restaurant space in Conroe, Texas, presents a unique opportunity for immediate occupancy. Priced at $149,000, this turnkey establishment is located in Montgomery County (zip code 77385) on a busy street near a major grocery store, ensuring high visibility and foot traffic. The property features a fully equipped kitchen, including three 50-lb gas fryers, a four-burner stove, a 24-inch grill, a 36-inch charbroiler, a 12-foot vent hood, a 72-inch deep freezer, reach-in coolers and freezers, a three-compartment stainless steel sink, a dishwasher, a washing machine, and a 500-gallon grease trap. Additional equipment includes a microwave and bun toaster. The space also boasts a newly updated customer restroom. The current lease is a NNN agreement with a monthly rent of $3,850 and a remaining term of approximately four years, with a five-year option extending to January 31, 2028. This presents a significant advantage over building from scratch, saving both time and money. The seller is motivated by personal reasons. While traditional SBA financing isn't available, unsecured lending options may be accessible to qualified buyers with a credit score of 680 or higher. This high-traffic location, situated in a thriving area with numerous residential communities and new retail developments, offers substantial growth potential. The restaurant is ready for immediate operation, allowing a new owner to begin generating revenue quickly.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.